What is the business case for why a company should pursue ethical strategies?
What will be an ideal response?
Shareholders suffer major damage when a company's unethical behavior is discovered and punished. Making amends for unethical business conduct is costly, and it takes years to rehabilitate a tarnished company reputation. It depicts the costs a company can incur when unethical behavior is discovered and it is forced to make amends for its behavior, and the more egregious a company's ethical violations, the higher are the costs and the bigger the damage to its reputation. Beyond those retributive costs, buyers tend to shun companies known for their shady behavior. Companies known to have engaged in unethical conduct have difficulty recruiting and retaining talented employees.
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The market value method for recording bond conversion to common stock results in no gain or loss at the time of conversion
Indicate whether the statement is true or false
Situational approach to leadership ______.
A. clearly describes how a follower’s age impacts a leader’s style decisions B. emphasizes cultural competence for leaders across all situations C. does not account for gender in leader–follower prescriptions D. does not consider followers’ skill levels
Which of the following statements about term life insurance is correct??
A. It is administered primarily by the trust departments of commercial banks.? B. ?The premiums associated with a term insurance policy are fixed payments computed as an average of the premiums required over the expected life of the insured person. C. ?It offers both insurance coverage and a savings feature. D. ?It is a relatively short-term contract that provides financial protection for a temporary period. E. ?Investors who prefer to receive current income can invest in income policies, and investors who are willing to accept higher risks in hopes of obtaining higher returns can invest in growth funds.
Under the Negotiable Instruments Article of the UCC, which of the following statements is correct regarding a check?
a. A check is a promise to pay money. b. A check is an order to pay money. c. A check does not need to be payable on demand. d. A check does not need to be drawn on a bank.