What Are Importance Of Ethics In Business Communication?
Simply put, if you perform unethical business practices, the consumer will lose trust in your company and product and there will be no return customers. This leads to the business failing and a loss of investment to the owner and any investors. It is not always easy to take the ethical route in business but it is important to do so in order to remain successful. Ex: With fuel going for four dollars a gallon, if a gas station charged for five gallons at the pump but the customer only received four gallons due to tampering with the internal computer of the pump, customers will stop visiting this station. This would be unethical and result in business failure.