How does the concept of strict liability apply in the context of management, and what are some best practices that organizations can implement to avoid potential legal and financial consequences?

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter5: Ethics, Corporate Responsibility, And Sustainability
Section5.1: Ethics And Business Ethics Defined
Problem 1CC: What individual and organizational ethical issues can we expect to occur?
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How does the concept of strict liability apply in the context of management, and what are some best practices that organizations can implement to avoid potential legal and financial consequences?

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