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Homework answers / question archive / Select a small business with which you are familiar and develop a plan of action for encouraging ethical behavior
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.
Any small business can follow the following process in order to encourage ethical behavior in their organization.
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.