In this module we have analyzed the corporate governance of an organization. Other important aspects of strategic management also include ethics and social responsibility. Some people separate business from ethics but the end result of one’s actions, whether as a manager or leader will spiral into affecting the company and overall consumers. This brings us to present day and current scandals.
1. Summarize how corporate governance fosters ethical decisions.
2. Identify a time where you felt a company did not behave ethically and briefly explain the situation. You may describe this company within a certain industry if you rather not name the actual company specifically. If you cannot think of an unethical situation, then please provide one where a company behaved ethically and describe that situation.