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 an 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 behave ethically enhance their reputation and increase customer loyalty, which ultimately leads to better prospects of survival and growth. It also helps in attracting and retaining talented employees and building strong relationships with stakeholders, including customers, suppliers, and the community. Thus, ethical behaviour is important for the long-term success of businesses. Option B is partially correct, as community expectations do play a role. Option C is incorrect, as studies show that ethical behaviour and good communication are highly valued by stakeholders.

Appropriate Ethical Behaviour Is Important in Business Because