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Describe at Least Three Negative Results That Occur When a Company

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Essay

Describe at least three negative results that occur when a company makes unethical decisions and managers lead the company with unethical behavior. Provide an example of a company that showed unethical behavior.


Definitions:

Comparative Advantage

The capability of an entity to generate a specific product or offer a service with lesser marginal and opportunity costs compared to others.

Trade Benefits

Trade benefits refer to the advantages a country gains from engaging in international trade, such as increased economic growth, diversity of goods, and improved efficiency.

Comparative Advantage

The ability of an individual, company, or country to produce a good or service at a lower opportunity cost than competitors, leading to more efficient economic outcomes.

Production Data

Information and statistics regarding the quantity and quality of goods and services produced within an economy.

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