Question

What are some examples of companies that violated ethics and companies that practiced good ethics.

Answer 1

There could be many depending on the size of the business and how powerful they are.

1. Cheating customers meaning not telling the customer everything that they need to know before they buy the product or service, and making them sign legal papers they may not understand. Promising customer something before they buy and delivering something else after the sale.
2. Charging uninformed customers based on what they can get from them and not for what a fair market value of the product or service.
3. Using political and money power to kill their competitors’ business (including acquisitions) to create monopoly. Or tacit and hidden agreements between businesses to raise prices without competing.
4. Abusing employees by paying them less for hard work, providing no friendly and safe working environment for employees, and not appreciating the most producers.