Why is business ethics important

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Reference no: EM133696965

Assignment:

Give a minimum of three sentences of explanation for each.

  1. Why is business ethics important?
  2. What are some potential benefits to a business of having strong ethical standards?
  3. How can ethical standards help build trust with customers and other stakeholders?
  4. How can ethical standards help a business protect its reputation and brand?
  5. How might the Seven Grandfather Teachings provide guidance for business ethics codes of conduct?
  6. What's the definition of Corporate Responsibility?
  7. Where did the term Corporate Responsibility originate?
  8. What are some potential risks to a business of failing to adhere to ethical standards?
  9. What are some ways for a business to establish and ensure ethical compliance?

Reference no: EM133696965

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