Week 1 DQ3

Why is an understanding in ethics important to the overall strategy process, & how does an understanding of ethics affect the strategy process as it pertains to the organizations stakeholders? Provide an example of a company that used unethical behavior to gain profit. What was the unethical behavior & why was the behavior unethical? How did this unethical behavior affect the company?

An understanding in ethics is important to the overall strategy process for a company's long-term success, & to maximize stockholders value. Unethical firms can upset shareholders; this can cause government regulations that are a large expense to companies. Understanding ethics can affect the strategy process as it pertains to the organizations stakeholders; stakeholders become upset if...