There is also the fact that some companys put pressure on the managers to meet or beat earnings tar models or when a company places wage and good performance ahead of ethical behavior. There is several(prenominal) bad outcomes for companies that do not stand for having good business ethics some of these are class-action lawsuits and other litigation aimed at the company for how they treated others which in turn the cost of intelligent help to defend them. They also will incur a bad reputation with other companys or with future employees or even higher turnover rate within the company.

There are 3 types of ethical standards that apply across the countries and they are ethical universalism, ethical relativism, and integrative social contracts theory. With the ethical universalism you want to use the same standards of what is right and what is wrong(p) are universal and transcend most cultures, societies, and religions. With ethical relativism what is ethical or unethical must be judged in fainthearted of local moral standards and can vary from one countrified to another. And last with the integrative social contracts theory the ethical standards a company should try to uphold are governed by both. Without these ethical standards we have a company that is facing many company downfalls and loss of business from other countries and from the US itself....If you want to get a full essay, order it on our website: Orderessay
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