COMM 101 105 UBC – Wong, Yen Fung

UBC Blog – Insights on the Business World

Pertaining to Ganasan Ponjani’s Post on Business Ethics: Steroids in Baseball

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Blog Link: Business Ethics: Steroids in Baseball – Ganasan Ponjani

It is common sight for steroids to be utilized by sports players nowadays to boost their performance. This relates closely to ethics, as seen from an business perspective.

As highlighted in Ganasan’s post, steroids does make the game more interesting and exciting through the record-breaking efforts of athletes. People also enjoy such games as it would be  more entertaining than previous ones. However, the ethical parts come into play when players adopt steroids as a form of performance enhancer. Games could be fixed, resulting in monetary issues arising. This tarnishes the sport’s image as compared with other sports around, reducing its viewership potentially.

Ethical behavior is of utmost importance for both baseball and business. Without it, businesses would not be able to maintain its credibility, thus eventually leading to bad business performance. Businesses should be ethical, as seen in the context of baseball.

Forms of ethical behavior in business includes

  1. Financial Ethics
  2. Marketing Ethics
  3. Production Ethics
  4. Environmental Ethics
  5. Intellectual Property
Businesses around the world should obey the above ethics in one form or another. Big companies can also come up with full fledged Corporate Social Responsibility (CSR) plans to exercise their business ethics to every extent of their business.
Picture Source: Business Ethics Cartoon, Steroids and Baseball

Written by Wong, Yen Fung

November 24th, 2011 at 1:05 am

Posted in COMM 101 105

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