Question: Based on the given points and links above, write one paragraph of summary on the Cause of poor business ethics. Cause of poor business ethics:

Based on the given points and links above, write one paragraph of summary on the Cause of poor business ethics.

Cause of poor business ethics:

  • Cultural differences
  • Political unrest
  • Trade sanctions
  • IP Protection
  • Sustainability
  • Conflict of Interest
  • Greed
  • Failure of understanding risks
  • Poor ethical standards and corporate culture
  • Poor reward system
  • Behaviors of the company`s leader

Impact of Poor Business Ethics:

  • Harm business reputation - Enron, WorldCom
  • Incurring loss-poor financial statements
  • Restrictions in International markets
  • Unfair to every stakeholder

https://smallbusiness.chron.com/factors-external-environment-influence-employee-behavior-1251.html

https://everfi.com/blog/workplace-training/why-do-employees-make-unethical-decisions/

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