Question

State four Reason for ethical practices in business

Answer 1

Answer:  

1. Ethics lays the strategic decision-making. Leaders and workers of a business characterized by ethical behavior make decisions that are socially acceptable. They allow all the stakeholders to participate in the decision-making process.

2. They increase employee retention. Employees always want to stay longer in a business where the employers value their rights and opinions. To them, their basic needs are satisfied.

3. An ethical business attracts investors. A business that promotes ethics in its management and operations create an investment-friendly environment. Investors like putting their money where they are sure it is safe.

4. Ethics minimizes costs. Fewer funds are spent in employee recruitment since most employees are retained in the business.

Answer 2

Answer:

Service Configuration & Activation processes encompass allocation, implementation, configuration, activation and testing of specific services to meet customer requirements, or in response to requests from other processes to alleviate specific service capacity shortfalls, availability concerns or failure conditions.

Explanation:

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