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Essay heading: Business Ethics
 
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Issue: Social Issues
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Date added: February 14, 2004
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No of pages / words: 2 / 356
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Evidence has shown that people who value ethical behaviour will reward those who are perceived to be ethical and punish those who behave unethically. Many customers value an ethical organization with their loyalty, commitment and repeated sales to the business. If they perceive the company as unethical; they would turn against the company...
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If they perceive the company as unethical; they would turn against the company. Many employees who view their company’s decision making processes as unethical, exhibit higher absenteeism, high turnover rates, lower productivity and demand higher wages. In contrast, if they perceive their company as ethical; they would show higher levels of trust and commitment, demand lower wages, and lower levels of turnover and absenteeism...
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