Ethics is defined as the moral principles that govern a person’s behavior or conducting an activity that does so. Business ethics however, is the study of proper business policies and practices regarding potentially controversial issues such as corporate governance, insider trading and bribery. This type of ethics is often guided by the law which does not make the two one in the same. Business ethics does not place the burden of ethics on the type of business it conducts rather than the illegal activities that a person or corporation might become involved with. Virtual Child Pornography is an example of this because it is a legal good, which might not be accepted by the public but does not present anything particularly criminal.
If I am offered the job of CEO of a company that distributes Virtual Child Pornography, I will accept the job because of two main reasons. One, it is a legal business and does not violate any rules or regulations, and secondly because the business will generate profit and push the company ahead in the right direction in its market. A strategy that I found that could be implemented that would work in favor of this kind of business is short-run profit maximization. With this strategy, the company should look to seek short term maximization of profits even if it means there would be negative long term effects. These long term effects that would be dropped on the company would include judgment from the general public, loss of sales/business and even my own moral character. In the short term however, business would be as usual or even increase. This could happen due to increased advertising and other marketing techniques that would generate more business and potentially attract new subscribers and viewers.
Another reason to stay in this position as CEO is to push the company to the top of its market and competition and create a monopoly. There is reason to believe that there cannot be many companies that compete in the market of...
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