Ethical and Unethical business Practices

A short description  about what is ethical and unethical.Something which is right and is supported by  the society is an ethical behavior. Unethical is any action that is not supported by the society or it is  disapproved by the society. Let me explain my words by a small video which will show an example of ethical and unethical business. Hope readers have understood about ethical and unethical behavior is . Now coming to my topic a company which is currently the top online business market shareholder i.e non other than Amazon whose founder is worlds richest man Jeff Bezos (Forbes). I would like to highlight the unethical practices by Amazon. 1.TAX EVADING: Tax are the major source of government revenue which is ultimately affecting common people's life. Government collects tax for public welfare like roads,railways,hospitals etc.B But Amazon is evading tax according to Matthew Gardener at the institute on taxation and economic policy,Ama...

Ethical means someone who is honest anf follow good moral standards of their profession. And Unethical means that involves going against social or professional expectations that often used to describe bad behaviour or immortal conduct. Hope you understand the meaning of both the ethical and unethical practices H&M Swedish retailer H&M is one of the world,s most recognisable fast fashion brands. Its the second largest retailer in the world, just trailing behind Inditex (the owner of Zara), and operates in 62 countries. H&M has long been the target of widespread concern about the impact of fast fashion on the environment, and the workers who makes our clothes. H&M claims to be moving towards more sustainable policies, but just how ethical is it?  H&M has pledged to become 100% 'climate postive' by 2040 by using renewable energy and increasing energy efficiency in all its operation. This includes a commitment to making the first two tires o...

Coca-Cola Company As we all know Coca-Cola is the world's largest soft drinks brand. The company is also a major sponsor of the Olympic Games. But what of the company's ethics? Is it in the medal places or is it a corporate also-ran? Profits being The Coca Cola Company’s main incentive, it is forgetting its social responsibility and is behaving unethically. How? well, Coca Cola started its operation in Kala Dera (a large village outside Jaipur, India) in which the primary source of livelihood is agriculture. As the article states that soon after Coca Cola’s operations started, a huge decline in groundwater levels was recorded. Instead of being socially responsible and shutting down its operations in Kala Dera or relocating, the company decided to persuade people into believing that it has become water neural and it also made false claims stating that it recharges the groundwater. In my opinion, The Coca Cola company is being extremely short-sighted in matte...