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Everyone knows what is ethical behavior. Right?
Wisconsin businesses export nearly 15 percent of the goods they produce. This makes the Wisconsin economy one of largest exporters in the country. Our local businesses are continually expanding, requiring them to deal with more people from different cultures and values from all over the globe. Dealing with such a diverse group means that determining what people definition of right and wrong becomes more difficult.
Recently the worlds largest auto maker Toyota has become embroiled in a massive recall controversy. How ethical or unethical Toyota conduced itself relating to this situation is still being investigated. Other businesses in recent history, like Enron, Arthur Anderson and World com have acted unethically causing significant damage to the public trust as well as public's financial and economic condition. These are some of the reasons why the topic of business ethics is so important and relevant.
