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Business Ethics; For Organisation to develop a code of ethics which acts as a guide to the development and implementation of their policies and procedures.
there is a very thin line between crossing the line to unethical practices, chasing large profits usually causes organisations to cross this line to unethical practices
Business ethics is also an important tool to introduced to an organization. Lack there of could spell big trouble.
Well understood.
What legal action can be taken when an organisation is not conducting it's operation according to it's ethics?
This is unavoidable thing to use in big companies
Putting in place appropriate code of ethics and ensuring strict compliance and maintaining internal and external discipline will help the company succeed in a lot of ways.
work ethics in work place give your worker more reason to work with
Business ethics are moral standards and principles that underpin the organisation's policies and procedures.Judgments that an organisation makes in terms of what is wrong and what is right.
Business Ethics underpins all aspects of functionality an organization flows into. As managers is important that we lay out completely, to all the employees, how our organization would conducts itself in every transaction/dealings within and outside the organization.