What happens when society deems a particular business action as wrong or unethical?
A)Legislation usually follows.
B)The guilty individual is jailed.
C)Self-regulation is deemed a failure.
D)The company goes bankrupt.
E)Fines automatically follow.

Question

What happens when society deems a particular business action as wrong or unethical? ​
A)​Legislation usually follows.
B)​The guilty individual is jailed.
C)​Self-regulation is deemed a failure.
D)​The company goes bankrupt.
E)​Fines automatically follow.

Quizplus · Accepted Answer

When society deems a particular business action as wrong or unethical, legislation usually follows as a way to prevent such actions from happening again in the future. For example, after the Enron scandal, Congress passed the Sarbanes-Oxley Act to increase corporate transparency and accountability.

What Happens When Society Deems a Particular Business Action as Wrong