Most firms agree that while following strict ethical standards may help win them goodwill, it is rarely financially beneficial in the end.

Question

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This statement is incorrect. Following strict ethical standards can lead to long-term financial benefits for a firm, such as improved reputation, increased customer loyalty, and higher employee morale. It may not always result in immediate financial gains, but it can contribute to the overall success and sustainability of a business. This statement is incorrect. Following strict ethical standards can lead to financial benefits in the long run, such as increased brand loyalty, improved reputation, and potential legal and financial rewards for ethical behavior.

Most Firms Agree That While Following Strict Ethical Standards May