Tags: customer honesty

Political ideology detrimental to economic system

Legal system of a country greatly influences the way business operates. Political and legal systems, to certain extent, determine the kind of economic system a country has and it governs the business activities. The government is the formal institutions and processes that are responsible for making and enforcing the collective decisions for society and the…

Ethics empowers business

Businesses cannot just concentrate on earning more and more through any means and tactics. They are responsible to the communities and the environment in which they operate. This is corporate social responsibility (CSR). Ethics of doing business responsibly is integrated into CSR in one way or the other. A community, a business or a group…