How Ethics Affects Business Relationships Within An...

Business ethics, business relationships and leadership make immense contribution towards influencing an organization’s overall existing culture. They all play a key role in an organization s development, success, and achievement through various aspects. There are numerous ways in which business ethics, business relationships, and business leadership affect an organization’s culture. These impacts can have either positive or negative repercussions. Some of the ways through which the business culture is influenced are outlined in the following sections. (a) How ethics affects business relationships within an organization. Ethics and ethical behaviors are the essential parts of healthy management. From a management perspective, behaving ethically is an integral part of long-term career success. Wide access to information and more business opportunities than in the past qualifies ethics as a key necessity in business world. Management ethics is the ethical treatment of employees, stockholders, owners and the public by a company in a fair manner. A company should have commendable ethics in place besides striving to make profits. In other words, employees should be treated well, whether they are employed in their hometown, country or overseas. By being respectful of the environment in the community a company demonstrates exceptional ethics. Excellent record keeping also play a pivotal role since this acts as a respectful gesture towards stakeholders and owners. Furthermore, itShow MoreRelatedBusiness Ethics, Leadership, And Business Rel ationships972 Words   |  4 Pages Business Ethics Samuel .A. Amah Columbia Southern University Abstract The reflection paper critically examines business ethics, leadership, and business relationships and how they are interrelated and contribute to an organization’s overall culture. 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