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Select a small business with which you are familiar and develop a plan of action for encouraging ethical behavior

Business

Select a small business with which you are familiar and develop a plan of action for encouraging ethical behavior.

Provide specific examples to support your response. Analyze a business's responsibilities to the environment, employees, customers, investors, and the community, and determine which is the most important.

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Any small business can follow the following process in order to encourage ethical behavior in their organization.

  • Training should be provided to the employees of the organization if they are not aware of the code of ethics that are to be followed.
  • Rewards should be given to the employees for following up on all the guidelines of the code of ethics laid by the business organization.
  • The organization should set up a feedback mechanism so that employees can report if he finds some unethical behavior by any other employee.

Business responsibilities to the:

Environment: the business organization should take care of the environment and must make sure that it does not pollute the environment and exploit natural resources to an extent.

Employees: business organization is responsible for offering safe working conditions to the employees and offer fair wages to all the employees in the organization.

Customers: business organization is responsible for offering quality goods to the customers at a reasonable rate prevailing in the market.

Investors: business organization is responsible for using the capital invested by investors in an efficient manner, it should not misuse the money and must offer fair returns on their investments.

Community: business organization is responsible for respecting the rules and regulations of society. It has to survive and respectfully serve society and must to disregards the beliefs of any one community.

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