ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -A work ethic is a personal set of values that determines how any employee approaches their work. Employees with strong work ethics are highly motivated and produce consistently high-quality results. A good work ethic can be taught as long as more productive behaviours are clearly demonstrated to your employees.

Detailed explanation-2: -What Is Work Ethic? The meaning of work ethic refers to a set of behavioral rules that create a positive environment at work. A strong work ethic can lead to employees being fairly treated, which in turn motivates them and develops a sense of loyalty towards the organization.

Detailed explanation-3: -Workplace Values & Ethics Cacciottolo adds, “Some essential ethics to consider include integrity, discipline, honesty, respect, and accountability. It’s also helpful to consider how to implement choices that reflect chosen ethics. Recognizing and rewarding behavior which upholds company values is crucial.

Detailed explanation-4: -It is divided into three sections, and is underpinned by the five fundamental principles of Integrity, Objectivity, Professional competence and due care, Confidentiality, and Professional behaviour.