Why do I believe good PR and business ethics are inextricably linked? There are many reasons for an organization to follow unethical practices they are personal gain and selfish interest, competitive pressures on profits, business goals and personal goals, cross cultural contradictions. A proactive business leader formulates a statement of organizational values that employees of the company are expected to embrace – at least while performing duties in the service of the company.
A corporation’s environmental policy, the way they treat their employees and the way they treat the communities they exist in are all part of their overall behavior and this in turn is the principle factor in determining their public image. Even though there are many issues when we talk about business ethics, what I want to say now is about one and, in my opinion, the most awful mistake people do when doing it. That is placing their need ahead of the need of their customers.
These agencies rely on social networking of their insurance agents, to get them good customers. Organizations look up to individuals having special traits of a leader and like to take them up as employees so that, their contribution helps in taking the organization to a higher level.
These two cases throw a light on how an organizations as well as economy of the country or in large the world can be impacted with their unethical practices. Often what is “right” is not necessarily what is legal, and a business must consider this conflict when making ethical judgments.
And public image is important to success in most cases, which is one of the reasons as to why business ethics are important to a company’s overall success. 9. Business Ethics are values-based. There are so-called professional ethics, and in particular – business ethics, which includes standards of entrepreneur behavior.