Whistleblowing
Whistleblowing is the act of going public with significantly immoral or illegal acts of an organization one is part of. However, someone is not a whistle blower for discussing the…
Definition of Thermodynamics
In our day-to-day lives we come across various conversions of energy from one form to the other. For instance in vehicles, the chemical energy of fuel is converted into mechanical…
Obligations to Third Parties
A person is morally obligated to let others know about dangerous and deceptive business practice. However, employees should compare and judge the importance of their job duties and personal interests…
Abuse of Official Position
Using the official position for private or personal gains is often considered as an abuse of power. Such abuse can result from disloyalty. Insider Trading Insider trading occurs when an…
Second Law of Thermodynamics Statement Based on Carnot’s Findings
This is probably the oldest of all the statements, it says, “The natural tendency of the heat is to flow from high temperature reservoir to low temperature reservoir.” It was…
Conflicts of Interest
Employees can have a conflict of interest with the company. Some of these conflicts of interest are minor and include general workplace conditions or situations. However, some other conflicts may…
The Steady-State Approximation
Consider a closed system comprised of two, first-order, irreversible (one-way) elementary reactions with rate constants kl and k2 : This is the analytical expression of the steady-state approximation: the time…
Features of Business Ethics
There are eight major features of business ethics – ● Code of Conduct − Business ethics is actually a form of codes of conduct. It lets us know what to do and…
Heat Falls from Higher to Lower
You must have seen water flowing naturally from high low to low level, if not please go and see the Niagara Falls. Now, what if I had to move water…
Loyalty to the Company
Most people have a viewpoint that employees must have some moral obligations to stay loyal to their organizations. It is true that employees are obligated to do the tasks offered…
