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Q: Conducting ourselves ethically and within the law of business practices?
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What is the term for conducting ourselves ethically and within the law of business practices?

The term for conducting oneself ethically and within the law of business practices is "business ethics." This involves adhering to moral principles and legal guidelines in all aspects of business operations.


How would you characterize an ethically effective culture?

An ethical business culture discloses problems with finances. It also ensures that its employees follow business practices on a regular basis.


How do businesses operate in an ethical manner?

A business operates ethically when managers don't put profits over customers. Another way a business can operate ethically is by disclosing all business dealings.


Is it true a business should be managed ethically to reduce employee turnover?

no


If the majority of companies strive to conduct their business ethically?

If most companies acted ethically in business dealings more customers would trust businesses. With more confident customers businesses will see more profits.


What are some of the ways unethical business practices can affect a business?

Unethical business practices can cause a business to lose the respect of other business wanting to do business with said company.


What is another term for a MLM business opportunity?

"MLM" stands for Multi-Level Marketing. Other terms for this are "pyramid selling", "network marketing", and "referral marketing". These forms are technically legal, if a bit ethically dodgy. The most nefarious and illegal forms of MLM business practices are called "pyramid schemes".


Why do regulations for business exist?

To ensure the company complies with the law and also to trade ethically


Should A business should be managed ethically to do the right thing for all stakeholders?

yes


How does ozone effect business practices?

Ozone does affect business practices. As ozone is depleting, the business of CFC's is going down.


Who sets the rules for conducting business in Congress?

The majority party wets the rules for conducting business in Congress.


Social responsibility of a business management to society?

Businesses have a social responsibility to act ethically. When businesses act ethically, they are able to increase their profits because more customers will choose to purchase from them.