Level 1 Business Costs of Ethical Failures Include

question 47

Multiple Choice

Level 1 business costs of ethical failures include

• A)government fines and penalties.
• B)cost of remedial education.
• C)cost of corrective action.
• D)loss of reputation.
• E)employee turnover.

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Definitions:

Task Interdependency

The degree to which tasks in an organization or project rely on each other for completion.

Perceived Differentiation

The extent to which consumers or clients see a product, service, or brand as distinct from its competitors.

Goal Incompatibility

A situation where the aims or objectives of different parties or components conflict, making it difficult to achieve a common outcome.

Conflict Handling Styles

The various approaches individuals use to address and manage conflict, including methods such as avoidance, accommodation, competition, compromise, and collaboration.