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Discussion - Maintaining Financial Ethics
If a company/organization/business wants to operate in a positive reputational light/standing, it must be consistent with all the regulatory laws and practices. They must be honest with their services/ products/employees/shareholders. They must conduct ongoing trainings in professionalism, ethical practices, diversity and customer satisfaction. The higher management must be vigilant and monitor on a regular basis to ensure they are not being dishonest or committing any fraud in any way. A positive work culture should eliminate most of this kind of negative behavior. However even an upstanding organization can make a mistake.
Post a ResponseFor this week's discussion, answer the following:
- What are some of the things a business can do to maintain financial ethical standards and still maximize profits in a competitive market?Respond to a Peer Be sure to respond to at least one of your classmates' posts.
- Read a post by one of your peers and provide a substantive response
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