What are some common ethical dilemmas in business?
Common ethical dilemmas in business include issues like bribery, discrimination, and conflicts of interest.
Can you give me an example of a conflict of interest?
Sure! A conflict of interest occurs when an employee has a personal stake in a decision that affects their company.
How should businesses handle these dilemmas?
Businesses should establish clear ethical guidelines, provide training, and encourage open communication to address dilemmas.
What are the consequences of ignoring ethical dilemmas?
Ignoring ethical dilemmas can lead to legal issues, loss of reputation, and decreased employee morale.
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