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Here is an example of an unethical business practice that many people are not aware of. It is called a "bait & switch". What this entails is an advertisement for a specific item at a very low price. Involved in this is a "valuable" product that is geared to bring in business. Here is an example of this:
1. A camera store advertises a camera lense of great quality at a low price;
2. The consumer visits the store to purchase this "bargain";
3. The consumer is informed at the camera store that their supply of the lense has run out;and
4. The store sales person suggests a lower grade lense as a good substitute for the original lense; and
5. The consumer has been lured to the store on the basis of the better lense; and
6. The store's objective is a hidden one. It is to lure a consumer to the store and sell the consumer another product.
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What are unethical business practices?
Operating a business in an unethical way, a way that's not right. For instance:giving back the wrong amount of change to people,not paying proper taxes,selling expired products,etc.
Types of ethical issues in construction business?
Some types of ethical issues in the construction business include bribes and short payment. The construction industry is highly competitive and many are tempted with unethical practices.
How did muckraker Ida tarbell describe standard oil?
It led to the breakup of the company as a monopoly.
Is competition unethical?
unethical competition in business?
Why some business individuals might resort to unethical behaviours?
Money
What are some of the ways unethical business practices can affect a business?
Unethical business practices can cause a business to lose the respect of other business wanting to do business with said company.
Philippine Laws on advertising for unethical practices?
The unethical things in the philipiness are the business practices
What are the common unethical practices adopted by companies in the area of business?
common unethical practices adopted by companies in the areas of business
What are some examples of unethical business practices in the workplace?
I don't know so turn of your computer.
Are all unethical business practices covered by the law?
If this is a question from the Introduction to Business workbook then in the textbook it says, "Unethical business practices (aren't only ILLEGAL) but also are bad for business." I'm guessing it includes all of them since it doesn't say most, some, a few, etc.
What are the considered unethical practices in business research?
Unethical practices in business research can include falsifying data, plagiarizing others' work, manipulating results, breaching confidentiality agreements, and not obtaining proper informed consent from research participants. These practices can compromise the integrity and reliability of research findings and harm the reputation of the researchers and the organizations they represent.
What are some of the unethical advertising practices?
what is unethical in energy soft drinks
What exposed the unethical and abusive practices of business through writings and pictures?
Muckrakers
Which of these has the power to monitor and stop unethical business practices?
Federal trade commission
Matters in current issues in auditing?
The matters in current issues are fraud and unethical business practices.
How did the muckracker Ida turbell describe standard oil?
She presented evidence about unethical business practices
What are consumers protection agency responsibilities?
To protect the public against unlawful and unethical business practices.
