People don’t often remember that what’s good for you and what’s good for other people are often the same thing! Ethics cannot be overstated in importance in the business world for a business to last.
We easily understand that economics or poor business management can cause a business to fold. Let’s dig deeper and think about some of the past million dollar businesses that have failed. Why? What causes such a topple of one’s success. It really is one simple word – morals.
We all know right from wrong but whether we choose to follow the right instead of the wrong makes all the difference. A good business has a great, solid foundation of morals, ethics & integrity. Successful and blossoming businesses not only create the Code of Conduct for their business but they wear it, act it and follow it everyday. They set an example for all to follow and will tolerate nothing less. These my friend are sustaining, successful businesses.
Ethics – moral principles that govern a person’s or group’s behavior.
Integrity – the quality of being honest and having strong moral principles; moral uprightness.
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