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Collectives research for report grp 1 8

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ор SCIENCE CHELOR ENTREPRENEURSHIP QUEZON CITY POLYTECHNIC UNIVERSITY Ethical Risk-taking You can manage the types of risks your employees take in the quest for profits. If you tie bonuses and recognition not only to increased sales and profits, but also to the ethical pursuit of those sales and profits, you build the recognition of ethics into your company. For example, you can establish a policy that sales bonuses will be decreased if customers complain about misleading statements. Monitoring the Social Effects of Profits You can manage ethics in your company by assigning a manager to evaluate how your business activities affect the community, the environment and society at large. By requiring a social impact report with a profit report, you remind your employees that your company has citizenship responsibilities. For example, you can ask that sales projections for a new branch you want to open be accompanied by a survey of attitudes toward the new branch and the community ...
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