For many decades ago, people have discussed their worries regarding unethical business practices and a lack...

 

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For many decades ago, people have discussed their worries regarding unethical business practices and a lack of transparency. Companies are exposed to various regulations that attempt to uphold the highest standards of business ethics in the marketplace to prevent unethical conduct, which has been the primary cause of the collapse of many corporations in the past. Required: a. Explain FOUR (4) areas where the stakeholders have expectations regarding the business's conduct. (8 marks) b. For firms to remain competitive in the global marketplace, describe FOUR (4) management based on values that should be adopted. Provide your answer with ONE (1) related situation. (12 marks) For many decades ago, people have discussed their worries regarding unethical business practices and a lack of transparency. Companies are exposed to various regulations that attempt to uphold the highest standards of business ethics in the marketplace to prevent unethical conduct, which has been the primary cause of the collapse of many corporations in the past. Required: a. Explain FOUR (4) areas where the stakeholders have expectations regarding the business's conduct. (8 marks) b. For firms to remain competitive in the global marketplace, describe FOUR (4) management based on values that should be adopted. Provide your answer with ONE (1) related situation. (12 marks)

Answer rating: 100% (QA)

a Stakeholders expectations regarding the businesss conduct include 1 Compliance with laws and regulations Stakeholders expect companies to comply wit... View the full answer