Advantage of ethical performance in business in india
Answers
Many people are used to reading or hearing of the moral benefits of attention to business ethics. However, there are other types of benefits, as well. The following list describes various types of benefits from managing ethics in the workplace.
1. Attention to business ethics has substantially improved society.
2.. Ethics programs help maintain a moral course in turbulent times.
3. Ethics programs cultivate strong teamwork and productivity.
4.. Ethics programs support employee growth and meaning.
5.Ethics programs are an insurance policy — they help ensure that policies are legal.
6.Ethics programs help avoid criminal acts “of omission” and can lower fines.
7.Ethics programs help manage values associated with quality management, strategic planning and diversity management — this benefit needs far more attention.