What is one consequence of breaches of ethics for firms and media outlets?
A) There are typically no consequences for breaches of ethics.
B) The Sarbanes-Oxley Act requires that the CEO resigns.
C) Consumers launch massive, punishing boycotts of these organizations.
D) All publicity is good publicity: these companies actually gain consumer support.
E) The reputation of the organization is negatively affected.

Question

Quizplus · Accepted Answer

Breaches of ethics can significantly harm the reputation of firms and media outlets, leading to a loss of trust among consumers, investors, and the general public. This can have long-term negative effects on the organization's success and sustainability.

What Is One Consequence of Breaches of Ethics for Firms