write reflection. Provide a 300word word narrative of insight you gained on this assignment below

One organization X was involved in project management where both hardware was supplied and software to run the hardware were supplied. The hardware was procured by the purchasing department and the software to run the hardware was developed in-house by the software development team. The organization was not paying the vendors supplying the hardware on time. The software development team was not developing the software on time. Both software and hardware delays led to significant delays in project execution on the customer side. The customers were getting dissatisfied and started deducting penalties. There was also inadequate project planning leading to old inventories getting piled up with no movements and therefore money blocked in inventory further delaying the payment to vendors. Not being able to make payments to vendors on time, negotiating for 6 months' credit, and not being able to satisfy the customers are business ethics issues. Businesses should be run keeping in mind the interests of all the stakeholders including shareholders, vendors, customers, employees, tax authorities, and laws of the land shareholders, vendors, customers, employees, tax authorities. Thus businesses must know the environment within which they function and should satisfy the interests of all stakeholders. If the interest of any stakeholder is not met, then the business is not running ethically. So examples of businesses running unethically can be pilferage of funds, misappropriation of funds, dissatisfied vendors, dissatisfied customers, dissatisfied employees with no work-life balance, etc., not paying taxes, not meeting environmental concerns like disposing of waste unethically, etc.