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Q: What benefits accrue to business if ethics is made part of its strategy?
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What are some benefits of all approaches to achieve business ethics?

The benefits in approaches business is to have quality products and in good market.


Why is ethics so important in marketing?

Ethics are important in marketing because it is what makes the business good at what they do. Without ethics in marketing people would not have morals, that could hurt the business profits and employee benefits.


What is the difference between strategy and tactic in management?

STRATEGY focuses on the resources and energies and not the competitor in the business. TACTIC is coupled with a minimum logic, morality and ethics which make use of legal loopholes coming from the business and product selection.


Why business choose between good ethics and financial benefits?

Businesses choose between good ethics and financial benefits because they fail to recognize that practicing ethically results in financial benefits in the long run. In other words, they make such choices when they are short-sighted.


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types of business ethics


Advantages of business ethics?

advantages of business ethics


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what are objective of business ethics


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Why is ethics seen as a fundamental business concept


How can the use of ethics result in the formulation of business processes?

In the UK the Co-op bank has a strong and explicit ethical policy so it will not accept funds from companies involved in the arms trade,tobacco companies etc. Ethics thus has a clear relationship to business strategy.


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