Want this question answered?
advantages of business ethics
There are many advantages of ethics. You are more trustworthy if you have ethics. If you are business owner, customers are more likely to want to do business with you.
Almost every situation has it's advantages. Almost all situation has it's disadvantages.
It's situation dependent.
Ethics is "doing the right thing." There is no rule for every possible situation that can arise. Therefore some things are done based on what you know is right.
Laws and ethics are not fixed principles. These principles will keep changing from time to time so as to suit a particular situation in the best way possible.
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.
One of the main advantages of being a businessman ( successful one) is the financial situation.
apex Ethics
A reprimand is something like a notification about a certain situation you were involved into. On an ethics and compliance solutions study, you have to at least explain yourself in a polite way what caused you to do such situation or tell you part about it.
Civics deals with the rights and responsibilities of citizens in a society, focusing on how government functions and how individuals can participate in the community. Ethics, on the other hand, refers to moral principles that guide behavior and decision-making, focusing on what is considered right or wrong in a given situation.
Joseph Francis Fletcher has written: 'Morals and medicine' -- subject(s): Christian ethics, Christianity, Medical ethics, Medicine, Religious aspects, Religious aspects of Medicine 'Moral responsibility' -- subject(s): Anglican authors, Situation ethics, Christian ethics 'The ethics of genetic control' -- subject(s): Genetic engineering, Social aspects, Social aspects of Genetic engineering