Ethical scandals in business reach the front pages of newspapers quite regularly
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Ethical scandals in business reach the front pages of newspapers quite regularly. Wells Fargo, Volkswagen, Toshiba, and Takata are some of the corporations involved in recent ethical scandals. While not all businesses or industries are to blame for the actions of these bad actors, perhaps questionable practices and negative press taint all businesses in the eyes of consumers and stakeholders.
Consider your required readings from the textbook which describe how global businesses lead and share information for sustainability and ethical behavior. In what ways do small and medium businesses suffer from the ethical lapses of larger firms? What about the social environment allows for ethical lapses? How could the environment be changed to curb ethical issues? Are there ways in which Saudi Vision 2030 addresses these issues? Why or why not? Post your comments with a rationale or an example.
Please include introduction and conclusion also use 5 references including this book as main reference Carroll, A., Brown, J., & Buchholtz, A. (2017). Business & society: Ethics, sustainability & stakeholder management (10th ed.). Boston, MA: Cengage. ISBN-13: 978-1305959828
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