Ethical Business Flashcards
1
Q
What is ethical business?
A
Considers the ethics and values when making a decision.
2
Q
How is ethical business connected with code of conduct?
A
A code of conduct is formulated for each business which considers ethics/values which must be followed.
3
Q
Aspects of ethical business are:
A
Supplying from ethical suppliers, paying employees and labour above minimum wage, following TBL and maintaining professionalism.
4
Q
Why is doing business ethically important?
A
Because it impacts the social image of the company.
