Ethical and Unethical Behavior
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Why is an understanding in ethics important to the overall strategy process, and how does an understanding of ethics affect the strategy process as it pertains to the organization's stakeholders?
Provide an example of a company that used unethical behavior to gain profit. What was the unethical behavior and why was the behavior unethical? How did this unethical behavior affect the company?
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Solution Summary
This solution gives examples of strategy in the midst of deciding ethics for an organization as well as provides a scenario of unethical behavior too.
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Why is an understanding in ethics important to the overall strategy process, and how does an understanding of ethics affect the strategy process as it pertains to the organization's stakeholders?
An understanding of ethics is important within an organization. The reason is because the company has a strategy for the local culture to reach its customers with either its product or services. This can range from retail to fixing to computers. Regardless of the cause, they are to make sure that their work is done professionally, and to not only benefit themselves, but everyone around them. If ethics did not exist, then chaos would take place within the organization, and people would not do their job properly. This can ...
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