When a company acts in an ethically questionable manner, what types of problems are caused for the organization and its customers?

Q: Expert Answer

Summary Introduction To determine: The types of problems that are caused for the organization and its customer. Introduction : Social responsibility alludes to the business morals idea of being responsible for affecting society and culture. Morals values play a significant part in the modern period of business. Most organizations have unique preparing, workshops, and even a different division to build up corporate guidelines and arrangements of morals and ethical quality. Explanation The types of problems that are caused for the organization and its customer are as follows: Organizational associations Equality and honesty Communication Publicity Conflicts of interest

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Foundations of Business (MindTap C...

6th Edition

William M. Pride + 2 others

Publisher: Cengage Learning

ISBN: 9781337386920

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Chapter

Section

Foundations of Business (MindTap C...

6th Edition

William M. Pride + 2 others

Publisher: Cengage Learning

ISBN: 9781337386920

Chapter 2, Problem 1DQ

Textbook Problem

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When a company acts in an ethically questionable manner, what types of problems are caused for the organization and its customers?

Summary Introduction

To determine: The types of problems that are caused for the organization and its customer.

Introduction: Social responsibility alludes to the business morals idea of being responsible for affecting society and culture. Morals values play a significant part in the modern period of business. Most organizations have unique preparing, workshops, and even a different division to build up corporate guidelines and arrangements of morals and ethical quality.

Explanation of Solution

The types of problems that are caused for the organization and its customer are as follows:

Organizational associations
Equality and honesty
Communication
Publicity
Conflicts of interest

Chapter 2 Solutions

Foundations of Business (MindTap Course List)

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Ch. 2.2D - What is meant by business ethics?Ch. 2.2D - What are the different types of ethical concerns...Ch. 2.2D - Explain and give an example of how advertising can...Ch. 2.3C - Describe several individual factors that influence...Ch. 2.3C - Explain several social factors that affect ethics...Ch. 2.3C - How does opportunity influence the level of...Ch. 2.4D - How can the government encourage the ethical...Ch. 2.4D - What is trade associations role in encouraging...Ch. 2.4D - What is whistle-blowing? Who protects the...Ch. 2.4D - What is social responsibility? How can business be...

Ch. 2.5C - Outline the historical evolution of business...Ch. 2.5C - What are the six important business-related...Ch. 2.5C - Explain two views on the social responsibility of...Ch. 2.5C - What are the arguments for increased social...Ch. 2.5C - What are the arguments against increased social...Ch. 2.6B - Describe the six basic rights of consumers.Ch. 2.6B - What are the major forces in consumerism today?Ch. 2.6B - What are some of the federal laws enacted in the...Ch. 2.6B - What are some of the issues businesses must...Ch. 2.7C - What is an affirmative action program? What is its...Ch. 2.7C - Why did Congress create (and later strengthen) the...Ch. 2.7C - How can businesses reduce sexual harassment and...Ch. 2.8C - What are the major environmental issues facing...Ch. 2.8C - Summarize major provisions of federal...Ch. 2.8C - What is businesses response to environmental...Ch. 2.9D - What steps must a business take to implement a...Ch. 2.9D - What is the social audit? Who should prepare a...Ch. 2 - When a company acts in an ethically questionable...Ch. 2 - How can an employee take an ethical stand...Ch. 2 - Overall, would it be more profitable for a...Ch. 2 - Why should business take on the task of training...Ch. 2 - To what extent should the blame for vehicular air...Ch. 2 - Why is there so much government regulation...

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