Ethics

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define: ethical behaviour
employees act in a moral manor as part of their job
1 of 5
2 advantages of ethics
1) companies can use their ethical stance to help marketing 2) helps companies avoid bad publicity
2 of 5
2 disadvantages of ethics
1) raise costs 2) reduce revenues
3 of 5
how to create an ethical business
1) bench marking - using other firms as good practice 2) test the idea - on small part of business 3) make it work - training schemes
4 of 5
End of flash cards
End of flash cards
5 of 5

Other cards in this set

Card 2

Front

2 advantages of ethics

Back

1) companies can use their ethical stance to help marketing 2) helps companies avoid bad publicity

Card 3

Front

2 disadvantages of ethics

Back

Preview of the front of card 3

Card 4

Front

how to create an ethical business

Back

Preview of the front of card 4

Card 5

Front

End of flash cards

Back

Preview of the front of card 5

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