Posted on: 01/02/2020 Posted by: Kageoni Comments: 0

A business is a member of the community and there are roles expected of that business in the community. Peoples’ conflicting beliefs are revealed daily in expressions such as “It’s just business” (which attempts to exonerate commerce of all but the hardest of legislative controls) and, conversely, in aspirations such as “We will only prosper through creating win-win situations with partners and customers”.

Ethical businesses treat both customers and employees with respect and fairness. By following ethical norms and investing in social sectors, the business will earn the respect and confidence of the customer. If the company makes huge profits in unethical way then individual who joins the organisation would also have to practice unethical things to survive in the company.

Your company ethics also apply internally to how you treat your employees and contractors. Lending slowed dramatically and this affected U.S. businesses, individuals, and other countries around the globe. The types of personal goals an individual aspires to and the manner in which these goals are pursued have significant impact on that individual’s behavior in an organization.

Over time unethical behavior continues to increase from 23{29605dee68c1b183c971296e05b1536e8a9cef6d5d48c9b4ef1206285b877a40} in 1941 to 70{29605dee68c1b183c971296e05b1536e8a9cef6d5d48c9b4ef1206285b877a40} in 2005. Ethics are a set of moral principles which are recognized in respect to a particular class of human actions or a particular group, for instance the medical ethics, legal ethics, teaching ethics that brings together people of the same ethic

A reversal of behaviors will also occur in that those who speak out against unethical behavior will be the majority, instead of the majority being those who simply ignore and do nothing when they observe unethical behavior. The general public, as well as company stakeholders, have come to expect that corporations will conduct business ethically and with the highest regard for social ethic