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In: Accounting

In your opinion, when do employers begin to cross the boundary of what is ethical and...

In your opinion, when do employers begin to cross the boundary of what is ethical and what is not? Who do you think has the ownership over that information?

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Expert Solution

Ans: First we need to understand that what is ethical mean actually, Ethical means "Doing the things right" or "Doing the right things in right way". More than anything else ethics is moral responsibility.

Employers begin to cross the boundary of ethics right from the start of their vision selection, if employer selects the vision that they want to be at no.1 by any means, then this is clear indication that employer might be doing unethical things in future to reach at their vision.

Also the moment employer starts thinking to tinkering the numbers to so the better results, they definitely cross the borders of what is ethical or not, because numbers say it all. If an employer is unethical, it can not be ethical to any one including its employees, hence it is a great sign of danger for the society at large.

Ownership of being ethical or not is totally depending upon the company's vision and mission, if a company starts with a wrong or unethical vision then there will be high chances that its employees will also turn into unethical to fulfill the unethical vision and mission of its companies. Hence we can say that it is very important to set the ethics right from the start. A company which focuses to become highest margin companies, in a way is setting unethical ground because you should not exploit the consumer and earn extraordinary margin due to your better placed business conditions and strategies. Earning margin is no doubt very necessary for the business survival but earning extra ordinary margin is unethical towards society at large.


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