How can an ethical culture have a direct effect on the bottom line of an organization?

What will be an ideal response?


If attended to and supported, a strong ethical culture can serve as a deterrent to stakeholder damage and improve bottom line sustainability. If ignored, the culture could instead reinforce a perception that "anything goes," and "any way to a better bottom line is acceptable," destroying long-term sustainability.

Business

You might also like to view...

In a marketer's macroenvironment, the ________ environment consists of laws, government agencies, and pressure groups that influence or limit various organizations and individuals in a given society

A) political B) cultural C) technological D) natural E) internal

Business

Duplication of merchandising and operations decision making occurs in which department store organization plan?

a. main store control b. separate store c. centralized d. equal store

Business

Which of the following powers allows administrative agencies to issue substantive rules?

A) rule-making B) executive power C) judicial authority D) licensing

Business

Other factors remaining constant, a decrease in the average age of inventory will result in ________

A) a decrease in the average collection period B) a decrease in the cash conversion cycle C) an increase in the cash conversion cycle D) an increase in the average collection period

Business