When a company acts in an ethically questionable manner, a number of negative consequences can arise. The company can face a lawsuit or may develop a negative public reputation.
not necessarily, to act ethically might be a moral decision for some one and not just a means of following a law. a good example is a company that goes above and beyond what a law states such as pollution control
A utility or a utility company is an organization that supplies basic services to a household or community. The Gas company, the Water company, the Electric company.
Agency problems in business occur when the interests of managers or employees conflict with those of the shareholders or owners. Examples include managers prioritizing personal gain over company success, employees slacking off, or executives making decisions that benefit themselves rather than the company. These problems can lead to decreased efficiency, lower profits, and a decline in overall company performance.
Yes, firms should behave ethically at all times as it fosters trust and loyalty among customers, employees, and stakeholders. Ethical behavior enhances a company's reputation, which can lead to long-term success and sustainability. Additionally, adhering to ethical standards can help avoid legal issues and promote a positive workplace culture. Ultimately, ethical practices contribute to a firm’s overall resilience and competitiveness in the market.
A person, group or organization with a monopoly. In other words, an individual or company that controls all of the market for a particular good or service.
Yes, but the legalities are questionable. It can lead to their impartiality being questionable.
The company attracts me because of its innovative approach to solving problems, strong company culture that values diversity and collaboration, and opportunities for growth and development within the organization.
Sales incentives can make salespeople make unethical decisions. Great salespeople increase the bottom line for the organization. The company must monitor their sales team to ensure that they are acting ethically.
The coordinated efforts of a company to prevent its managers from breaking the law and to act ethically are called compliance programs or corporate compliance initiatives. These programs typically involve the establishment of policies, training, and monitoring systems designed to ensure adherence to legal standards and ethical guidelines. They aim to promote a culture of integrity and accountability within the organization.
Many people have had problems with Killerbee Performance Technologies. It does not seem to be a complete scam, but they do have some questionable business practices. Many people avoid this company.
To ensure the company complies with the law and also to trade ethically
A professional organization in the field can usually provide information on a member company. In the US, you can check with the Better Business Bureau to see if there are problems reported to them.
To maintain good representation of them self and the company. A poor representative devalues the company and no manager should want a poorly ran company. -danyelle
In facebook, you can make group of any college, company, organization or anything which you want to make famous. Its very simple to create it.
Monitor systems and work activities of your organization and identify the major problems effecting the systems. Also identify the opportunities your company can avail to improve business process.
Tully's is a coffee company, under the umbrella of Green Mountain Coffee. They have a strong commitment to the community and growing their coffee ethically and responsibly.
that company will fail. ------------------------------ A budget reflects the organization's mission, goals. A budget helps determine where funds are needed, and how well those funds are being used per organizational goals . Funds have to be set aside for future use, unexpected problems. An organization, company, has to have a budget to survive economic, unexpected issues.