Question

Discuss the role of ethical decision making for growth of business

Answer 1

A business is an entity of many parts. Within that entity, there are both written and unwritten principles that drive actions, ideas, and decisions. ... Similarly when employees see their leaders being treated equally in ethical decisions and issues, it inspires trust.

Answer 2

Role of ethical decision making for growth of business

Explanation:

Ethics deals with the difference between what is morally right and morally wrong. Business ethics is application of ethics in day to day activity of business. though few people believe that it has short term limitations for business but ethical decision making helps in long term growth of the organization, with the following-

• An ethical company is socially responsible and hence they get recognition in long run as well as they gain goodwill leading to growth.
• it brings reward in the form of acceptance in the eyes of all the stakeholders.
• Ethical company does not indulge illegal activity and hence they are free from any penal action which also helps in long term growth.

Learn more:

Role of ethics in business

https://brainly.in/question/7410032