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People like to know they are dealing with nice people. Having a reputation for good ethics means people will think you are freidnly and nice, so they will prefer to deal with you (you will give them what the want and listen to them, etc.) than a competitor who is known to be not so good.

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Q: Why do many corporations actively encourage ethical behavior?
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Related questions

What are 10 things a college does to encourage ethical behavior by students?

behvio


Which business practice would likely encourage ethical behavior?

Implementing a strong code of ethics and formal policies that define expected behavior and consequences for unethical actions would likely encourage ethical behavior in a business. Additionally, providing regular ethics training to employees and modeling ethical behavior from top management can also help foster a culture of ethics within the organization.


What can you do to encourage ethical behavior and increased social responsibility?

I will create willingness or moral in the minds of people who are not aware about that.


How can ethical behavior be encourage?

Ethical behaviour is not something which will come quickly if people do not already possess it. But, certain techniques can be applied to encourage ethical behaviour. These include: - For starters be a good role model as you can be a source of inspiration. If you do something others will also do it. - Give examples of how ethical behaviour has helped or can help others and yourself. - Speak truthfully and honestly about any information you may be providing to those you want to encourage. - Make sure you point out their good deeds and use them as an example to further encourage them or reward them for such deeds.


The opposite of ethical behavior in science is?

Reckless behavior in science is opposite of ethical.


What is the opposite of ethical behavior in science?

Reckless behavior in science is opposite of ethical.


What has the author James J Lynch written?

James J. Lynch has written: 'Cyberethics' -- subject(s): Computer science, Mass media, Moral and ethical aspects, Moral and ethical aspects of Computer science, Moral and ethical aspects of Mass media 'The psychology of customer care' -- subject(s): Consumer behavior, Customer services, Psychological aspects, Psychological aspects of Customer services 'Corporate compassion' -- subject(s): Business ethics, Corporations, Industrial relations, Moral and ethical aspects, Moral and ethical aspects of Corporations, Religious aspects, Religious aspects of Corporations, Social values


Definition of ethical behavior?

Ethical behavior is the right way to act. Such as honest, fair, faithful and respectful.


Does the US have any ethical codes for finance?

It is not uncommon to find established ethical codes and ethical offices in American corporations and in financial markets.


Does law require ethical behavior?

Many laws require ethical behavior, and, in rare cases, some laws may require unethical behavior.


Does legal behavior and ethical behavior mean the same in retailing?

No.


Who sets the tone for ethical behavior in an organization?

Customers, investors, employees, and the public set the tone for ethical behavior in an organization.