If this is a question from the Introduction to Business workbook then in the textbook it says, "Unethical business practices (aren't only ILLEGAL) but also are bad for business." I'm guessing it includes all of them since it doesn't say most, some, a few, etc.
Illegal behaviors in business refer to actions that violate laws or regulations, such as fraud or embezzlement, while unethical behaviors encompass actions that may not be illegal but are morally questionable, such as misleading advertising or exploitation of workers. Although not all unethical behaviors are illegal, illegal actions are inherently unethical as they disregard legal standards. Both types of behavior can harm a company's reputation, lead to financial penalties, and erode trust among stakeholders. Ultimately, fostering an ethical culture can help prevent both illegal and unethical practices in business.
If deep down in your soul, you know that what you are doing is wrong, its probably unethical. On the other hand something unethical in business is ethical in life and you may have no regret at all.
All categories of business and industry are covered by OSHA standards, except for sole proprietorships.
An example of unethical advertising is when the advertising contains lies. A lie or falsehood is the foundation of all unethical advertising.
The term for conducting oneself ethically and within the law of business practices is "business ethics." This involves adhering to moral principles and legal guidelines in all aspects of business operations.
Two practices used to develop monopolies are controlling all the steps in a business process and driving out all of the competitors.
No, it is not acceptable to engage in illegal or unethical actions to maintain a company's image. Such behavior can lead to severe consequences, including legal repercussions, loss of trust, and damage to the company's reputation in the long run. Upholding ethical standards and transparency is essential for sustainable business practices and maintaining stakeholder confidence. Ultimately, compromising integrity for image can be detrimental to both the organization and its employees.
All advertising is unethical. They manipulate you into thinking you need to buy something when you don't.
An unethical act refers to behavior that goes against moral principles or values, while an illegal act is a violation of laws established by the government. Not all unethical behaviors are necessarily illegal, and not all illegal acts are necessarily considered unethical.
not at all
Unethical behaviour is a very large subject which encompasses everything from mass murder to littering on the sidewalk. In many cases, the unethical behaviour of others is not really your business and you should ignore it. In other cases, it is appropriate for you to respond in some manner, which might be to express your disapproval, or to report criminal acts to the police, or to try to stop someone from doing something terrible. There are too many different kinds of unethical behaviour to present any single strategy that applies to all of them.
The Wikipedia article on Starbucks lists a section on "Controversies". Note that not all controversies are about Starbucks being unethical. I won't go into all the details here, but some of the things they have been accused of is of selling unhealthy products, unethical market strategies, and others. I leave it to you to research the details, and decide whether they actually did something unethical.