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Economic forces surrounding McDonalds Ethical Breach(Sexual Harassment) -…
Economic forces surrounding McDonalds Ethical Breach(Sexual Harassment)
Unemployment
Unfavorable work environment
(An unfavorable environment is created by sexual harassment incidents and can cause a number of factors that can eventually lead to unemployment
Absenteeism
Low productivity
Increased heath cost
Staff turnover
Customer Demand
( a sexual harassment incident causes an unfavorable environment for workers that can leads to a number that can reduce customer demand
Poor Customer Service
High employee turnover
Employee Absenteeism
Customer expectations ( demand is affected because customers may not support company with an ethical breach that goes against their values.
Negative public perception
Stakeholder influence ( The information portrayed by the media can affect customer perception and cause reduction in demand
Increased company health cost
Public Health Toll ( a sexual harassment incident may cause employee to suffer from chronic depression and PSTD. It may also lead to long-term mental problems which will affect public health
Loss company revenue
(loss of company revenue result in loss in government revenue which negatively impacts economic growth)
Loss market capitalization
Loss of investments
Loss in Shareholder value
Unemployment
(revenues is affected by unemployment because the employer will not have enough staff to meet customer demand )