0 votes
in Revision by

Why should ethical practices be observed by the business?

1 Answer

0 votes
by (58.9k points)

Reasons for ethical practices in business include;

  • To ensure workers are paid fairly and on time.
  • To ensure that there is no discrimination of employees.
  • To create fairness in competition.
  • To ensure rights of employees are protected / upheld.
  • To avoid corruption / ensure responsible promotion.
  • To avoid consumer exploitation.
  • To ensure protection of the environment / hence no pollution.
  • To ensure compliance with country‘s laws and regulations.
Welcome to Kenyayote Q&A, where you can ask questions and receive answers from Kenyayote staff and other members of the community.

Before you ask, search the website to make sure your question has not been answered.
If you are ready to ask, provide a title about your question and a detailed description of your problem.
...