What is The Importance of Ethics in Business?

Unethical behavior has consequences for future business.

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Ethical behavior includes honesty, fairness, integrity and understanding.

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There are several ways to encourage an ethical workplace culture, including establishing a company-wide code of ethics.

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Service excellence is a necessary, but insufficient, condition for success.

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Build service and ethical climates that operate in tandem to guide service

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and ethical behaviors among employees without supervision.

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Business owners should take corrective actions before unethical behaviors occur by periodically measuring employees’ perceptions of the company’s ethical climate.

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