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In the Wake of Recent Scandals, Your Firm Is Considering

question 14

Essay

In the wake of recent scandals, your firm is considering ways to limit exposure to this type of event. In considering the possible ways that ethical breaches happen, you have been asked to answer this question: Why do good people do questionable things?


Definitions:

Loyalty to Employees

The commitment and fidelity an employer demonstrates toward their employees, often evidenced by fair treatment, respect, and support for personal and professional growth.

Ethical Decision-making Approaches

involve frameworks and processes that guide individuals in making choices that align with moral and ethical standards.

Sustainable Development

A concept of defining development strategies that meet the needs of the present without compromising the ability of future generations to meet their own needs.

Ethical Dilemma

A situation where a person has to choose between two or more morally correct actions that conflict with each other.

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