what is ethical and unethical?Something which is right and is supported by the society is an ethical behavior. Unethical is any action that is not supported by the society or it is disapproved by the society.
Let me explain my view by a small video which will show an example of ethical and unethical business.
In recent news it was stated by CAIT(confederation of all India Traders) that several FDI(foreign direct investment) backed E-commerce companies prominently Amazon who is blatantly and openly violating the press note no. of 2018 of FDI policy.The unfair competition is quite bad for our countries small traders and players which will hamper the growth of our whole nation.
Let me explain my view by a small video which will show an example of ethical and unethical business.
Hope my dear readers have understood about what ethical and unethical behavior is .
Now coming to my main issue a company which is currently the top online business market shareholder i.e
non other than Amazon whose founder is worlds richest man Jeff Bezos (Forbes).
I would like to highlight the unethical practices by Amazon.
1.TAX EVADING:
Tax are the major source of government revenue which is ultimately affecting common people's life.
Government collects tax for public welfare like roads,railways,hospitals etc.B
But Amazon is evading tax according to Matthew Gardener at the institute on taxation and economic policy,Amazon paid no federal tax on $5.6 billion in US profits.
2.Employees and Workers Dissatisfaction:
After researching a lot about Amazon I decry and lament that employees working in the company are facing high stress, as work follows a lot of load which is ultimately carried by employees.
What about workers?
Many workers reported new mental health issues or a decrease in mental health since they began working there . This is about workers .Next time they would not apply for to work in Amazon some said. Its due to basic need that they have to fulfill that's why they are tolerating such condition.
Don't you think they should be valued because the success of Amazon is also due to employees and workers.
Even workers working in some of the most unethical work environments.
Workers are feared of loosing their jobs and they are peeing in bottles in order to ensure that they are not wasting their time.
The above stated points are just a glimpse.
What about INDIA 👀👀
Our country is a developing country and Amazon is flouting the foreign Investment rules.
In recent news it was stated by CAIT(confederation of all India Traders) that several FDI(foreign direct investment) backed E-commerce companies prominently Amazon who is blatantly and openly violating the press note no. of 2018 of FDI policy.The unfair competition is quite bad for our countries small traders and players which will hamper the growth of our whole nation.
Thats all my view that I am having after gathering information from newspaers and various others websites.
So what do you think about Amazon after reading this.
Share your views and doubts regarding this issue so that I can know.I will be glad helping you out.
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Well that was quite helpful.
ReplyDeleteThanks👍👍
I am glad to cognize that it was helpful for you😇😇
DeleteFound it very helpful and was "to-the-point " description...
ReplyDeleteThank you🤠
DeleteThat was a smart point to point description...... found it helpful 👍👍
ReplyDeleteI will be bringing this type of content in future also....
DeleteThank you
I will be grateful in answering to your questions....
ReplyDeleteSo any question please ask.
Can you tell some points through which Amazon's business practice can be changed ?
ReplyDeleteAccording to my view.. 1.The workers working environment must be improved .
Delete2.fair wages.
3.Tax evasion should not be done.
4.Employees must be provided with more perks and benefits.
The article is amazing it clearly gives the raw outlook of Amazon and it's unethical practices that are kept hidden from a commoner .
ReplyDeleteNice content with a very easy language and simplicity.
I hope from the writer to keep bringing the informative content in the future.
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Thank you for your motivating words😇
DeleteNice points. It is very useful.
ReplyDeleteThank you
DeleteYes, you mentioned good points
ReplyDeleteHow is it affecting us as a customer ?
ReplyDeleteAmazon is doing business in India and other countries also.As mentioned in my blog Amazon is evading tax which is main source of govt. revenue.If govt. will not get revenue then how it will do investment in public welfare. So ultimately we consumers(public) will be affected.
DeleteMy second view point is that if emplyees will be facing such distress then they can become frustrated and hence if any kind of problem related to delivery of products arises.Their response will be in a strong decry manner.
Very informative 👍👍
ReplyDeleteGood job. Keep it up
ReplyDelete👌👌👌👌
ReplyDeleteThank you🤠
DeleteAmazing blog . Found it very informative and useful..
ReplyDeleteIt just gives a blueprint of Amazon........i think this will help people to know more about amazon and more over to grow further.
Thanks for mentioning such useful and helpful information in this blog .
I will try to bring such type of content in future also...
DeleteThank you
Got to know about the different side of Amazon
ReplyDeleteIn my opinion i beleive amazon is ethical but after going through this blog i'm seriously starting to doubt that and the light that you shed on CAIT was very helpful aswell,keep up the goodwork
ReplyDeleteGood job👌👍👏
ReplyDeleteNicely presented.
ReplyDeleteGood Job !
ReplyDeleteVery great blog , keep up the good work!!
ReplyDeleteFound it very helpful...Great work
ReplyDelete