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What are the reasons for bringing ethics into business?
Stronger/more ethical values can increase sales due to a larger demographic. For instance, not making clothes in sweat shops will further interest in the business to people that refuse to buy clothes from places that do use sweat shops, and this can cause in increase in sales.However, be careful when answering questions on ethical business, because it can also affect sales negatively. i.e. clothes not made in sweat shops will usually cost more.Other reasons may include:satisfying shareholder expectationsestablishing a working environment that matches core valuesensuring that the business is an equal-opportunity employerengaging actively with local communities as a partnermaintaining high standards of integritymaintaining a safe working environment for employeesprotecting the reputation of the businessbuilding trust with those with which the business works withguarding against unethical employees & competitorsadhering to the practice of full disclosure on the quality of goods & services
How does religion affect business in England?
how does religion affect business in England
What is the scope of consumer behavior and its importance?
Consumer behavior has a large scope in that it can affect everything about business. What consumers are currently buying and what they will buy in the future, how much they are willing to pay, etc. can determine what companies produce and even if a company survives.
How does government stability affect a business?
Yes the government can affect the stability of a business
How does the economy affect business?
how does economy affects business
How do corporate scandals affect business?
Corporate scandals can have lasting effects on a business. Any type of unethical behavior by a business can cause a scandal, which may eventually lead to the business filing for bankruptcy. Unethical behavior may include embezzlement, accounting fraud, and internal corruption.
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 ethical business behavior?
the ability and willingness to reflect on values in the course of the organization's decision-making process, to determine how values and decisions affect the various stakeholder groups
How do codes of ethics professional organization certification and licensing affect the ethical behavior of IT professionals?
help them improve their ethical bahavior so that they work more poffesssional
How the 5 m's affect the business?
In my opinion,. the three M's are :- 1) Money. 2) Mismanagement 3) Morality Shortage of money (i.e. capital),can affect your business immensely. Similiarly, mismanagement can ruin a business,even with a high prospective growth. Thirdly,If the company or top bosses are involved in highly unethical acts,that might jeopardize the security of the society/country as a whole, it will naturally affect the business.
What are some global issues that affect electronic business?
Some global issues that affect electronic business include, hackers, cultural perceptions, and ethical issues. Global businesses operating virtually must consider all of these factors in order to be successful.
How ones moral values affect one's sense of ethics?
Explain how one's moral values affect one's sense of ethics
How does bribery affect the choices you make?
Bribery can influence decision-making by steering individuals towards unethical or immoral actions in exchange for personal gain. It can lead to compromised integrity, biased judgement, and decisions that may not align with ethical principles or the best interests of others.
How will ethical issues affect you as medical assistant?
issues may arise anywhere within the work place an problems may arise... for instance the is a patient whom you do not like and they are always coming to tell you their problems. you as a medical assistant should not be rude to the patient but try to advice them in the best way possible and if you cannot help them then refer them to some one else. this could be done also ask the them not to tel you their business it is unethical.
What are the factor that affect of human behavior?
Factors that influence human behavior include genetics, upbringing, culture, societal norms, personal experiences, and psychological factors. These elements can interact in complex ways to shape an individual's thoughts, beliefs, emotions, and actions. Additionally, external factors such as environment, stress, peer pressure, and economic conditions can also impact human behavior.
What are the reasons for bringing ethics into business?
Stronger/more ethical values can increase sales due to a larger demographic. For instance, not making clothes in sweat shops will further interest in the business to people that refuse to buy clothes from places that do use sweat shops, and this can cause in increase in sales.However, be careful when answering questions on ethical business, because it can also affect sales negatively. i.e. clothes not made in sweat shops will usually cost more.Other reasons may include:satisfying shareholder expectationsestablishing a working environment that matches core valuesensuring that the business is an equal-opportunity employerengaging actively with local communities as a partnermaintaining high standards of integritymaintaining a safe working environment for employeesprotecting the reputation of the businessbuilding trust with those with which the business works withguarding against unethical employees & competitorsadhering to the practice of full disclosure on the quality of goods & services
What is the scope of consumer behavior and its importance?
Consumer behavior has a large scope in that it can affect everything about business. What consumers are currently buying and what they will buy in the future, how much they are willing to pay, etc. can determine what companies produce and even if a company survives.
