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Importance of business ethics it is generally viewed that good business ethics promote moods business. So business ethics has its own importance Some of them are as follows: 1.Increases goodwill: Ethical conduct of business enhances its reputation. People do not like to deal with fraudulent and mischievous businessmen. If an establishment follows a goods ethical standard, people will deal with them and tell others about that business so it helps to enhance the value of goodwill. 2. Helps to increase mutual trust and confidence: According to Prof. Robert Bay, “when ethical conduct is displayed, it puts some kind of
Importance of business ethics it is generally viewed that good business ethics promote moods business. So business ethics has its own importance Some of…