Ethical challenges of competition

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Question

Ethical challenges of competition. Competition is everywhere, in workplaces, schools, sports, and especially among businesses. The drive to outperform others can sometimes lead to ethical issues. While competition can spur innovation and performance, it also has the potential to create ethical pitfalls. As new products and technologies emerge, the business world is likely to become even more competitive. Companies must strike a balance between effective competition and upholding ethical standards.

Reference no: EM133840304

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