Consequences Of Unethical And Illegal Practices In Business Flashcards
1
Q
1.Misleading advertising
A
Unethical and illegal practices in business can have several consequences, including:
- Misleading advertising: This can lead to consumer deception, loss of trust, and potential legal action.
2
Q
2.With Holding of tax
A
- Withholding of tax: This can result in financial penalties, legal consequences, and damage to the business’s reputation.
3
Q
- Unethical disposal of waste
A
- Unethical disposal of waste: This can harm the environment, violate regulations, and negatively impact the business’s image.
4
Q
4.Money laundering
A
- Money laundering: This can lead to legal repercussions, financial losses, and damage to the business’s reputation.