Uploaded on Jun 24, 2022
The choices you make in the workplace can affect your company, clients, and community. Organizations rely on leaders and employees to make the right choices in the workplace, even if it is difficult. Using a clearly defined set of standards helps team members understand the company’s expectations of their behavior. This article discusses why ethical principles are essential in business and share a list of ethical business practices.
10 principles of business ethics
10 principles of
business ethics
Overvie
w
The choices you make in the workplace can
affect your company, clients, and community.
Organizations rely on leaders and employees to
make the right choices in the workplace, even if it
is difficult. Using a clearly defined set of
standards helps team members understand the
company’s expectations of their behavior. This
article discusses why ethical principles are
essential in business and share a list of ethical
business practices.
What are the Ethical Principles in
Business?
Business ethics refers to the ethical standards set by a
company and by the individual employees in the organization.
These principles consider values, norms, rules, and industry
rules that determine how people behave in the workplace and
how the business operates in society.
Consumers know more about how businesses operate. When
organizations work with a solid ethical foundation, their trust
grows, gaining credibility among customers and employees. A
strong reputation builds a loyal customer base. Achieving legal
and moral success is a more sustainable, stable approach to
long-term success.
Build 10 Principles of Business
Ethics
Promote teamwork
Lead by example
Outline the results
Allow employees to report unethical behavior
Transparency
Responsibilities
Loyalty
Honesty
Compliance
Implementing ethical practices
For more information Visit:-
https://www.hirect.in/blog/how-to-build-ethical-principles-at-work/
Conclusio
n
Ethical principles in the business refer to the ethical
standards set by a company and by the individual
employees in the organization. These ethical principles in
business take into account values, norms, rules, and
industry rules that determine how people behave in the
workplace and how the company operates in society. When
organizations work with a solid ethical foundation, their
trust grows, gaining credibility among customers and
employees.
For more information
Visit:-
https://
www.hirect.in/blog/how-to-build-ethical-principles-at-work/
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