ENTREPRENEURSHIP

Detailed explanation-1: -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.

Detailed explanation-2: -Ethics for business have changed over time but they’re important for every company. Running a business with ethics at its core from the top down is essential for company-wide integrity. Behaving in a consistently ethical manner can lock in a solid reputation and long-term financial rewards for companies.

Detailed explanation-3: -Ethical issues in business occur when a decision, activity or scenario conflicts with the organisation’s or society’s ethical standards. Both organisations and individuals can become involved in ethical issues since others may question their actions from a moral viewpoint.

Detailed explanation-4: -Individual, social, and opportunity factors all affect the level of ethical behavior in an organization.