Define Ethics and discuss ethics w r t organizational factors-02215
This subjective question is related to the book/course
vu mkt630 International Marketing.
It can also be found in
vu mkt630 Mid Term Solved Past Paper No. 1.
Question 1: Define Ethics and discuss ethics w.r.t organizational factors
Answer:
Corporate or business ethics have attained vital importance in today's world. The issue not only addresses matters such as how those charged with governance and managing businesses take decisions but importantly the employee conduct and behavior the corporations responsibility in terms of its image, product, branding, trade, business practices and compliance with not only national and regional but also international laws.The huge number of financial and corporate scandals has moved the regulators to take suitable action. In Pakistan all listed companies particularly are required to follow the code of corporate governance.