Question

a) Identify a firm that has engaged in ethical wrongdoing (e.g., child labor, corruption, embezzlement, discrimination,...

a) Identify a firm that has engaged in ethical wrongdoing (e.g., child labor, corruption, embezzlement, discrimination, voluntary pollution, bribery, price gouging, and so on).
b) Briefly describe two costs that the firm has incurred as a result of its ethical wrongdoing.

Homework Answers

Answer #1

A firm that had engaged in ethical wrongdoing that I have selected for the purpose of this question is UBER and its workings in the year 2017. There were a lot of allegations on UBER which ranged from sexual harassment to criminal probes but instead of selecting any one particular point, I have selected the entirety of the deeds as the sum total and used that to identify the problems.

The most unethical problem that UBER had committed can be thought of as their use of a software that is now dubbed as "Greyball" in order to not have to involve themselves or deal with the regulations of the particular regions that they were operating in illegaly, adding to the problem of their unethical behaviour.

The firm has lost a lot of business due to the following cases coming out into the public and has also resulted in the removal of CEO Travis Kalanic and therefore, bringing an essential change in their leadership.

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