250 words answering the below questions. Include references.What are the real-world challenges to implementing an ethical framework at the small business level? How can they be overcome?

Management 1
Management
Name and Number of Student
Date of Submission
Challenges to Implementing an Ethical Framework at Small Business Level
An ethical framework can be defined as a set of codes, moral rules and standards that guide the behaviour of the employees. Several challenges or issues are faced by a small business entity in implementing an ethical framework within the company. For case, an ethical framework brings training costs and high implementation fees for a small company because appropriately maintaining an effective, ethical policy is a complicated task and requires many costs. A small company must invest a lot of money regularly in employee training in ethics. On the other hand, resistance to change...