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NAME: SOPHIA KORKOR OSAKONOR

ID NUMBER: 01190021D

CLASS: SEC 3B

COURSE: BUSINESS ETHICS ASSIGNMENT

DATE: 19TH JULY, 2022

Q1. Briefly describe a scandalous incident and then respond to the applicable question.

Q2. What are the indirect costs of unethical business practices?

The ethical business practices definition encompasses anything that falls below minimum

standards for business code of conduct. The unethical tax encompasses all the costs that result

from a lack of ethical oversight or conduct.

Discuss two (2) of such costs

 Both fines and payments resulting from class action suits.

 Increased management costs

 Employee turnover.

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