A company's ethics will determine its reputation. Good
business ethics are essential for the long-term success of an organization.
Implementing an ethical program will foster a successful company culture and
increase profitability. Developing a Business Ethics program takes time
and effort, but doing so will do more than improve business, it will change
lives.
A company's ethics will have an influence on all levels of
business. It will influence all who interact with the company including
customers, employees, suppliers, competitors, etc. All of these groups will
have an effect on the way a company's ethics are developed. It is a two-way
street; the influence goes both ways, which makes understanding ethics a very
important part of doing business today. Ethics is very important, as news can
now spread faster and farther than ever before.