In conducting business, a firm and its owners have the right not to be subjected to?

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04-08-2022
Business

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In conducting business, a firm and its owners have the right not to be subjected to?

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sakshigupta4990 sakshigupta4990 · Answer 1 · 2022-08-10T21:26:52+02:00

In conducting business, a firm and its owners have the right not to be subjected to politically correct statements.

Businesses should be run ethically for many reasons. To maintain a good reputation. Retain existing customers and attract new ones. to avoid litigation. Reduce employee turnover. To avoid government interference. To please customers, employees, and society.

Business ethics is nothing but the application of ethics in business. Business ethics is the application of general ethics to business conduct. Ethical business conduct promotes and promotes the well-being of society, improves profitability, and enhances business relationships and employee productivity.

Social responsibility programs increase employee morale, lead to increased productivity, and impact company profitability. Companies that implement social responsibility initiatives can increase customer retention and loyalty.

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