Financial Analysis for Managers Article Example | Topics and Well Written Essays - 500 words

Financial Analysis for Managers - Article ExampleHowever, the highly competitive nature of right aways corporate world has given rise to an essence of unethical behaviour which underlies a majority of business operations in order to understand their success. Many a times, unethical behaviour in the workplace has an immense negative impact on the organization and its employees. These effects can be psychological, financial, social, or even bureaucratic in nature. Financially speaking, if a federation adheres to unethical means, then it endangers its image in the eyes of the public, and less people would be kindle in dealing with the firm. These may include suppliers, financial institutions, customers and distributors. Such a trade-less condition obviously is a set-back to the revenue, and thus the profit of the company. Moreover, from an intra-firm point of view, employees would throw away lesser faith in a company which does not deal ethically with the public, as there emerges a possibility of the firm using desecrate means against employees if need be someday. Not only does this encourage the existing workforce to leave the firm, it also keeps potential employees to join the firm. This proves to be disastrous for the companys overall growth and progress.