Question: A company whose strategy has shady or unethical elements A ) stands a good chance that its unethical behaviour will go undetected and unnoticed. B

A company whose strategy has shady or unethical elements
A) stands a good chance that its unethical behaviour will go undetected and unnoticed.
B) is automatically barred by gatekeepers for example the US Securities and Exchange Commission from filing annual reports and having its stock publicly traded.
C) risks being temporarily embarrassed if its actions are discovered and publicised by the media but as long as this risk is tolerable, company managers are well advised to pursue whatever unethical or unsavoury actions they believe the company can get away with (especially if such actions enhance company profitability and financial performance).
D) puts the reputation of the company and its top executives at risk and may even jeopardise the companys long-term well-being and survival, especially if it is required to pay out considerable sums of money to settle punitive lawsuits and compensate customers, employees, shareholders, suppliers, rival companies and any others for the injuries they have suffered.
E) risks only being required to cease and desist if governmental authorities determine that its strategic actions constitute unfair competition.
(

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!