UNETHICAL BUSINESS ACTIVITIES

Unethical Business Activities

Unethical Business Activities

Introduction

The field of corporate public affairs, social responsibility and public affairs are multifaceted; involving complex interactions with multiple constituencies, various resources, differing interests, and serendipity. It remains as much an art as a science, even after four decades of empirical and theoretical studies from academics and professionals alike. A company maintains a social identity and repute for which profitability may not be the only criterion of success. A corporate entity has to be aware and cautious about the social changes occurring in its environment, while controlling its own actions and policies for positive, societal contributions. For this purpose, the corporation must be aware about its ethical foundations, social responsibilities towards the citizenship, and its won measures of corporate governance (Donaldson 2001, 25). This is a very complex task to achieve, and often leads to conflicts and rifts between different members of the company. This conflict affects the internal and external environments alike, leading the company to jeopardy. While anticipatory, risk-based analysis allows for reaction on some issues, holistic, strategic understanding remains undeveloped but in demand.

The business performance, growth and competitive advantage of the company also suffer as a result of this conflict. Future research into understanding the role of culture, ethical regulations, governance and accountability, and the changing societal pressures will likely broaden our collective understanding beyond the “Western” world of public affairs. By combining insights from a variety of different literatures, corporate political strategy gains credence from corporate strategy, stakeholder literature, issues management, international strategy, and international business (Schnieder 2011, 125).

This paper addresses the problems of ethics in corporate governance explaining the meaning of laudable and culpable decisions and offering a case study of business ethics at BAE Systems in UK. BAE Systems laudable and culpable decisions are identified and ranked, the ways to place and avoid blame are outlined, the use of ethical standards in business conducts is discussed, the role of external governance is argued.

We have a set of ideologies, values we have been discovering for a number of years; we try to systematize our live after this structure, and then examine to request that border of brain to functional positions in our lives. But often, we find us in a kind of inapt place because the moment we check to request our standards to this very functional inquiry in brain, we appear to the position which is not as obvious as we would want it to be, we cannot state apparently that the best likely substitute. Often, there is an alternative between good and awful answers, high-quality and bad, but perhaps good things are awful things (Arnold 2008, 25).

We have more or less the identical scheme to transact with difficulties in government. Well, we get the position and then trial to make decision about them. We have some ideas or suppositions about what is imitating the indications. The second is founded on the notion of rights, there are certain rudimentary human privileges should be ...