Major social and behavioral criticisms of business

| April 2010 Posted in Business |

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Businesses have a huge amount of power to change society. They can convince people to buy a certain product or to shop somewhere else. The criticisms occur after people have followed the guidance of these self-serving corporations and as a result found dissatisfaction. Companies also find critics from those that they employee. Employees find dissatisfaction in a company that does not keep its promises and fails to meet the employee’s needs. Some things never change.

Social and Behavioral Criticisms

Payscale
Lack of ethics
Accounting Scandals
Lazy CEOs
Bailouts
CEO Payouts
Glass Ceiling
Job Security
Outsourcing
Traffic congestion
Public safety
Heath insurance benefits
Illegal workers
Pollution
Bad working conditions
Bad customer service

Business’s General Response

It starts with the “spokesperson”. Every company has a couple, the persons that are paid to stand in front of the news cameras and say stuff like, ‘this incident is unacceptable, we have reprimanded the individual, and we are changing our policies to ensure this never happens again.’ Never an apology, don’t want to risk looking weak and insecure. Often there is the removal of an executive, but not before some negotiation of how much they will get to leave and stay quite. The blanket statements like ‘we have to outsource in order to stay in business’. In today’s market no one has job security, not even a tenured professor. It seems like retirement is no longer an option, as employees get older companies find ways to get rid of them saving themselves a few dollars. Trying to show environmental concern by announcing a more energy efficient and “greener” business plan.