Paper

Ethical Issues in Business Today business function has changed
due to unethical or illegal operations. Companies look to invoice
companies to cast sure they be on target with bookkeeping. Although, I
have sight that in the past years company have had their becoming share of
unethical dealings. For example, Enron was a corporation that changed
number or cooked their books to show a company was on target with sales.
fiscal reports are supposed to give trends on gains and losses for a
company. The monetary Accounting Standards Board (FASB), the U. S.
Securities and Exchange Commission (SEC), and the Public political party Accounting
Oversight Boards (PCAOB) are the firms that observe companies financial
record. Then, accountants have two different firms that watch over them to
ensure ethical practices are office daily and they are; The Financial
Accounting Standards Board (FASB) and Accounting Principles (GAAP). These
organizations are there so people can learn much about the standard that
they need to uphold within an accounting department. I believe that the
elasticity of demand or provision is affected by unethical and illegal
operations. Companies today can throw off out all type of false advertisements to
deceive the consumer.



The substance advertisement effect the elasticity of demand
is non being equal to(p) to calculate or measure the meter of demand of a
renovation or goods. The definition of elasticity of demand is: Measures how
responsive the quantity demanded of one good is to changes in the price of
a nonher.(Stone, page 123) So, this gist that when a price is advertise
higher the merchant might not have enough supplies to last through the
sales. Sometime companies advertised a price to beat out the competition
prices. But, they might not have enough of a particular product in
scrutinise to meet the demand. Then, a company is forced to give fall check
or some other arrangement will happen. When consumer overtake a sale they deficiency
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