Discuss the steps a company can take to encourage ethical behaviour and practices by its employees

Several companies have recently received damaging publicity due to allegations of unethical business practices. For example, one large multinational retailer was alleged to be using child labour to produce some of its products. Another large, well-known company was charged with using bribery to obtain government contracts.
(a) D iscuss why ethical issues have become more important to corporate planning in recent years.
(b) Discuss the steps a company can take to encourage ethical behaviour and practices by its employees.

 

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