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Payoffs associated with properly implemented ethics programs include:

A) increased stakeholder confidence.
B) greater client/customer and employee loyalty.
C) increased profits.
D) decreased vulnerability to legal liability issues.
E) all of the above.

User Yuralife
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1 Answer

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Final answer:

The payoffs from properly implemented ethics programs include increased stakeholder confidence, greater loyalty from customers and employees, increased profits, and decreased vulnerability to legal issues.

Step-by-step explanation:

Payoffs associated with properly implemented ethics programs include a range of benefits for businesses and organizations. These benefits often encompass increased stakeholder confidence, fostering trust and a positive image in the business environment. Another payoff is the creation of greater client/customer and employee loyalty, as ethical frameworks contribute to a supportive and equitable company culture. Additionally, businesses may see increased profits due to improved operations, reputation, and the avoidance of costs related to unethical practices. Moreover, such programs can lead to decreased vulnerability to legal liability issues, by ensuring that the organization adheres to relevant laws and regulations. Hence, the correct answer to the student’s question is E) all of the above.

User Fred Wuerges
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