Sears Auto Center Scandal Analysis

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The Bible says in Proverbs 15:27(NIV) that “The greedy bring ruin to their households, but the one who hates bribes will live.” In the same book, Proverbs 29:4(NIV) reads that “By justice a king gives a country stability, but those who are greedy for bribes tear it down.” Yet again, Jesus also warns about greed in Matthew 23:25(NIV) saying “Woe to you, teachers of the law and Pharisees, you hypocrites! You clean the outside of the cup and dish, but inside they are full of greed and self-indulgence.” In simple, I take away from these scriptures that nothing can be gained from greed, which produces a greater lost. Greed was certainly involved in the Sears Auto Centers scandal, yet, was this greed aided by other factors? Well, in Shleifer…show more content…
The shareholders were the customers, the other employees who weren’t involved, Sears’s investors, and their competitors. Although, it seemed like Sears benefited in the short run, their unethical decisions had a huge effect on their long-term image. What is sad about this type of game, of screwed business, is this it played often across industries and economies. The fact is that, completion is at large; people are enticed by their organization’s view and desire of becoming a prominent organization. Everyone want to be wealthy and or at the top, but, some are willing to risk it all, in hopes of gaining it all. Instead of participating in unethical strategies, companies should be backed by government, and employees should be backed by companies to uphold high ethical standards. It is much better to see one person at the head of a scandal, rather than a whole corporation. In the case of Sears Auto Centers, their unfair work practicing and robbery not only affected that sector of Sears, but also their other departments, such as their clothing and appliance departments, as well as their K-Mart stores. For me, this explains why K-Mart and Sears stores have closed its doors since the 1992 uncovering. The fact is that, there is no real gain in breaking ethical
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