There are many reasons to have ethical practices in a business; your employees would essentially do whatever that wanted, without any regard for punishment. This is why most companies have policies and procedures that are in place to keep employees focused and accountable. First, sexual harassment/harassment in the work-place, rules have been set in place to keep this from happening, and to be able to hold the harasser accountable for their actions. Secondly, code of conduct, the way you dress may distract potential customers from their business, if they were essentially able to wear anything they wanted.
Furthermore, integrity is an important factor, such as honesty and trustworthiness. Having good ethical practices in a business are very important from a small business to a large company, these are standards that make businesses more successful, from the way your employee acts to the way they dress and here’s why. “Sexual harassment is bullying or coercion of a sexual nature, or the unwelcome or inappropriate promise of rewards in exchange for sexual favors. In most modern legal contexts, sexual harassment is illegal. Most companies have sexual harassment/harassment policies to protect their employees room any co-worker or supervisor from trying to engage in unlawfully sexual advances towards them. An example of sexual harassment would be, vulgar language, Jokes, touching inappropriately, that you would find offensive. Sexual harassment/harassment can also be reported by third parties, which would be someone else witnessing the incident and reporting it. For these reasons stated, this is why good ethical practices on sexual harassment or harassment are important in the business world today.
The next reason for having ethical practices is the code of conduct or business conduct when working on the Job. While some business require very few, others require many more, such as, attendance, dress code, and using amenities to name a few. Attendance is extremely important matter, because if the business did not make the employee accountable, they would come in whenever they wanted, be tardy, call in, and would not be reliable to have working for your business. Another would be dress code; employees can’t wear anything they want, because sometimes this will run off potential customers.
Also, larger companies also have ways to track, and monitor, excessive phone use for non-productive calls, and on-work related use of the internet, when using amenities provided by the company for business purposes only. So, for these reasons this is why having good codes of conduct are important. The third ethical business practice is integrity; the meaning of integrity is “adherence to moral and ethical principles; soundness of moral character; honesty. ” Without this virtue most workers will not be good, long lasting employees, meaning; being able to rely on them to be honest, trustworthy, and dependable.
Being able to trust workers, people left to manage employees or run he business, especially those in charge of money, making deposits, and accounting for products of the establishment. An example, leaving a manager in charge of other co-workers, and the manager allowing them to steal, take advantage of the business, taking company products home with them, and not doing anything about it to make it stop. These are extremely important qualities to have when running a business, and principles that have been stated above, having good policies and procedures makes running a business a lot easier.