Business Ethics Lecture Notes

business ethics

It propagates welfare of society, increases profitability, improves productivity and foster business relationship. Whenever a businessman observes ethics strictly, definitely the particular business unit will get developed. A business could not be run in such a way, which is detrimental to the interest of society or business itself.

So there ought to be some business ethics for the growth of a business. Unethical practices of businessmen will lead to the closure of business unit. The closure of a business unit doesn’t solely create issues to business but additionally to staff and the society generally.

It is uncertain that something essential hangs on one’s alternative of labels. Businesses as a complete command monumental resources, and as a result can have an infinite influence on society. One way that businesses impression society, in fact, is by producing items and companies and by offering jobs. But companies can also impact society by attempting … Read More

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