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Professionalism and Ethics
Professional, responsible, ethical business practice
Advantages of ethical business ventures
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Examples of Ethical business practices
Business > TERM 2 > Professionalism and Ethics > Professional, responsible, ethical business practice > Advantages of ethical business ventures
7 cards
Cards (13)
Businesses can build a good
reputation
and attract more
investors
, thus increasing profitability
Customer
loyalty
is created and nurtured, and a
positive
business image will be created.
Staff
morale
can be build and
maintained
by paying employees fairly
Staff who are hard-working and productive will be
loyal
and
decicated
to the business
Positive
relations will develop between
co-workers
, which will result in improved productivity
Businesses that become compliant with environmental
regulations
will avoid unnecessary fees or
sanctions
See all 13 cards