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A danger of building up false expectation.
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Advantages and disadvantages of being a small business?
Another advantage of having a small business is greater profitability
What are the advantages and disadvantages of business ethics?
There are both advantages and disadvantages to business ethics, but mostly are advantages. The advanatages are the company will have an increase in reputation, more employees will enroll in the company, employees feel more motivated to work, customers have more trust in it. However, some companies will have difficulties to keep us with that standard - maybe it will be expensive to be an ethical business.
Dicuss the ethical problems of doing business around the world?
discuss the ethical problems of doing business around the world
Between being ethical and being socially responsible?
There is a huge difference between being ethical and being socially responsible. You do not need to be ethical to be socially responsible for example.
Ethical issues in business are defined by?
Stakeholders
Being ethical in business is no longer a luxury?
being ethical in business is no longer a luxury. it a necessity
Advantage and disadvantage of business ethics?
Business ethics are great for businesses because customers don't like doing business with unethical managers. A disadvantage to being ethical is the fact that money can be affected by being ethical.
Being ethical in business is not possible in curreny environment?
yes
What standards does the legal environment in regard to ethical behavior in business?
The legal environment in regard to ethical behavior in business includes laws and regulations that govern issues such as corruption, bribery, fraud, discrimination, and environmental protection. Companies must comply with these standards to avoid legal consequences and maintain their reputation. Ethical behavior in business is important for building trust with stakeholders and operating in a socially responsible manner.
Can a business be successful and ethical?
Yes, a business can be successful and ethical because in many cases a business will become more popular when it is ethical. Many people choose to frequent a business because of its ethical standards.
Why should managers be concerned with ethical business practices?
Without being ethical, companies cannot be competitive at either the national or international level.
Advantages and disadvantages of being a small business?
Another advantage of having a small business is greater profitability
What are the advantages of companies being ethical?
Ethical business can succeed under various advantages from value guided business practices. Ethical business can reduce environmental and marginal social costs from green policies to better employee treatment. Ethical business can preserve system integrity through committing to responsible accounting and trade and finance behaviors. Such steps could have prevented the Arthur Anderson scandals, and at worse the meltdowns of Bear Stearns and Lehman Brothers.
The primary responsibility of ensuring that ethical standards are adhered to within a business rests with?
Managers monitor employs to ensure they are being ethical. When they find that they are not, they report them to the human resources department.
What is ethical business?
Business ethics is what is morally good and bad. Its a code of standards.
What are the advantages and disadvantages of business ethics?
There are both advantages and disadvantages to business ethics, but mostly are advantages. The advanatages are the company will have an increase in reputation, more employees will enroll in the company, employees feel more motivated to work, customers have more trust in it. However, some companies will have difficulties to keep us with that standard - maybe it will be expensive to be an ethical business.
What are the ethical issues of a business?
The ethical issues of a business are the fundamental principles that apply in a business. The most basic ones are integrity and honesty among others.
