Appropriate ethical behaviour is important in business because:
A) organisations conducting business in an ethical way enhance their prospects of survival and growth.
B) there is a community expectation that businesses will act in a courteous way.
C) surveys show that business ethics and good, ethical communications are less valued.
D) all of the above.

Question

Quizplus · Accepted Answer

Organisations that conduct business in an ethical way enhance their prospects of survival and growth. Acting ethically can help establish a positive reputation in the marketplace, attract and retain customers, and build trust with stakeholders. The other options are not accurate. It is incorrect to say that there is a community expectation for businesses to act in a courteous way, rather than an ethical way. Finally, surveys consistently show that business ethics and good ethical communication are highly valued by stakeholders.

Appropriate Ethical Behaviour Is Important in Business Because