Question

Business ethics

What are the benefits of ethics program? Discuss at least four distinct benefits.

Answer 1

Business Ethics:- Business ethics process implement business policies and many business practices that helps in business growth.

Below are the benefits of ethics program:-

1. At the time of fundamental change ethics program helps to maintain a moral course so that leaders can understand what is right or wrong for organizational benefits.

2. Helps to pursue strong teamwork and productivity by aligning employees behavior as per ethical values.

3. Ethics programs helps to develop and maintain business ethical image in market. Every organization gives attention to its ethics program so that they can portray strong business image.

4. Ethics programs helps organizations to take right decisions at right time so that they can achieve maximum productivity along with the benefits.