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Business Ethics - Dwija Entrepreneurs Networking
Business Ethics - Dwija Entrepreneurs Networking
BUSINESS
ETHICS
UPHOLDING VALUES IN THE BUSINESS WORLD
TRUST AND CREDIBILITY REPUTATION AND BRAND VALUE LONG-TERM SUSTAINABILITY AND
At the core of ethical business practices lies the A company's reputation is essentially the perception that PROFITABILITY
establishment of trust and credibility. Companies that stakeholders, including customers, employees, investors, Ethical behavior fosters strong relationships with
prioritize ethical behavior foster strong relationships and the general public, hold about the organization. It is suppliers, partners, and other stakeholders. Long-term,
based on trust with their stakeholders. This trust, in influenced by various factors, including the company's mutually beneficial partnerships based on trust and
turn, enhances brand reputation and credibility, behavior, actions, integrity, and adherence to ethical ethical practices can lead to cost savings, increased
leading to customer loyalty, investor confidence, and standards. Brand value encompasses the worth or efficiency, and sustainable growth opportunities.
a competitive edge in the market. intangible assets associated with a brand. It is influenced
by various factors, including reputation, consumer
perception, and market position.
ETHICAL DECISION-MAKING PROCESS
& ETHICAL LEADERSHIP
• Ethical decision-making is a systematic approach that
guides individuals and organizations in navigating ನೀತಿಯುತ
complex situations where moral principles are at stake.
This process involves several key steps to ensure that
ನಿರ್ಧಾರಗಳು
choices align with ethical values and principles: ಶ್ರೀರಾಮ ಭರತರ
• Ethical leadership sets the tone for an organization by ಮಾತುಗಳು
emphasizing and promoting ethical conduct among its
members. Ethical leaders serve as role models and catalysts
ವಿದುರ ನೀತಿ
for fostering a culture of integrity and ethical behavior:
ETHICAL DILEMMAS IN
BUSINESS