Out-Tel,a computer chip manufacturer,knowingly sold defective chips and failed to notify customers of the potential problems.When the problem became public knowledge,the firm's stock price fell dramatically.This illustrates the value that investors place on the ethical behaviour of businesses.

Question

Quizplus · Accepted Answer

The scenario described shows a negative impact on the company's stock price due to ethical misconduct, indicating that investors do place value on the ethical behavior of businesses.

Out-Tel,a Computer Chip Manufacturer,knowingly Sold Defective Chips and Failed to Notify