Business Ethics

In the present competitive scenario, it is most for organizations, to be honest, ethical, and fair in their dealings, reporting, compliance, etc. Being ethical automatically generates brand name and leads to an increase in its product/ service sales. This has become a necessary tool for the smooth functioning of business in finances. It helps in providing fair treatment to all stakeholders like investors, employees, customers, creditors, government, etc. by building a certain level of trust between the parties involved. Each organization should be ethical in its dealings/transactions.