Final answer:
In the realm of business, it is the responsibility of various stakeholders to stop unethical business practices. These stakeholders include governments, regulatory authorities, consumers, employees, and civil society organizations. Some unethical business practices may go unnoticed or unreported due to various reasons.
Step-by-step explanation:
In the realm of business, it is the responsibility of various stakeholders to stop unethical business practices. These stakeholders include governments, regulatory authorities, consumers, employees, and civil society organizations.
Governments create laws and regulations to prevent unethical practices and enforce penalties for violators. Regulatory authorities, such as the Securities and Exchange Commission (SEC) and the Federal Trade Commission (FTC), monitor businesses to ensure compliance with ethical standards.
However, some unethical business practices may go unnoticed or unreported due to various reasons. Employees might fear retaliation or losing their jobs if they come forward, and consumers may not be aware of the unethical practices or may not have the means to take action.