IMPORTANCE OF BUSINESS ETHICS

In the world of business, ETHICS are extremely important, because they mark the way the world of commerce should behave, in or outside a company.

Determining the guidelines of the buisness world avoids it becoming a mess, with no limits. Because in business, it is not only about knowing monetary values or how to perform a purchase, but also about knowing how to follow guidelines that will lead to success.

These guidelines a company must follow will generally be oriented to better external relations, however, it is not less important that the members of that company, have their own ETHICS in order to provide a better organization and development.

If a company´s ETHICS are not right, or are not being correctly apllied, it may get in severe trouble, with externals and inside the company as well. As the following recent example that has caused shock worldwide:

Business ETHICS are a code that must be well known in every company, but well aplied as well.

 

 

 

 

 

 

Hartung, A. (26 de april de 2012). Walmart´s Mexican Birbery Will Sink It Like An Iceberg Sank The Titanic. Recovered on agust 24, 2012, from Forbes: http://www.forbes.com/sites/adamhartung/2012/04/26/walmarts-mexican-bribery-scandal-will-sink-it-like-the-icerberg-sank-the-titanic/

The Business Dictionary. (s.f.). Recuperado el 24 de agosto de 2012, de Definition of ethics: http://www.businessdictionary.com/definition/ethics.html