Business ethics - objectives of business entity, Finance Basics

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.
Posted Date: 1/29/2013 1:17:40 AM | Location : United States







Related Discussions:- Business ethics - objectives of business entity, Assignment Help, Ask Question on Business ethics - objectives of business entity, Get Answer, Expert's Help, Business ethics - objectives of business entity Discussions

Write discussion on Business ethics - objectives of business entity
Your posts are moderated
Related Questions
Relationships and interactions among money, bond, stock and mortgage markets

Find the costs of financing for two schedules of monthly payments on a 25-year mortgage. The cash value of the house today is $500,000. You are paying monthly at a fixed rate of 6%

Quetion1: You are earning 5.2 percent on a certificate of deposit. Inflation is running 3.5 percent. What is the real rate of return on your investment? Question2: Search for

Asset: - An asset stands for an item of value owned and controlled by an organization which can generate revenue for the organization or can help in generating the organization re

For any company that is quoted on the London Stock Market, you are required to write a report to existing shareholders on any TWO of the following issues. Each answer carries equal

Determine the Functions of New Issue Market The key function of new issue market is to facilitate transfer resources from savers to the users. Savers are individuals, insura


DEFINE THE TERM OPTION IN DETAIL?

Gross requirements of MRP System Accumulation of demand for this item from all sources independent and dependent. For instance, customer orders, spare part requirements, repla

Regan Inc., was founded nine years ago by brother and sister Carrington and Genevieve Regan. The company manufactures and installs commercial heating, ventilation, and cooling (HVA