Provide a written paper based primarily around business ethics and the ethical nature of nepotism and cronyism in the workplace. You should discuss the negatives effects associated with nepotism and how it affects workplace culture, while providing personal experience(s). Also discuss nepotism and some positive effects, with its potential to fill vacancies within the company easily, and its ability to increase loyalty and reduce employee turnover.

Make sure to tackle both sides of the coin. Definitions are not important but providing personal experience and creating an understanding of the issue and its effects on ethics and the workplace are.