Procter and Gamble

COMMENTARY
7:36 am
Wed July 24, 2013

The Thin Line Between Ethical And Unethical

Ethical or Unethical?
Credit alexmak / fotolia.com

There’s always been a thin line between the definition of a shrewd business policy and an unethical policy.

It’s shrewd business from his perspective if a car salesman doesn’t disclose a problem with the car that he knows exists. Billions of dollars in derivatives were sold: it was a shrewd financial product. Was it unethical that most derivative sellers didn’t explain what customers really were buying? In many cases the sellers didn’t know themselves what they were selling.

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