Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Based on the given points and links below, Write one paragraph of summary on the Cause of poor business ethics. Cause of poor business ethics:
Based on the given points and links below, Write one paragraph of summary on the Cause of poor business ethics.
Cause of poor business ethics:
- Cultural differences
- Political unrest
- Trade sanctions
- IP Protection
- Sustainability
- Conflict of Interest
- Greed
- Failure of understanding risks
- Poor ethical standards and corporate culture
- Poor reward system
- Behaviors of the company`s leader
Impact of Poor Business Ethics:
- Harm business reputation - Enron, WorldCom
- Incurring loss-poor financial statements
- Restrictions in International markets
- Unfair to every stakeholder
https://smallbusiness.chron.com/factors-external-environment-influence-employee-behavior-1251.html
https://everfi.com/blog/workplace-training/why-do-employees-make-unethical-decisions/
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started