Citrus Fruits Inc.,a beverages company,was shut down because of public allegations about the quality of its products.After a period of 10 years,the former CEO of the company decided to start up the company again.Analyzing the situation,what measures should the revamped company undertake in order to emerge successful?

Question

Quizplus · Accepted Answer

Ethical, successful companies act according to four principles. First, in their relationships with customers, vendors, and clients, ethical and successful companies emphasize mutual benefits. Second, employees assume responsibility for the actions of the company. Third, such companies have a sense of purpose or vision that employees value and use in their day-to-day work. Finally, they emphasize fairness; that is, another person's interests count as much as their own. In this case, Citrus Fruits Inc. should improve quality and ethics in production and employees be mindful of the importance of quality in their daily activities.