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SNSs are also identified as medium assisting people and businesses in creating, exchanging as well as sharing information in an effective manner. The increased use of SNSs has raised the issue of business ethics in the present scenario owing to different implications that SNSs pose towards culture, society and politics, which seems to influence behaviour as well as opinions of people especially of children in tremendous manner. In this regard, businesses adopts different business ethics or ‘corporate social responsibility’ (CSR) policy with the aim of ensuring that privacy and identity of individuals are protected. Additionally, business ethics are adopted with the aim of minimising cybercrime, scams and gambling, which might adversely affect the attitudes of children (Guffey & Loewy, 2013; Jurisova, 2013).
In the present business scenario, business ethics play an effective role in ensuring that business operations are conducted in a socially responsible manner. Business ethics are standards along with principles adopted with the intention of ensuring that business operations are performed in adherence with acceptable conducts. Business organisations use SNSs as an effective medium of communicating with customers and other stakeholders successfully. Businesses are identified to adopt stockholders theories in seeking that resources are used with better social responsibility in order to accomplish desired business profitability successfully (Smith & et. al., 2011; Fernanda, 2009). Businesses with the assistance of SNSs are facilitated in conducting business operations with better profit maximization objectives. Businesses are recognised to adopt SNSs with the intention of conducting advertising as well as sales operations in worldwide market segments for obtaining large customer base and supporting their profit earning capabilities. Currently, children are recognised to use to SNSs in an immense manner for gaming, communication and making online friends.
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Firms are trying to outpace each other using a mix of different strategies and varying products to understand the needs of the consumers and deliver them accordingly. Firms are essentially trying out various strategies in order to not only attract new consumers but to also retain the existing ones.
One of the major requirements for this is to be competitive not only of the marketing products and strategies but also on the quality and responsiveness of our supermarkets’ rendered services to our customers which must be with a touch of world class standards.
The Internet is fundamentally viewed as a strong network of different interlinked computer networking, which is broadly available to the users or the general public. Moreover, it is also regarded as a global network that connects a large number of computers and plays a decisive role in exchanging valuable opinions and facts.
In relation to the present fiercely competitive scenario of the international business environment, it has been apparently observed that the organisations seek to develop or restructure their business strategies in order to protect their operations from facing various types of potential ethical constraints.
On www.business-ethics.com one can read about the most noble and socially oriented businesses, which support and accelerate the development of multicultural nation. Not surprisingly, the leader of 2004 rating is Fanny Mae, as "this firm is dedicated to "the American Dream business," helping Americans become home owners -- the reason for its unique chartering by Congress.
Information on any subject can be found on the Internet. Have a cold? Search the Net for a remedy. Need some medication? Order it over the Internet. Need a doctor? Use the resources οf the Internet to find a local doctor, check his or her credentials and so on.
a premium on the welfare of consumers, the FTC has put forth two noteworthy doctrines, namely, deception and unfairness, which intend to give protection to consumers against unscrupulous marketing activities. Throughout the history of these two doctrines on internet ethics, the
t of what is accepted within the business community as far as ethical practices and honesty, as a whole, then bluffing is certainly an acceptable tactic. In the normal course of life in the areas of political diplomacy, business, and even gambling, people all employ bluffing on