Respond to
Ethical behavior drastically affects the company’s bottom line. Companies who make an effort to have high ethical behavior in regards to the environment, employee satisfaction, and product safety concerns often have a higher success rate than those who ignore these types of problems. 
Labor/employee satisfaction:
Both management and production employees see that they must be cooperative. By being collaborative, management and labor personnel will have higher job security.  Stakeholders must work together to create an environment where employees are treated fair, given a safe place to work, and management gives employees a platform to be heard. 
Environment:
 When the community expressed frustration about pollution in the 1950s, many businesses were reluctant to change, resulting in strict pollution laws and increased reporting procedures. If a company is known for being a significant polluter, consumer sales will drop. Those corporations who have improved their processes to eliminate environmental hazards are seeing an increase in profits. “Being a good corporate citizen and protecting a company’s renewable resources can be mutually beneficial”(Vonderembse & White, 2013 ).
Product Safety:
If a fast-food chain knows its hamburger meat was sitting out all night, but still chose to use them the following day, this would be highly unethical. Some implications will take place if a company does not put the safety of the consumer first. Once a company loses the trust of their clients, this would be extremely difficult to get back and could quickly lead to bankruptcy and lawsuits.  
Companies must look at ethical issues during their initial planning process, and not after the fact. By being proactive, a company will save its name from getting tarnished and will keep all stakeholders satisfied. By being honest about what a customer can expect from a product or service, the company will maintain a good reputation and have repeat customers. In the end, a company must have good ethical behavior if they want to be successful long term. 
References
Vonderembse, M. A., & White, G. P. (2013). Operations management [Electronic version]. Retrieved from https://content.ashford.edu/

Respond to…

Corporate ethics is a vital part of any flourishing and long-lasting business.  It is imperative to keep a stable moral compass when fronting business problems.  Ignoring or avoiding any situation, exaggerating situations, or down-playing bad happenings are all examples of poor business ethics.  This type of conduct can ruin a firm and also a persons reputation.  As we grow further into our professions, the connections that we make become even more important. If others within a group have a poor view of your character, this could delay or prevent career advancement. Missed opportunities job related, sometimes are never recuperated. The same can be said for businesses as a whole.  If harmful news is released concerning a business and its practices, this will certainly hinder the future of the business.  Customers may pull their businesses in an effort to protect their own interests.
It is essential for companies to establish a set of standards for ethical behavior that are equal to those accepted within the community and industry.  It is also rational to expect those values to grow as the standard of living increases.  (Vonderembse & White, 2013).  Endorsing good corporate ethics begins with leadership and it should trigger down the staff.  The manager needs to set an example for how they want their employees to act when it comes to business scenarios.  Many businesses will put into place a code of behavior that helps build proper conduct and mitigate the ability for poor ethical practices.
An example of unethical behavior is billing a client or government agency for more than the actual price of a good or service. A South Jersey doctor was convicted in April 2013 of charging Medicare for spending 2.5 hours with patients when she only spent 30 minutes. Even though she was only one of several medical professionals working for a small business that made house calls to patients, the business as a whole received negative publicity that will require considerable marketing to overcome. Circle, a sports gear company in Easton, Pa., billed school systems twice for the same services, and its executives are facing jail time.
are facing jail time.
References
Rowe, H. R. (2018, April 5). Examples of Unethical Decisions That Have Ruined Business. AZ Central. Retrieved from https://yourbusiness.azcentral.com/examples-unethical-decisions-ruined-businesses-21339.html
Vonderembse, M. A., & White, G. P. (2013). Operations management [Electronic version]. Retrieved from https://content.ashford.edu/