2. Industrial espionage spying on competitors’ R&D departments withconcealed camera and microphones, bribing their employees, etc… rather thandoing your own expensive research and development. (by Hong)
This is illegal and breaked principles of society. Industrial espionage spying oncompetitor s to become great threats to intellectual property assets of all enterprises.Bribering employee of the company is unethical competition. Industrial espionagespying on a competitor to obtain trade secrets
is dishonest. The information soughtoften refers to the development of new products, innovative manufacturing techniques,commissioned market surveys, forthcoming advertising campaigns, research plans, etc.These things can help your company enter the market segment better than your compettiors. In contrast, we think they will affect your reputation if the societyinvestigates your behaviors.
Selling supposely durable goods with “built-in obsolescence”, i.e. which you know will not last more than a few years.(by Vu)
Before selling this kind of goods, we think that the producer has to know thatthe consumer is at least the can buy a replacement from them. In these cases, there isan information asymmetry between the producer, who knows how long the product tolast, and the consumer, who does not. When a market becomes more competitive, product lifespans tend to increase. Lets inmage what would happen when the consumer will be harmed because of your products. Therefore, although we do not break law weshould consider to consumer.
4. Spening money on lobbying, i.e. trying to persuade politicants to pass laws favourable to your particular industry.(by Dung)
In my pinion, spending money on lobbying is illegal, it do not follow the principles of society. Because this form is not official, it only brings benefits to a fewindividuals but adverse impact to the interests of society. You try to persuade politicansto pass laws favourable to your particular industrial. In contrast, this brings to public.Image of your company in public view is very bad. Nobody wants it happen, so weshould not do it.
5. Telling only a half the truth in advertisements, or exaggerating a great deal, or keeping quiet about the bad aspects of a product.