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Minimum Ethical Standards

Satisfactory Essays
Minimum ethical standards set up the business standards and code of Ethics because small businesses and privately held companies have ethical duties. Also something organizations have to stick with when carrying out affairs and the organizations can be either small business or privately owned. My answer is yes. The employer, employees, customers, and vendors are whom they owe duty to. Dignity, fairly, respects, and equally is the way we should all be treated. An organization can be successful if it’s being built on objectives, values, constraints, beliefs, and goals which boil down to the understanding of the organization. A great ethical habit consist of paying employees on time and also paying bills on time while promoting a climate that’s
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