Ethical Issues In Waste Management
Waste Management Inc
Is a company that is try to achieve a “zero waste’ in North America. It was founded in 1971 by Wayne Huizenga and Dean Buntrock. They provide services for:
• Waste
• Recyclables
• Yard debris
• Hazardous materials collection,
• Hauling, treatment and disposal
• Dumpster rental
• Portable toilet rental
• Security services
It is one of the largest in their industry and they are always coming up with new solutions to waste problems that are faced by their customers. This helps them maintain their position as a leading service provider in their industry and also helps work towards their goal of “zero waste.”
Not only do they assist with collection of solid waste but they are also generating energy from the waste they collect.
…show more content…
has experience two major unethical cases:
1. Anti-Trust Allegation (1987)
2. Accounting Improprieties (1998)
Anti-trust Allegations (1987)
Waste Management is said to have conspired with other waste hauling companies to allocate customers in two Florida counties. This is unethical because it is against the anti-trust law which is developed but the US government. It is there to protect consumers from predatory business practices by ensuring that fair competition exists in an open-market economy.
How is breaking the Anti-trust law unethical?
The law is designed to create a free market foundation to create a table economy. If companies allocate customers it eradicates competition which may have a negative impact on quality of the service provider. Allocation of customers also takes away the customers right to chose, because the service provider has chosen you one is n longer entitled to their preference. An open market also gives the customer to get the service at a cheaper price due to presence of competitiveness that is initiated by their right to chose.
How to ethically approach the Anti-trust law?
The ethical way to attract customers is by following the correct competition laws designed by the
…show more content…
The false accounting records were unethical because it means management was enriching themselves. They were getting earnings based on the false availability of funds. They also did this to keep their jobs. When a company is not performing financially well the top positions are the ones usually at risk of being retrenched, as a result of implying the company was financially stable they were protecting their jobs.
False accounting also results in duping investors that trust the financial records of the company. Leading people to invest in them based on false success. Accounting transparency is vital for the success of any organization. It is important for the investors, the customers and the bettering of the
A1 Steak Sauce: Lawry's Defense
1559 Words | 7 PagesSteak Sauce: Lawry's Defense Overview: The steak sauce market is a $300 million-dollar industry and had continuously expanding its revenue its dollar sales in the recent years by keeping the unit and volume sales flat and increasing the selling price. The brand loyalty in steak sauce is extremely high because beef consumption, the primary reason for steak sauce, has thrived over the years. The most popular steak sauce belongs to A1. A1 Steak Sauce was created in 1830 by Henderson William Brand, chef for King George of England.
The Sherman Anti-Trust Law: The Maricopa County Medical Society Case
524 Words | 3 PagesThe Sherman Anti-trust Law was enacted in order to impose regulations on the booming industrial companies of the late 1800’s. It was very easy at the time for people of the same profession to band together or merge companies to create situations in which they could all maximize profit to the detriment of the average consumer. The Sherman law made conspiracies, monopolies and contracts illegal. One such contract is known as a trust, such as the one represented by the Maricopa County Medical Society. The Medical Society consists of over 70 percent of the doctor in our county and they decided that it would not be in violation of anti-trust laws to fix a price-ceiling.
Phoebe Putney Case
953 Words | 4 PagesThe main purpose of US antitrust laws is to safeguard competitive business strategies to ensure that consumers do not experience undeserving high prices and low-quality products. These laws aim to impose incentives for businesses that function to maintain an equal price/quality ratio. There are three US antitrust laws: the Sherman Act, the FTC Act, and the Clayton Act. This particular case involves the FTC Act. Federal Trade Commission Act.
