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.
Whenever a company distributes the catalog of products manufactured through other companies, what will be the main duty to make sure the accuracy of the content illustrated in the catalog?
Briefly list out the advantages of the flowchart?
Your health care organization has called upon you to lead a work team to identify service-quality problems within the environment. Individual Portion Answer the following questions about work teams: What are the benefits of a strong work team? What are the common problems that a work team can fa
Why are many Alliances break or unstable apart?
Illustrates the grading of the business units for resource distribution?
What do you mean by the word ‘Autocratic Leader’?
Is branding critical for the company?
Explain about the instituting processes and policies which facilitate strategy execution.
Does the state of Competition Promote profitability?
Briefly write down the advantages of the conceptualizations of the learning organizations introduced by Sandra Kerka?
18,76,764
1938065 Asked
3,689
Active Tutors
1448452
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!