Course Solutions Uncategorized (Answered) : What does it mean for a business to act ethically and why is it important?

(Answered) : What does it mean for a business to act ethically and why is it important?

What does it mean for a business to act ethically and why is it important?

Expert Answer


Ethics is most important part of the business. Any business which is not running under ethical conditions will definitely falls in near future. Ethics are the bunch of rules which governs the moral of the individual and a company as a cluster of the employee. Ethics keeps a check on company morality and make a decision which is ethically correct.

This is required and important because:

Right judgement should be taken into a company
Sustainable growth should be there
Rights of the people can’t be hampered
Respect

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