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From an ethical point of view big business is always bad business discuss the pros and cons of this statement?
from an ethical point of view big business is always a bad business.discuss the pros and cons of this statements.
What is the need for and importance of ethical behavior?
Management should impose ethical standards so that consumers have confidence in their products and their business. When customers lack confidence, the business suffers.
According to the institute of management accountants statement of ethical professional practice the standard of competence includes?
confidentiality
Why is ethical practice important?
Ethical practice is crucial because it fosters trust and integrity within relationships and organizations, ensuring that actions align with moral values and societal standards. It promotes fairness, accountability, and transparency, which are essential for building a positive reputation and long-term success. Additionally, ethical behavior helps prevent harm and contributes to the overall well-being of individuals and communities, creating a more just and equitable society.
What would a chief accountant do to safe guard ethical issues in a business?
Keep a close eye on the books and "follow the money".
Is processing checks from largest to smallest ethical?
Yes, it is ethical to process checks from largest to smallest because the practice demonstrates that the bigger checks are more importantÊfor businesses. In fact, many banks process checks from largest to smallest.Ê
What ethical consideration affects business practice in foreign countries?
The practice of bribery is common in several countries and is considered a normal business practice. If the bribe is not paid to a businessperson from a country where bribery is expected, a transaction is unlikely to occur.
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.
Being ethical in business is no longer a luxury?
being ethical in business is no longer a luxury. it a necessity
What is ethical practice?
Ethical practice is to honor the beliefs, morals and values of your profession and to help others through the process of unbiased decision making.
What is ethical business?
Business ethics is what is morally good and bad. Its a code of standards.
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.
What legal and ethical issues should a business consider when deciding whether or not to do business globally?
What legal and ethical issues should a business consider when deciding whether or not to do business globally
Dicuss the ethical problems of doing business around the world?
discuss the ethical problems of doing business around the world
Why is ethical management is important to business?
It is important because ethical management is practically considered by all business leaders as relevant to business survival and corporate reputation.
Why are fairness and honesty in business important ethical concerns Give examples?
are fairness and honesty in business important ethical concerns? give examples
Which business practice would likely encourage ethical behavior?
Implementing a strong code of ethics and formal policies that define expected behavior and consequences for unethical actions would likely encourage ethical behavior in a business. Additionally, providing regular ethics training to employees and modeling ethical behavior from top management can also help foster a culture of ethics within the organization.
