Identify the Three Types of Business Costs of Ethical Failures;

question 40

Essay

Identify the three types of business costs of ethical failures; provide examples for each type of cost.

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Definitions:

Sensory Memory

The briefest segment of memory that enables people to preserve sensory impressions once the initial stimuli are no longer present.

Short-term Memory

The capacity for holding a small amount of information in mind in an active, readily available state for a short period of time.

Consolidated Memory

A process by which short-term memories are transformed into long-term memories, making them stable and less susceptible to disruption.

Episodic Memory

The type of declarative memory that records events as they have been subjectively experienced.