How scandals affect businesses? Back to list

Member SinceJul 08, 2021

Posts 201


Nov 23, 2021 a 14:00
Working professionals in any industry need ethics and values. 73% of professionals say they consider an organization's values and would not apply to a company if its values did not align with their own. According to a recent survey, 82% of workers say they would rather be paid less and work for a company with ethical business practices than be paid more and work for one with questionable ethics. Businesses need to ensure that their organization demonstrates high morals, principles, conduct, and ethics so that employees feel comfortable and confident working there. Employees who share your values and who adhere to your company's principles and conduct are an asset to your business. Employees and management can work together to build businesses with high standards.

Member SinceJul 12, 2021

Posts 239


Nov 24, 2021 a 07:13
I agree with you that scandals do not only affect businesses negatively from a customers point of view, but also in terms of employees. Lack of motivation and skill results in the employees, and this leads to lower production, and a general sense of dissatisfaction and commitment. This often results in a vicious cycle as it reflects in the product quality, productivity etc.

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