Ggb 515 Task 1
789 Words | 4 PagesFiscal transparency is a critical element in today’s public financial management system. Transparency also provides a window into government budgets for citizens, helping to hold their leadership accountable. Transparency and honesty in government finance are so integral, in 1982 the U.S. Government established the Federal Managers Financial Integrity Act (FMFIA). An Act to amend the Accounting and Auditing Act of 1950 to require ongoing evaluations and reports of the adequacy of the systems of internal
Sherman Anti Trust Act By Harold Evans
1025 Words | 5 PagesAs explained by Evans, monopolies were first established under European feudalism, where lords would grant the exclusive legal right to use or produce certain goods as a means of garnering loyalty, revenue, and commercial control from their subjects (Evans, pg. 62). Evans compares this practice, eventually outlawed in England due to abuse and the collective recognition that such practices not in the common interest (Evans, pg. 63). Evans uses this historical precursor to trusts to reveal the similarly negative both government- and market-based monopolies share towards competition, and by extension, the public good, echoing Section 2 of the Sherman Anti-Trust Act
Federal Statue That Stimulate The Competition In The Market
624 Words | 3 PagesAlso, they need to be careful from not enforcing the client from buying goods that they do not want. It must not restrict to whom the consumer will sell these products. Businesses must be very careful with price discrimination, from lowering their prices really low to drive competitors out of the market, and trying to control the final price for retail stores (181-185). The second obligation is that a business should not advertise false statements, not sell goods for original price if it indicated that the item is on special or reduced price, and not lie to consumers about the performance of a product
Ethical Issues In Fun With Dick And Jane
1101 Words | 5 Pagesanother ethics issue involving McCallister and Frank Bascombe was when they had Dick promoted and then have him take the fall for them on national television this was unethical because it made an employee who was otherwise a very competent man turn into a scapegoat for the misdeeds of the executive officers and tarnished his reputation within the job market. The next ethics issue involving McCallister and Frank Bascombe was the bribery of Frank by Jack to keep quiet about the falsification or the balance sheets in exchange for 10million dollars. There are two sides to this unethical issue the first being that fact that Jack is doing everything to cover all the possibilities of being caught. Then next part of was that fact that Frank took the bribe knowing that he was hurting all of those people and doing it for his own personal
Sherman Antitrust Act Essay
733 Words | 3 PagesThe old Sherman Antitrust Act would have its legacy still applied on nowadays economy. First of all, the concepts trust
Income Smoothing Case Study
1491 Words | 6 PagesAnother pressure presented in this case for Cendant Corporation was that for the top management once again. The top management needed to have their financial information seem profitable, therefore pressured the accountant of the company to falsify and “cook the books” to make the financial statements seem actually “profitable” when it wasn’t what It really was. As said in the previous question, income smoothing was used in this case by Cendant Corporation as an unethical practice to make the investors believe that their shares were all bright
Swot Analysis Of Centrica Plcis
852 Words | 4 PagesThey do service with it by providing energy services and installation business with the peace of mind with boiler, heating, cooling maintenance and breakdown cover products. Lastly they offer saving option to the customers by offering innovative low carbon products, energy efficient products and service to the customer to help them to control energy usage, vulnerable and fair transparent
Publix Swot Analysis Paper
833 Words | 4 PagesThe company segments its market on base of demographics, geographic and behavioral. • Exclusive high quality and green products sold by the company • Exceptional customer service offered by the employees at all the
The Pros And Cons Of Deceptive Advertising
1095 Words | 5 PagesEthical issues concern in marketing has always been noted in marketing practice. According to Baker and Hart (2008), ethics itself has a profound, varied and rich past. It emphasizes on questions of right and wrong or good and bad. In this essay, it addresses the issues about how marketers should evade deceptive advertising as well as unethical pricing. Deceptive Advertising Deceptive advertising is known as false advertising.
Ethics And Moral Issues In The Enron Scandal
931 Words | 4 Pages(Johnson , 2014 ) In this case , it shows that under normal circumstances the management level of a company or corporation will choose to hide the truth over honesty and integrity .In other way , profitability has override the important of ethics in the corporation .
Apple Business Ethics Case Study
1848 Words | 8 Pages• “Side Deals or Side Letters” : Every piece of business dealt by Apple must be in clear written form and should not be altered by means of mouth or writing after the day it goes into effect. Then aside from these specific laws, Apple’s Business Conduct also has sections detailing basic borders for legal behavior, like a section prohibiting corruption practices like “Money Laundering”. “Governments as Customers” In addition to their dedication to the customers as a stakeholder, Apple’s Business Conduct has an entire section dedicated to clarifying the ways in which business should be conducted between Apple and the governments and how to stay ethical in such transactions. • “Governments as Customers”: Before bidding for government business,
Literature Review On Unethical Behavior
2877 Words | 12 PagesReview of Literature Unethical behavior can tarnish a company’s image and reputation. If a company is unethical, they may have to spend additional money to improve their public image, as well as gain back as many customers as possible. The reason I have chosen to use articles that are quite a few years old and that are not so recent is because I feel that they are very good examples of what I am trying to prove in the terms of ethical behaviour within companies and these specific articles relate well to my chosen topic.
More about Ethical Issues In Waste Management
A1 Steak Sauce: Lawry's Defense
1559 Words | 7 PagesThe Sherman Anti-Trust Law: The Maricopa County Medical Society Case
524 Words | 3 PagesPhoebe Putney Case
953 Words | 4 PagesGgb 515 Task 1
789 Words | 4 PagesSherman Anti Trust Act By Harold Evans
1025 Words | 5 PagesFederal Statue That Stimulate The Competition In The Market
624 Words | 3 PagesEthical Issues In Fun With Dick And Jane
1101 Words | 5 PagesSherman Antitrust Act Essay
733 Words | 3 PagesIncome Smoothing Case Study
1491 Words | 6 PagesSwot Analysis Of Centrica Plcis
852 Words | 4 PagesPublix Swot Analysis Paper
833 Words | 4 PagesThe Pros And Cons Of Deceptive Advertising
1095 Words | 5 PagesEthics And Moral Issues In The Enron Scandal
931 Words | 4 PagesApple Business Ethics Case Study
1848 Words | 8 PagesLiterature Review On Unethical Behavior
2877 Words | 12 Pages