Final answer:
Peloton Cycle employs an ethical framework based on principles such as transparency and integrity. Leadership plays a crucial role in promoting ethical behavior within the company. Ethical behavior positively impacts Peloton Cycle's business model and contributes to its long-term success.
Step-by-step explanation:
Peloton Cycle is known for its commitment to ethical behavior and has built a strong culture around it. The ethical framework employed by Peloton Cycle includes principles such as transparency, integrity, and accountability. The company strives to ensure that ethical behavior is embedded in all aspects of its business operations.
Leadership plays a crucial role in promoting ethical behavior at Peloton Cycle. The leaders not only set an example through their own actions but also establish clear expectations for ethical conduct among employees. They foster a culture of open communication and encourage employees to speak up about any ethical concerns.
Ethical behavior has a significant impact on Peloton Cycle's business model. By prioritizing ethics, Peloton Cycle builds trust and credibility with its customers, suppliers, and stakeholders. This allows the company to maintain positive relationships, attract and retain customers, and ultimately contribute to its long-term success.
When comparing and contrasting the ethical values at Peloton Cycle with a competitor, it's important to consider specific examples and the overall approach to ethics. It may involve examining factors such as the competitor's ethical code, corporate social responsibility initiatives, and the reputation of both companies within the industry.