What is often a result of unethical practices in sales?

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Prepare for the UCF MAR4418 Strategic Sales Force Management Exam. Utilize flashcards and multiple-choice questions with hints and explanations. Achieve exam readiness with comprehensive study resources.

Unethical practices in sales can severely damage a company's standing in the market and lead to significant repercussions. Engaging in dishonest tactics, such as misleading customers or employing high-pressure sales techniques, can lead to a lack of trust among consumers. As customers become aware of unethical behavior, they may choose to take their business elsewhere, resulting in a decline in market share.

Additionally, a tarnished reputation often follows unethical sales practices. Once negative perceptions take root, it can be challenging for a company to rebuild its image and regain customer trust. This reputation damage can extend beyond customers to investors and business partners, further amplifying the potential loss of market share.

In contrast, enhanced customer loyalty, increased sales revenue, and positive employee relations are typically built on trust and ethical conduct. Unethical practices, on the other hand, erode these foundational elements of business relationships, leading to long-term consequences that outweigh any short-term financial gains.