BUS 206 5-2 Project-Two
April 1, 2022
Mariah Kiefer
To discuss ethics and how ethics compares to law, Ethics are essentially a combination of
moral values that individuals put in place for themselves as well as their behavior. Laws on the
other hand are organized rules that are used in order to control society as a whole. When dealing
with all kinds of different scenarios, ethics play a part in aiding a person's decision for how they
go about that situation. Ethics also plays a part when it comes to business, business ethics is also
known as, "the study of appropriate business policies and practices regarding potentially
controversial subjects including corporate governance, insider trading, bribery, discrimination,
corporate social responsibility, and fiduciary responsibilities." (Twin, 2021) In most cases law
often leads business ethics or can be seen as a type of recommended way that a business should
follow in order to gain a sense of approval from the public, however, businesses have the right to
choose if they follow these recommendation or not.
To touch a little on corporate social responsibility or CSR for short, CSR takes care
of/manages their organizations image which is the environmental and social aspect of them. CSR
also has a certain amount of contact with the employees/staff and they use that to encourage
them to use what they have for the better and to avoid them from being used for bad. When it
comes to CSR within a company it cannot be forced into place, however, the professional
standards and responsibilities that employees have and must maintain within the company are
considered to be personally and professionally ethical. Shareholders and investors are doing their
best to get companies to not only work towards making a profit but to work on keeping up with
the social aspect that these companies have, with the well-being of the environment and society
in mind as this is what consumers are looking for in a business and are gravitating to when
deciding where to make their purchases.
To talk about Mountain Top View, a small outdoor equipment business. Mountain Top
View ended up having to deal with the situation of their company database being hacked and
with that their customer information had taken a hit from that and the hackers were able to
acquire the names, addresses, and phones numbers of customers that had placed orders online
during the first quarter of the year. The businesses I.T., Steve was the one who discovered that
their database had been hacked and that the hackers had acquired customer information, after
Steve's discovery he was able to make the corrections necessary to fix and secure the databases
code. While Steve fixed the databases code, he made the decision to not tell his higher up that
their database was hacked due to the fact that little information was breeched and that he had
fixed the issue. What he didn't seem to understand it just how important it is that if a breech
happens that th