Reference no: EM132865047

Strategic Management DISCUSSION BOARD WEEK 10-BUSINESS ETHICS

Over the past several years, we have experienced a growing number of significant ethical breaches by major companies both in the U.S. and in other countries. A few examples include Wells Fargo (setting up accounts for their clients without their authorization); General Motors (hiding the problem of bad ignition switches on millions or cars for about ten years); Volkswagen (cheating on emission tests to meet government standards); Takata (putting known defective airbags in millions of vehicles); Uber (paying one of their I.T. employees not to report a data breach that affected millions of customer records); Kobe Steel (falsified inspection records for several years on aluminum and steel that did not meet required specifications, and shipped it to many customers); and Chrysler (falsifying auto sales records to show growth in sales that did not exist).

SELECT ONE of these cases and analyze it to determine some of the primary reasons why this unethical behavior occurred. Based on your analysis of the reasons, make some recommendations regarding what can be done to reduce the frequency and severity of these types of ethical breaches in the future. Look at Corporate Governance, CEO reward systems, Legal Systems, and Consumer behavior for possible areas of change.