Business Studies

Which of the following can be related as the benefits of behaving ethically by the businesses?


ANSWER

Long term sustainability


SOLUTION
Today, in the contemporary business environment there are numerous changes hand competitors.
Each company meets numerous obstacles if their business plan is not based on business ethics.
Business ethics relates to an individual’s or a work group’s decisions that society evaluates as right or wrong.
The importance of business ethics in the first place is the fact that customers and consumers consciously and subconsciously perceive businesses as ethical.
This fact is more than enough for companies to start with ethical business. Hence long term sustainability can be related as the benefits of behaving ethically by the business.
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