Author Question: Research has shown that more diverse organizations have better financial performance. Indicate ... (Read 27 times)

awywial

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Research has shown that more diverse organizations have better financial performance.
 
  Indicate whether the statement is true or false

Question 2

Do you believe that good ethics is good business? Explain your answer.
 
  What will be an ideal response?



Tonyam972

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Answer to Question 1

TRUE

Answer to Question 2

People promoting ethical behavior in business argue that ethical decision making is good for business. Benefits of being ethical include:
1 Improved financial performance: People prefer to deal with ethical organizations.
2 Reduced operating costs: Efforts to protect the natural environment also help save money.
3 Enhanced corporate reputation: Customers are loyal to businesses perceived as being ethical.
4 Increased ability to attract and retain employees: People like to feel proud of where they work.



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