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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.
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What are the advantages of being competitive?
Being competitive means being able to compete with other companies and their products, thus being able to stay in business and being able to compete and staying competitive.
What are some advantages and disadvantages of being a teller?
what are some advantages and disadvantages about being a teller
What are the advantages of being a businessman?
One of the main advantages of being a businessman ( successful one) is the financial situation.
What are the advantages of multinational companies to the developing countries?
Wow ur so geh! haha
What are the advantages and disadvantages of being rich?
nothing
Why should managers be concerned with ethical business practices?
Without being ethical, companies cannot be competitive at either the national or international level.
Do ethical companies only recruit ethical people?
Ethical companies make an effort to recruit ethical people but can only tell what a person's history indicates. There is no foolproof method for screening for integrity.
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.
Should the government be involved in enforcing ethical practices for private companies?
YES Government should be involved in enforcing ethical practices in private companies because even in private companies, scientific advancement should not be placed above ethical codes that would be inhumane
What are the advantages of malicious software?
The only legitimate advantages that malware have are these:1. Malware is good for studying.2. Malware keeps antivirus and antispyware companies in business.3. Malware sometimes has its uses in ethical hacking -- such as locating malicious hackers.However, cybercriminals perceive other advantages, such as enabling them to steal passwords.
Being ethical in business is no longer a luxury?
being ethical in business is no longer a luxury. it a necessity
What are the advantages of being competitive?
Being competitive means being able to compete with other companies and their products, thus being able to stay in business and being able to compete and staying competitive.
What are the advantages to multinational companies when investing in Mauritius?
what are the advantages and disadvantages to multinational companies by investing in A HOST COUNTRY?
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.
Which four ethical norms are often used by companies to help individuals make ethical decisions?
utility, rights, justice, and caring
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.
What are the ways in which companies deal with ethical problems?
Most companies have rules and regulations under which all employees must work. In case of ethical issues, disciplinary measures may be taken to correct the person in the wrong.
