5 Extremely Common But

Very Distasteful Unethical

Business Practices

1. Misleading Product Information

2. Unfair Competition
3. Mistreating Employees
4. Manipulating Accounts
5. Bribery
Misleading Product Information

Many companies promote injurious products

with misleading information that can be harmful
to consumers or the environment, purely for the
sake of improving the bottom-line. There is no
dearth of examples of this corrupt practice. From
breakfast cereals to automobiles, all companies
have blatantly tricked the consumers by providing
misleading information.

Unfair Competition
 Defamation of a competitor, misappropriation of
their trade secrets, and trade mark infringement –
all these fall under unfair competition which gives a
wrong impression to the consumers about the
competitor and its products. It is not wrong to use
a competitor’s name in the marketing material, but
it should not deplore the company or its products.

Mistreating Employees
This has become a familiar scenario in small as well as big
companies who make employees work for long hours
and underpay them. Many employees are made to work
under stressful conditions and are subjected to mental
and even sexual harassment.
Manipulating Accounts
Most companies are involved in the cooking of their
books to hoodwink investors, lenders and end-
consumers. They tweak their financial reports to show
inflated profits and lowered depreciation. This makes
investors think that the company is faring well, and
they end up buying more stocks from the share
market.

Bribery
Inducement to influence a business decision is
not uncommon in the corporate world. Offering
something of value or money in return of a
favorable dealing is usually witnessed between
vendors and marketers.