In a competitive marketplace "good ethics" is a wonderful idea but an impractical standard. There are simply too few benefits to be gained from maintaining high business ethics-The stated statement is Flase
Step-by-step explanation:
Business ethics and corporate social responsibility brings a lot of profit to the business organization.
Ethics refers to an individuals judgement about what is morally correct or wrong
Some benefits of Business ethics are
- Business ethics helps an organization to restore the customers faith in the organization,which leads to an increase in the business profit.
- Business ethics program's in an organization helps the organization to address ethics and violation issues at the earliest
- The values related to the quality management,issues related to diversity can be easily resolved by using the business ethics program's