Ethical Flashcards
1
Q
what is being unethical in a business?
A
when a business knows what they’re doing is wrong
2
Q
how can business be unethical? x2
A
- can give false information
- can sell faulty products
3
Q
what are the benefits of being ethical?
A
- improve public relations
- positive impact on image
- customers are attracted to an ethical approach
4
Q
what are drawbacks of being ethical?
A
- higher costs
- revenues are likely to fall (may lose sales to competitors)
