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Business and Finance

Crimes that Harm Business versus Crimes committed by Business

A corporation involved in crimes such as bribing, environmental destruction is much worse than the one with individuals committing crimes that harm the business. A corporation is a big entity with much power in comparison to an individual whom possess little energy that might result in a quick collapse of the company. In instances where the company is involved in bad business dealings, most of its resources are channeled to the wrong directions thus contrasting to the original purposes of starting the company. For example, if a company is engaged in logging of the forestry, then it shall harm the environment hugely leading to more significant loss after the Ozone layer is destroyed. The impact will hit hard since the cutting of the trees is in large quantities hence creating deserts.

On the other hand, in case of an individual committing crimes to a business such as fraud, this is the minor case and can be curbed quickly since there are laws set in place for such individuals. An individual involved in crimes in a business entity is likely to engage in petty vices such as thievery of smaller amounts of money since it is an individual move. This is contrary to a situation whereby the company in collaboration with all employees engage in a lousy deal.

Conclusively, both crimes are a threat to the society, but one carried by the Corporation is more intense since morally upright persons are attracted quickly by an organization that outrightly deals with such vices. One is probably going to practice something they learn from the big group such as in their places of work quickly than where vices are done at individual levels. It is the duty of the management into seeing good dealings is the core message relayed to the employees. Failure to relay good dealings results to a moral decadence of the society in general.

References

Jeffrey F. Beatty, S. S. (2012). Cengage Advantage Books: Introduction to Business Law. Economics, 672.

Jeffrey F. Beatty, S. S. (2018). Essentials of Business Law. Business & Economics, 1312.

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