One of the most pressing ethical dilemmas facing managers today is that of competitive intelligence, which is increasingly gained through social media.

Question

Quizplus · Accepted Answer

Competitive intelligence is the process of gathering and analyzing information about competitors, markets, and industry trends to make more informed business decisions. With the widespread use of social media, companies can access a wealth of public information about their competitors, such as their marketing strategies, customer reviews, and employee feedback. However, there are ethical considerations around obtaining and using this information, including issues of privacy, intellectual property rights, and fairness. Therefore, competitive intelligence gained through social media presents a significant ethical dilemma for managers.

One of the Most Pressing Ethical Dilemmas Facing Managers Today