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Business Ethics - Objectives of Business Entity

Connected to the question of social responsibility is the matter of business ethics. Ethics are explained as the "standards of manner or moral behavior". It may be consideration of as the company's attitude to its stakeholders, such as its suppliers, customers, employees, community in common creditors, and shareholders. High standards of ethical manner demand such a firm treat each o these Constituents in honest and a fair manner. A firm's commitment to business ethics may be measured via the tendency of the firm and its staff to adhere to regulations and laws involving to as:

Product quality and safety
Fair service practices
Fair selling and marketing practices
The needs of confidential information for personal achieve
Illegal political involvement
Bribery or illegal payments to achieve business.

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9519862

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