Why are business ethics important?
Answer
Business ethics is important because it keeps business people to operate within a moral and legal pedestal that not only leaves them satisfied internally but also increases sales because most people like dealing or doing business with honest businessmen. Also if the public or your potential customers recognize you to be engaging in improper business deals, they will turn away from you.
1 Additional Answer
Business ethics are the codes of values and principles that govern the actions of an individual or a group. A business cannot be more or less ethical than the people who run it. Therefore, for a business to maintain good customer relations and consequently, profitable success, it needs to be run by individuals with strong ethical values.
Q&A Related to "Why are business ethics important"
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When a business does not have ethics in it's everyday work atmosphere, the long lasting effects can be disastrous and often times, even fatal, to that business. You can find more
http://answers.ask.com/Business/Other/why_is_busin...
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Poor business ethics will look bad for a business. Important networks that companies need to build will become harder to establish as no other business person, or business, will want
http://www.ehow.com/facts_5993107_important-study-...
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- Cheaters never prosper. Eventually dishonesty catches up. Why risk it? Ethics are also important to shareholders because lack of those ethics endangers the wealth of the investors
http://wiki.answers.com/Q/How_important_are_busine...
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Business ethics are very important in pertaining to customer views of company. Its an image factor for the company. Other companys really do not want to do business with a company
http://wiki.answers.com/Q/What_are_the_importance_...
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