Skip to main content
Library homepage
 

Text Color

Text Size

 

Margin Size

 

Font Type

Enable Dyslexic Font
Business LibreTexts

9: Professions under the Microscope

( \newcommand{\kernel}{\mathrm{null}\,}\)

  • 9.0: Introduction
    This chapter explores the ethical challenges in industries such as entrepreneurship, social media and advertising, and insurance and healthcare. It discusses how these fields influence society and attract scrutiny due to their roles. The chapter poses questions about entrepreneurship's true potential, advertising's honesty and impact, insurance's role amid natural disasters, and healthcare's accessibility and affordability.
  • 9.1: Entrepreneurship and Start-Up Culture
    This page discusses the ethical challenges, risks, and dynamics of entrepreneurial start-ups, emphasizing the role of founders in shaping company culture. Entrepreneurs face high failure rates, with studies indicating that many venture-backed startups do not succeed. The potential for ethical failures, such as hubris and toxicity, in company culture is highlighted using Uber's early history as an example.
  • 9.2: The Influence of Advertising
    The section explores the evolution and ethical considerations of advertising, emphasizing the role of social media in transforming consumer engagement and advertising strategies. It examines how marketing can persuade consumers to make unnecessary purchases and raises ethical concerns about the power of advertising and subliminal messaging.
  • 9.3: The Insurance Industry
    The document outlines learning objectives related to the insurance industry, including its ethical considerations, government involvement in offering insurance, and issues regarding disaster insurance and redlining. It traces the history of insurance from the seventeenth century and discusses the ethical dilemma of balancing profit with fair claims coverage.
  • 9.4: Ethical Issues in the Provision of Health Care
    The page discusses the ethical and economic challenges of the U.S. health care system, characterized by its multi-payer private model, contrasted with single-payer systems of other developed nations. It details how multipayer systems implicate issues of accessibility and cost, exacerbated by high prescription drug prices. The Affordable Care Act (ACA) represents a significant reform attempt, facing political and ethical scrutiny.
  • 9.5: Summary
    This page discusses various ethical and practical issues across different sectors. It highlights the challenges and success rates of start-up entrepreneurship, emphasizing the importance of ethical leadership. The power of advertising, particularly on digital platforms, raises ethical concerns about consumer manipulation. In the insurance industry, there's a need for public-private partnerships to manage risks like natural disasters. The U.S.


This page titled 9: Professions under the Microscope is shared under a CC BY 4.0 license and was authored, remixed, and/or curated by OpenStax via source content that was edited to the style and standards of the LibreTexts platform.

  • Was this article helpful?

Support Center

How can we help?