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The Ethical Dilemma

The highly publicized corporate scandals that have dominated the news in recent years have made the subject of business ethics more popular than at any other time in our history. The reputations of once highly respected companies have all been tarnished because of ethical breaches within these organizations. The consequences of these ethical lapses have ranged from fines, penalties, falling stock prices, and loss of consumer confidence to jail time for their top executives and even bankruptcy.

In response to these scandals and professional interest in the subject, many of the country’s business schools now require courses in ethics to ensure that their graduates understand the importance of ethical conduct within organizations ...

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