BUSINESS ETHICS

Hello Everyone! I am sharing my views on the topic related to the ethical issues in finance or accounting. Ethics- The discipline dealing with what is good and bad and with moral duty and obligation. General ethical norms include truthfulness, honesty, integrity,respect for others, fairness and justice.They relate to all aspects of life, including business and finance. Financial ethics,is therefore,a part of general ethics. The ethical dilemmas that accountants sometimes face include conflicts of interest, illegal or fraud lent activities and manipulation of financial statements. AN  EXAMPLE  OF  INFOSYS COMPANY:- "Ethical employees' of Infosys discover accounting irregularities, seek action." These employees accuse the CEO and CFO of the company of dressing up the accounts statements to make the company's performance look good. "Ethical employees", a group of anonymous Infosys employees, has accused the information technology  compan...

Hello Everyone! I Khuwaish , student of  Lovely Professional University sharing my views on my first blog related to the ethical and unethical  issues in marketing. Nowadays, marketing has become the most significant thing that influences people's lives. It affects their decisions, their desires and eventually their lifestyles. From day to day , customers are demanding more and more, and the world of business is rapidly changing. Marketing ethics have never been important to marketers and consumers.   Marketing ethics  Ethics is generally termed as moral principles behind every single action. It is always concerned with what is really right or wrong. Therefore, ethics in marketing means applying all possible standards of fairness, honesty,responsibility and respect. However, the line between what is considered ethically right and ethically wrong in marketing ethics is quite fine and very differs which depends on industry, nationality and culture. ...