Stakeholders-investors, customers, interest groups, employees, the legal system, and the community often determine whether a specific behavior is right or wrong, ethical or unethical. Judgments of these groups influence society’s acceptance or rejection of a business and it’s activities.

Every business has a social responsibility toward society. That means to maximize positive affects and minimize negative affects on the society. Social responsibilities includes economic-to produce goods and services, that society needs at the price, that satisfy both-business and consumers, legal responsibility-laws that business must obey, ethical responsibilities-behaviors and activities that are expected of business by society, but are not codified in the law, philanthropic responsibilities-represent the company’s desire to give back to society (charietys, volunteering, sponsoring).

Ethical issues in business arise because of conflicts between an individuals personal moral philosophies and values and values or attitudes of organization in which a person works and a society in which one lives. Ethical issues can be identified in

While unwritten companies policies where explained to the employees, I identi9fied another ethics issue. It said that stocks cannot be sold to the female clients, this is sexual discrimination. Ordinary business sells to every client regardless of his or her gender.

I think all the problems began then our guy started the new carrier as a broker in unknown brokerage firm. The institution there he started his carrier as a stock investment broker had no such thing as business ethics.

The movie “Boiler room” was a good example of the company, which doesn’t believe in such thing as business ethics.

In the beginning of the movie we see our main character “running” a home casino, which is not legal, but it is not such a big ethics issue. I think gambling is just passing time just like other hobbies. Nobody was promoting it or forcing people to come and gamble. Costumers chose to come themselves and had a good time, nobody was complaining. There was the only problem, the establishment was illegal, so the “owner”put himself to risk, and if he will get caught he will go to jail. In my opinion, this part of the movie did not have business ethics issue.

In the ordinary company this behavior wouldn’t be tolerated, it would raise conflict between management and employees. Allthough nobody was talking back to the manager they where all shocked and probably afraid to be faired. The manager was using psychological pressure to keep everybody under control, to avoid unwanted questions. Company was hiring uneducated and inexperienced people, which is very unusual and makes you think, about company’s activities and policies.

Different people h

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