What is Thermodynamic Equilibrium?
Let us suppose that there are two bodies at different temperatures, one hot and one cold. When these two bodies are brought in physical contact with each other, temperature of…
Ethics and Market System
Various types of market systems affect business and HR ethics differently and hence, business ethics becomes negotiable. Occupations in which the market conditions do not favor the employees, it becomes…
Business Ethics – HRM
Human Resource Management (HRM) deals with work force management, manpower planning and other employee related activities in an organization. Therefore, we can say that it is a special branch of…
Business Ethics – Definition
There are many definitions of business ethics, but the ones given by Andrew Crane and Raymond C. Baumhart are considered the most appropriate ones. According to Crane, "Business ethics is the study of business situations,…
Pricing Ethics
There are various forms of unethical business practices related to pricing the products and services. Bid rigging is a type of fraud in which a commercial contract is promised to one…
Anti-Competitive Practices
There are various methods that are anti-competitive. For example, bait and switch is a type of fraud where customers are "baited" through the advertisements for some products or services that have a low price;…
Deceptive Marketing Policies and Ethics
Deceptive marketing policies are not contained in a specific limit or to one target market, and it can sometimes go unseen by the public. There are numerous methods of deceptive marketing. It…
Delivery Channels
Direct marketing is one of the most controversial methods of advertising channels, especially when the approaches included are unsolicited. Some common examples include TV and Telephonic commercials and the direct…
Ethics in Advertising and Promotion
In the early days of existence of corporations, especially during 1940s and 1950s, tobacco was advertised as a substance that promotes health. Of late, an advertiser who does not meet…
Renewable and Non-Renewable Sources
Energy is one of the most vital needs of the human beings. Apart from the food as energy, we need lots of electricity in our day-to-day life for the applications…
