ENTREPRENEURSHIP

ENTREPRENEURSHIP AND THE GLOBAL ECONOMY

CULTURAL DIFFERENCES AND ENTREPRENEURSHIP

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is an example of increased financial risk for a company with poor business ethics:
A
decreased labor costs
B
increased sales
C
decreased company value
D
increased productivity
Explanation: 

Detailed explanation-1: -Some of the main effects of unethical behavior in business include loss of company credibility, the negative association between employees, failure to maintain a long-term relationship with consumers, and reduced employee productivity.

Detailed explanation-2: -Unethical behaviour has serious consequences for both individuals and organizations. You can lose your job and reputation, organizations can lose their credibility, general morale and productivity can decline, or the behaviour can result in significant fines and/or financial loss.

Detailed explanation-3: -Exploiting workers. Over-billing customers. Exploiting tax loopholes. Dumping toxins into the air or water. Prescribing unnecessary medical procedures. Covering up car defects. Designing phones so that users accidentally accept data charges. Creating fake identities. More items •23-Sept-2021

There is 1 question to complete.