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A reputation crisis is a situation where the reputation or image of a business decreases drastically in the eyes of consumers/customers. A business reputation crisis is not only a matter of negative publicity but will affect business success due to the loss of business image, customer trust, values, integrity and competence of a business which will directly damage relationships with customers, investors and employees. A business reputation crisis often arises due to various factors such as:
- Business people violate business ethics
- Low product quality
- Next it's your turn.
- Business people violate business ethics
- Low product quality
- Next it's your turn.