What is the importance of ethics in business and our community. Examples and why.?
Answer:
Quick answer is that it makes the world a better place to live.
For example when oil prices go up and gas stations raise there prices. This is legal, but to what point? How far can they decide to raise the price before consumers realize that they are being ripped off? In other words it is unethical to price gouge. This is just one example of a business being unethical towards the community.
You may want to look closely at the definition of ethics and how it pertains to rules that you follow everyday in your place of business and community.
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