Importance of Business Ethics

So first of all, do we all know what business ethics is? In case you don't here we go. Business ethics is the system of morals or ethics that a company basis on and applies to its behavior in the world of commerce. They apply with single customers as with large customers. Is about the examination of the appropriate constrains as for one self to the company when actions from people or other companies affect and/or get involved.

Now having already defined it the questions are: What is business ethics importance? and What is its importance around the world of commerce? The answer to first question is that business ethics used correctly give the company a good or better reputation in society. People will always prefer companies that have ethics in their job, they want the company to have values for it to be a real company of trust. Now if we want to know what is its importance around the world of commerce we find that Ethics in Businesses are helpful to create structures that are inviting for the members. In another hand it is important because it brings trust, grows reputation stronger and this makes the business more productive.

Business Ethics are also important because as known the commerce world is very competitive in order for it to have structure and organization there must me some rules and principles to be followed and guide the businesses toward an positive improvement of them. And because people are always involved  in the company ethics are always in need to flow for the creation of a good environment at work and a good impression outside of it.

For making a good impression of the company on business ethics, they must be first applied at work and then take them externally to the public in general, but evert worker must put business ethics in practice every working day.

Business Ethics can get a bit complicated but if you research enough about them to understand them then you'll get to apply them correctly and make of your business a better company.



For some business ethics explanations and examples you can check out the next videos, they might be of some help:

-Fabiola Martínez Leppäniemi

Sources

Marcoux, A. (2008) Business Ethics. Recovered on August 22nd of 2012 from: http://plato.stanford.edu/entries/ethics-business/

Algoe, S. (2011) Business Ethics. Recovered on August 22nd of 2012 from: http://saraalgoe.hubpages.com/hub/Business-Ethics32

Ethic Sage. (w. d.) Business Ethics. Recovered on August 22nd of 2012 from: http://www.ethicssage.com/ethics-resources.html