Businesses often encounter ethical dilemmas. Depending on the industry, there may be consequences to business behavior that ignores ethical standards.
For your project this week you will need to do the following:
Requirements: 2-3 pages not including the cover and reference page
Unethical and borderline illegal business practices are no longer tolerated in society and within an organization. In today’s society, organizations, especially organizational leaders, are expected to embrace and encourage adopting ethical practices within their organizations (Ferrell & Fraedrich, 2016). Failure to do this will inadvertently result in customers and other stakeholders holding them accountable for their unethical practices. Customers hold organizations accountable by terminating their business relationship with them, an aspect that adversely affects a company’s profitability. MovieFlix, like numerous other organizations, deals with various problems that might adversely affect its profitability (Ferrell & Fraedrich, 2016).