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Discuss the importance of trust in business

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The 2008 Financial Crisis had its roots in the U.S. and then spanned globally. The crisis was the result of many players making poor decisions. These decisions were not necessarily illegal at the time. However, they were unethical and produced great harm. The crisis created a great mistrust in business and the government. For this discussion, I want you to answer the questions below.

1. Who do you think was most to blame for the financial crash of 2008?

2. Discuss the importance of trust in business. Cite at least two examples. What happens when trust is lost?

Reference no: EM132531172

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