Asked by Gopalakrishnan Manivel on Jul 15, 2024
Verified
What happens when society deems a particular business action as wrong or unethical?
A) Legislation usually follows.
B) The guilty individual is jailed.
C) Self-regulation is deemed a failure.
D) The company goes bankrupt.
E) Fines automatically follow.
Society
A group of individuals involved in persistent social interaction, or a large social group sharing the same geographical or virtual territory, subject to the same political authority and dominant cultural expectations.
Business Action
Activities or initiatives undertaken by a business in pursuit of its objectives, including operational, strategic, and ethical decisions.
- Describe the societal and legislative reactions to unethical business actions.
Verified Answer
Learning Objectives
- Describe the societal and legislative reactions to unethical business actions.
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