Consumers have witnessed numerous instances in the brokerage (insider trading),insurance (deceptive sales practices),and defence (bribery)industries going awry but where executives from these firms argues that they were simply behaving in a manner consistent with others in their industry.This corporate behaviour might mean that these firms:

Question

Quizplus · Accepted Answer

When executives argue that they were simply behaving in a manner consistent with others in their industry, they are essentially attributing their actions to business culture. They are suggesting that the actions they took were the norm within the industry and that they should not be punished if everyone else is doing the same thing. This type of behavior is a classic example of cultural relativism, and it often leads to unethical behavior.

Consumers Have Witnessed Numerous Instances in the Brokerage (Insider Trading),insurance