Answer to Question #255673 in Finance for Kajal

Question #255673

You have studied Business Ethics in a structured manner in this program. Has it helped 

you with tools to better manage your decision making process as a business person? 

Explain in your own words. 



1
Expert's answer
2021-10-26T14:53:07-0400

As a business person, the Business ethics program has helped me make good decisions in my business. First, I have reduced the risk that may lead to adverse outcomes in my business. Such hazards include selling goods on credit. Secondly, it has helped me have a good relationship with my customers, thus increasing my profits because customers prefer shopping in an ethical business. Similarly, I have developed the skills of branding and handling my business products correctly, reducing the damage that leads to losses. I have become a truthful and trustworthy business person, and my customers trust my products which helps me beat my competitors.


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