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In what ways can entrepreneurs observe ethics in the management of their business?

Give ways in which entrepreneurs can observe ethics in the management of their business.

Answers


Maurice
(i) By eliminating use of unfair means of achieving business objectives such as hoarding and selling of counterfeit goods.

(ii) By not discriminating employees in terms of gender, ethnicity and religion.

(iii) By offering fair prices on goods and services to avoid consumer exploitation.

(iv) By compliance with the country's laws and regulations.

(v) By providing quality goods and services.

(vi) By practicing fair business practices with competitors.

(vii) By having zero tolerance to corruption in business dealings.
maurice.mutuku answered the question on July 21, 2017 at 08:22

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