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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