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      <title>Yr10 Business Ethics  by Alex</title>
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      <description>Made with joy</description>
      <language>en-us</language>
      <pubDate>2017-02-16 03:26:41 UTC</pubDate>
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         <author>sadowsky91</author>
         <link>https://padlet.com/sadowsky91/tw58w2d1cdum/wish/154214219</link>
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         <pubDate>2017-02-16 03:27:33 UTC</pubDate>
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         <title>Indicators of Poor Ethics</title>
         <author>sadowsky91</author>
         <link>https://padlet.com/sadowsky91/tw58w2d1cdum/wish/154489965</link>
         <description><![CDATA[<div><br><strong>Abuse of Workers</strong></div><div>Where a business does not provide its workers with reasonable working conditions, so that work can cause serious discomfort and even injury.</div><div><br></div><div>A common example is sweatshops where workers are worked unreasonable hours and are required to do repetitive tasks that can lead to stress injuries. <br><br></div><div>Another example is in India, where some government workers are instructed to undertake manual sewage and removal of human waste by hand. <br><br></div><div><strong>Bribery</strong><br>Where businesses or governments offer a monetary or legal bribe to ensure something is done the way they want it to be.<br><br></div><div><strong>Negative<br>Externalities</strong></div><div>Where the economic process of a business providing a good or service to a consumer negatively affects a third party.<br><br></div><div>Example 1: A pet shop is trying to provide its customers with pets, but the noise of the barking dogs disrupts the sleep of the neighbours.<br><br></div><div>Example 2: A water company tries to provide its customers with water. However, the company uses so much water that villages downstream lose their access to the water.<br><br></div><div><strong>Minimum Wages</strong></div><div>The lowest wage payable as determined by law. This is generally in a bid to prevent people being underpaid for their work and exploited.<br><br></div><div>Some businesses will move their production to countries where the<br>minimum wage is lower, or non-existent. Such as, Indonesia, Bangladesh, China.<br><br></div><div><strong>Unintended<br>Consequences</strong></div><div>Where the actions of a business produce results that were not planned or<br><br></div><div>foreseen.  These can often be of negative effect and are related to<br>negative externalities.<br><br></div><div>A recent example is the BP oil spill in the Gulf of Mexico. BP controlled an<br>oilrig in the middle of the Gulf of Mexico that unexpectedly exploded and<br>leaked oil over the Louisiana coastline.</div><div><del><br><br></del><br></div>]]></description>
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         <pubDate>2017-02-16 23:49:05 UTC</pubDate>
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         <title></title>
         <author>sadowsky91</author>
         <link>https://padlet.com/sadowsky91/tw58w2d1cdum/wish/154495428</link>
         <description><![CDATA[]]></description>
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         <pubDate>2017-02-17 00:42:15 UTC</pubDate>
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         <title>Business Ethics</title>
         <author>sadowsky91</author>
         <link>https://padlet.com/sadowsky91/tw58w2d1cdum/wish/154495877</link>
         <description><![CDATA[<div><br>Business Ethics refers to the behaviour of businesses. Ethical behaviour is generally considered to be behaviour that is socially responsible, that is, it doesn't cause harm to wider society. Not all business act in this way, and such behaviour is considered unethical. Ethical behaviour is obviously, quite subjective, and many people have different ideas about what is ethical and what is unethical.</div>]]></description>
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         <pubDate>2017-02-17 00:45:41 UTC</pubDate>
         <guid>https://padlet.com/sadowsky91/tw58w2d1cdum/wish/154495877</guid>
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         <title>Ethics Concepts</title>
         <author>sadowsky91</author>
         <link>https://padlet.com/sadowsky91/tw58w2d1cdum/wish/154496203</link>
         <description><![CDATA[<div><br><strong>Profits</strong></div><div>The money that a business makes minus what<br>it spends to operate.&nbsp;<br><br></div><div>It is said profit is the greatest<br>motivating factor for businesses in a free market.<br><br></div><div><strong>Ethical Behaviour</strong></div><div>Where businesses do what is morally ‘good’<br>or ‘right’. Typically involving action that avoids harm to people or the environment.&nbsp;<br><br></div><div>Ethical behaviour CAN be profitable behaviour where consumers demand a business act ethically.<br><br></div><div><strong>Charity</strong><br>The act of providing disadvantaged people</div><div>with help, money, food, water, etc. for free. Charity can be conducted by a<br>business, or businesses can be set up for the sole purpose of being charitable.<br><br></div><div>Charity is generally considered ethical<br>behaviour, and businesses will conduct acts of charity to improve their image –<br>competitive advantage.</div>]]></description>
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         <pubDate>2017-02-17 00:48:04 UTC</pubDate>
         <guid>https://padlet.com/sadowsky91/tw58w2d1cdum/wish/154496203</guid>
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