What are some examples of unethical incentives in business?
Unethical incentives can include practices like offering bonuses for sales regardless of product quality, or encouraging employees to mislead customers to meet targets.
Can you give me a specific case where this happened?
Sure! One notable case is the Wells Fargo scandal, where employees created fake accounts to meet aggressive sales targets, leading to significant legal and reputational consequences.
What are the consequences of such unethical practices?
Consequences can include legal penalties, loss of customer trust, damage to brand reputation, and a toxic workplace culture.
How can companies avoid these unethical incentives?
Companies can promote ethical behavior by setting realistic targets, providing training on ethical practices, and fostering a culture of transparency.
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