Reference no: EM133176018

Although this week's focus is on international trade and the international monetary system, ethics is woven into every global activity that exists! Ethics is a term that is nebulous and not always easy to define. However, most people know an unethical act when it is presented.

Here are a few cases of unethical behavior.

The CEO of Turing Pharmaceuticals, Martin Shkreli, quickly went from utter obscurity to being the world's most hated chief executive by buying a company that makes a life-saving pharmaceutical and promptly raising the price from $13.50 to $750 per tablet. Most recent update: Shkreli has been arrested, for fraudulent activity unrelated to his price-gouging. Few tears are being shed, even among those who would defend his price-gouging as an unremarkable side-effect of an otherwise-beneficial free market.

Volkswagen was in the news for unethical behavior on a massive scale. Volkswagen's installation of a software "defeat device" in 11 million Volkswagen and Audi diesel vehicles sold worldwide has led to a massive vehicle recall and an admission of guilt that has surprised many. Volkswagen misled the EPA and the CEO was terminated.

Question

Find a case of unethical behavior and explain it to the class. Also, find an international company that you believe behaves ethically.

Please cite your work