Reference no: EM131384309 , Length: 2000 Words

Write a paper Business Ethics Comparison to address the unethical business behaviors practiced by Halliburton Oil Company and Trafigura Corporation.

The sanctity of any organization is determined by how the welfare of each and every stakeholder in the firm is treated. This implies that for any company to be successful, it has to ensure that the well-being of every member of the organization is well taken care of and there are no cases of infringement.  Furthermore, the set rules and regulations should not favor one group of individuals over the other. The set standards and policies should include community across all the races, religions and also gender parity should be given consideration. Sound business ethics ensures that the customer has the satisfaction of the product sold in an enterprise and that the staff working for the particular firm are contented of the services they deliver. Business ethics control the overall functioning of the company and dictate whether or not the firm can realize profits or incur losses (Brenkert, & Beauchamp, 2010 p.35). Despite the fact that good ethics promote any business entity, some businesses, however, engage in unethical business activities for their personal gains. This involves either infringing the rights of the staff or taking advantage of their clients just to increase the margin of their sales. Therefore, this paper seeks to address the unethical business behaviors practiced by Halliburton Oil Company and Trafigura Corporation.

Words Limit: 2000