Business ethics

Why is duty of care important in business? The Impact of Duty of Care. It ensures business continuity, maintains employee morale, and supports employee loyalty and retention. Show your employees that you are taking proactive measures to keep them safe. As a result, they will be more motivated and productive than those that feel like … Read more

Is it ethical to breach a contract? The difference between employment-at-will and a contract for employment is that a contract typically requires advance notice, in writing, should either party want to terminate the agreement. Breaking a contract according to the terms of the agreement ? usually through advance notice, in writing ? is entirely ethical. … Read more

What are the most common unethical business practices? 5 Most Common Unethical Behaviors Ethics Resource Center (ERC) Survey Misuse of company time. Whether it is covering for someone who shows up late or altering a timesheet, misusing company time tops the list. Abusive Behavior. Employee Theft. Lying to employees. Violating Company Internet Policies. Read more … Read more

Does the BBB have any power? The BBB, as a privately held corporation, has no governmental authority over businesses.”” The BBB is not to be confused with the FTC, the government’s consumer protection agency. The BBB is a private nonprofit organization, much like Mozilla, who makes my favorite web browser, Mozilla Firefox. Read more on … Read more

What are business values? Business values can be: the principles you stand for personally ? for example, integrity, perseverance, determination, innovation, respect, passion and fair-mindedness. From a customer viewpoint, values are the kind of service they can expect to get when they deal with your business. Read more on www.business.qld.gov.au Values are the tenets, attitudes, … Read more

Is Second Cup ethical? At Second Cup, we only source our tea from members of the Ethical Tea Partnership, an equal-opportunity employer (just like us!) focused on good farming practices and living wages. Health, safety and sustainability is at the heart of all they do, through all links in the tea supply chain. Read more … Read more

Can a CEO of a charity be paid? Charity trustees ultimately decide pay ? not the CEO or other senior staff. Trustees are nearly always unpaid volunteers and the buck stops with them. Read more on www.dsc.org.uk Charitable organizations are those that were founded with the intention of advancing a certain cause or assisting a … Read more

Is a hospital a business? In the U.S., healthcare is now strictly a business term. Healthcare organizes doctors and patients into a system where that relationship can be financially exploited and as much money extracted as often as possible by hospitals, clinics, health insurers, the pharmaceutical industry, and medical device manufacturers. Read more on www.ncbi.nlm.nih.gov … Read more

How do unethical practices affect business? Unethical behaviour has serious consequences for both individuals and organizations. You can lose your job and reputation, organizations can lose their credibility, general morale and productivity can decline, or the behaviour can result in significant fines and/or financial loss. Read more on www.winnipegfreepress.com Businesses and their reputations can be … Read more

Business practices are the strategies and tactics employed by organizations to accomplish their aims and objectives. Depending on the intention and effects on different stakeholders, these behaviors may be lawful or illegal, ethical or unethical. Even though most companies try to operate in accordance with the law and moral standards, some do so in ways … Read more