Answer to Question #250928 in Marketing for Jozee

Question

what are the implications for business of not practising ethical decision making

Answer 1

 lack of ethics has a negative effect on employee performance. In some cases, employees are so concerned with getting ahead and making money that they ignore procedures and protocol. This can lead to additional paperwork and careless errors that result in the task having to be completed again.

aLSO the company  can lose your job and reputation, organizations can lose their credibility, general morale and productivity can decline, or the behaviour can result in significant fines and/or financial loss.