Why is ethical behavior important to business?

Q: Do firms have any responsibilities to society atlarge?

A: The answer is Yes, firms have a lot of responsibilities to the society. Also, small businesses still…

Q: Is business ethics an oxymoron?

A: Ethics:   Business ethics refers to a set of moral codes and guidelines that governs corporate…

Q: What is the concept of organizational culture and corporate culture?

A: Organizational Culture -  Organizational Culture means values and beliefs which guide how people…

Q: What are the benefits to a company of maintaining and encouraging high ethical standards?

A: Ethical standards can be defined as the set of ethical principles followed by business organizations…

Q: Business ethics is the study of problems and issues which involve ethical problems faced by…

A: Business ethics can be defined as the study of appropriate business practices that are associated…

Q: Discuss the dangers of ignoring the impact of business decisions on the full range of stakeholders,…

A: In every business, decision-making is the most important thing for business continuity. Businesses…

Q: How could companies avoid entering into ethical conflicts in the global environment?

A: Ethical aspects have to be considered and applied by all the organizations; so that, the business…

Q: Business ethics is the study of problems and issues which involve ethical problems faced by…

A: Business ethics is a very important study that a business  organization must apply on its executers…

Q: What are the main drawbacks of adopting the stakeholder approach as the basis for setting the…

A: A business or an organisation is run to achieve the objectives set for the organisation. The…

Q: What is Corporate Governance? What are attributes and the importance?

A: Good corporate governance is beneficial to corporate success and economic growth in the long run. In…

Q: Evaluate earnings management from a utilitarian perspective. Can earnings management be an ethical…

A: Earnings management is the purposeful intervention in the external reporting purpose with the intent…

Q: How would you define business ethics?

A: Business ethics: Business ethics is a practice of suitable commercial rules concerning possibly…

Q: How are high-context and low-context cultures different? Which of these is the best culture for…

A: Communication is a process of exchange of ideas, thoughts, information’s from one person to another…

Q: An ethical problem may arise for a company expert who is trying to address the needs of people who…

A: A professional in the public eye have a duty to verify his clients' legitimacy. A public…

Q: Explain how whistleblowers can contribute to a company's ethical behaviour?

A: Whistleblowers contribution to companys ethical behaviour: Whistleblower:  whistleblowing means…

Q: What is business ethics?

A: Ethics:   Ethics in business is a much debated yet less followed topic. Every business has to…

Q: Should firms behave ethically?

A: In order to survive in the competitive market for a very long period of time the business firms are…

Q: Why might one expect managers to act in shareholders' interests? Give some reasons.

A: Managers would act in shareholders’ interests as a result of they need a duty to act in their…

Q: Explain the operation of the contra proferentem rule. Is such a rule defensible in today’s business…

A: Contra proferentem rule: The rule of contra proferentem is a legal doctrine in contract law that…

Q: Explain the relationship between corporate ethics and internal control.

A: Corporate ethics: Corporate ethics are also known as business ethics. It refers to policies,…

Q: Explain how business ethics relate to internal control.

A: Internal control guarantees that management follows legal guidelines and sets the tone for the…

Q: definition of business ethics?

A: Answer: Concept: Business ethics is also known as professional ethics.

Q: How can a business owner identify risk exposure?

A: Introduction: Risk can be characterised in terms of the uncertainty of future consequences resulting…

Q: Studies have found a direct relationship between social responsibility and _______ in business

A: Corporate social responsibility is a  self-regulation that have the objective to contribute to goals…

Q: How cultural and political aspects are important for business?

A: Business is influenced by political-economical, environmental, technological, legal, and…

Q: Which of the following term is related to the compliance of business ethics? O a. Public image O b.…

A: The entity needs to comply with their business ethics for long term growth and focus on both…

Q: What are the different types of risks associated with businesses?

A: Standard Disclaimers“Since you have asked multiple question, we will solve the first question for…

Q: Give an example of how cardinality relates to business policy.

A:

Q: How are financial accountants pressured when they need to make ethical decisions in their work? Is…

A: The GAAPs provide the guidelines on accounting policies to be followed in the preparation and…

Q: Why are internal accounting controls important to a business? What are advantages vs. the…

A: Internal control refers to a systematic procedure to be followed by the personnels of a company to…

Q: Why do you think ethics is so important in accounting and business in general

A: Ethics in Accounting and business mean a set of specific guidelines or code of conduct which are…

Q: Why is there a need for a company to be transparent in informing its investors on what is happening…

A: Investors of the business are those people who invest money in the business by purchasing shares of…

Q: Business is a sub- system of Society‟. Which of the following option supports this claim? Choose…

A: Corporate Social Responsibility is a management concept whereby companies integrate social and…

Q: why is it essential for a corporate manager to balance the interests of society and shareholders?

A: Corporate social responsibility or CSR is a type of business model that makes the companies socially…

Q: Why should a financial decision maker such as a corporate treasurer or CFO be concerned with market…

A: The financial decisions of the business include the raising of funds from different sources and the…

Q: A well-run company should align the management’s interest and with the owner’s interests. What are…

A: An organization with a good corporate governance has the interest of the management and the…

Q: Explain the links between stock price, intrinsic value, and executive compensation

A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…

Q: What is business law about and how does it help us?

A: Business laws is also known as commercial law or mercantile law... In doing business the company has…

Q: How can you describe how America's ethical reasoning might disrupt global business?

A: Answer:-  Ethical reasoning meaning:- "Ethical reasoning can be defined as the ability to recognize,…