What is considered to be bad business ethics?

Business ETICS is the principles of behavior that society operates. This includes how the company owners want to manage business and how the owners expect employees to follow. Actions that lead to civil courts, criminal liability or which simply damage the reputation of the company can be considered examples of bad business ethics.

dishonesty is a common example of bad business ethics. For example, if the company performs false demands in its advertising, the company is dishonest for its customers. Creating false advertising claims and cannot replace damaged or defective products or return their purchase price are examples of bad business ethics that can provide a bad reputation and this can lead to civil courts. Although not all defective products are intentionally created, a company that consciously manufactures and markets of pro -pipes that could hurt the customer practice bad business ethics. As a result, several customers can against a companythose to bring an action to a pile. The company may have to recall the products sold and inform the public about the problem, which can also lead to a bad image of the company.

Poor business ethics also include illegal measures. For example, falsification of information on financial status can lead to criminal prosecution of executives. Investors can lose large amounts of money because of these practices. Businesses could also participate in crime by participating in practices intended to prevent other businesses in competition with them. Illegal business practices and violations of various state and federal regulations can lead to both civic and criminal sanctions.

While civil lawsuits and illegal activities can harm the reputation of business, poor ETHICS business may also include activities that do not include any violation of the law. Poor customer service is not just badChildren's practice, but can also be considered unethical. Participation in immoral or illegal acts of business managers or key employees may also harm the company's reputation and can be considered examples of bad business ethics, especially if it occurs during business or business.

Companies that constantly practice bad business ethics face several problems. Loss of business relations and a bad reputation with the public can hurt sales. Courts and settlements can be expensive and can also lead to profits. The final result of bad business ethics may be bankruptcy.