Essay about Shades of Gray (Ethical Behavior)
Question 1: Go back through the case and make a list of each action or practice that could be called a gray area.
The Layering Strategy: This was formulated in the late 1920 as a way to utilize one company’s money to …show more content…
Question 2: Evaluate each of the actions or practices using ethical analysis models other than the questions, “is it legal?”
These companies that participate in unethical practices usually have a very short shelf life. Many companies that knowingly act in such unethical behavior usually have one thing in mind. Make a lot of money quick and move on, many of which are considered fly by night operations and show characteristics of multiple name changes and address, and change of ownership. With today’s technology, we are able to research companies and get great feedback from other customers. With the internet, word of mouth reaches a whole new level. Many ask is it legal. Well technically, yes. That does not mean it makes it right.
According to Dr. Duane C. Tway, Jr., as he published in his 1993 dissertation, A Construct of Trust, trust is, "the state of readiness for unguarded interaction with someone or something." With that said, a company with a high level of cultural trust has to lead by example from the top down. A social relationship that has trust as a