MKT 100 Lecture Notes - Lecture 4: Insider Trading, Categorical Imperative, Variable Cost
itskiyethangeli and 39956 others unlocked
1
MKT 100 Full Course Notes
Verified Note
1 document
Document Summary
Ethical but illegal: an employee allows children to steal because they know they are financially unstable. Pay under the table, where you do not have the amount paid taxed. Ethical and legal: cutting prices and at the same time increasing it, insider trading, underpaying foreign workers. Unethical and illegal: exploitation of immigrant workers, sweatshops. Unethical but legal: minimum wage that is below standards, firing people for no reason. Example: a big sale for a certain product. So : the most good for the most people is for us to be unethical like all our competitors . As common as: paying bribes, continuing to pollute, firing loyal workers and outsourcing, and, falsely claiming product superiority. The categorical imperative: some behaviors are categorically unethical no matter what the good, the categorical imperative. Example: a student photocopies textbook and sends an email blast to all students offering to sell a photocopy of the text for .