Business reasons for adopting ethical strategies
What are the business reasons for adopting ethical strategies?
Expert
There are solid business reasons to take on ethical strategies even if most company managers are not of powerful moral character and personally committed to high ethical principles:
i. Pursuing unethical strategies puts a company’s status at high risk and can do lasting harm.
ii. Rehabilitating a company’s shattered status is costly and time consuming.
iii. Consumers shun companies known for their shady behavior.
iv. Companies with status for unethical conduct have significant trouble in recruiting and retaining talented employees.
Key Concept:
Conducting business in an ethical style is in a company’s enlightened self-interest.
Write down the relation between ledger and journal book?
Explain about Exports Strategies.
When are the perils of strategy-culture conflict?
What are seven questions for the analytical and concepts tool to define?
According to Abraham Maslow’s hierarchy, what do you mean by Physiological level?
Explain about the core concept of Acquisition and Merger Strategies.
State the working process of outsourcing in an organization?
What do you mean by the term Organizational Climate in understanding the human behavior?
Explain about the Selling off Assets.
What are the goals of benchmarking?
18,76,764
1936966 Asked
3,689
Active Tutors
1434637
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!