Several Years Ago,the Garment and Soft Goods Industry Agreed to Adopt

Several years ago,the garment and soft goods industry agreed to adopt higher ethical standards with respect to contract manufacturers that produce their goods.The leadership agreed that this was a good approach in order to avoid the U.S.government from intervening and creating new laws to force the industry to only work with foreign manufacturers who operated with high ethical standards.This was sensible strategy on the part of the garment and soft goods industry.
A business should manage ethically for many reasons.Managers will often evaluate the cost of ignoring poor ethical behavior in light of the fact that government will often create laws that punish companies that misbehave.