Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please help me there is no missing information please do this question as soon as possible please I have paid money here so I don't

image text in transcribed

please help me

there is no missing information please do this question as soon as possible please I have paid money here so I don't want it to go to waste

image text in transcribed
11 firms being investigated for price gouging in coronavirus crisis Eleven firms are being investigated for selling products such as face masks and hand sanitisers at inflated prices amid the Covid-19 crisis, Minister of Trade and Industry Ebrahim Patel has announced. Patel was speaking at a briefing media in Pretoria, where a number of ministers from the country's economic cluster outlined interventions in response to the coronavirus pandemic. This comes in the wake of President Cyril Ramaphosa on Monday announcing a 21-day a nationwide lockdown - starting in the early hours of Friday morning - in an effort to slow down the spread of the virus. The number of confirmed infections in SA rose to 554 on Tuesday. (Fin 24 - Author. Omarjee, 2020. Adapted - Source: https:/www.fin24.com/Companies/Retail/11-firms- being-investigated-for-price-gouging-in-coronavirus-crisis-20200324 Read the above case study and answer ALL the following questions: QUESTION 1 Discuss the importance of ethics in business and the possible consequences of non-ethical behaviour as being suggested in the case study when it comes to the Covid-19 crisis. (Please make assumptions where required) (15 Marks) QUESTION 2 Identify and briefly explain six (6) strategies / tactics that these organisations could use to improve the ethical climate of the organisation based on the current Covid-19 crisis. State with reasons, which strategy / tactic might be the best to use in this scenario. (15 Marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Law Text Cases And Materials

Authors: Andrew Le Sueur, Maurice Sunkin, Jo Eric Khushal Murkens

4th Edition

0198820283, 978-0198820284

More Books

Students also viewed these Law questions

Question

5. Give examples of binary thinking.

Answered: 1 week ago