General Management · Professional Ethics
If a bank's board of directors severely emphasizes short-term profit maximization over long-term risk management and compliance, which of the following is the most likely ethical consequence for the front-line branch staff?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Enhanced voluntary cooperation between the compliance department and the sales team.
- 2Improved employee morale due to a transparent focus on financial performance and individual rewards.
- 3A significant rise in the mis-selling of financial products to unsuspecting customers to meet aggressive sales targets.✓
- 4An increase in the adoption of conservative lending practices to ensure the safety of assets.
Correct answer
A significant rise in the mis-selling of financial products to unsuspecting customers to meet aggressive sales targets.
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