Introduction to the Need for Ethics in the Workplace

What you’ll learn to do: explain the need for ethics in the workplace

Corporate fraud can create negative consequences that not only harm individuals but also ultimately lead to the economic downfall of a nation. Managers must prevent harm by understanding what is considered ethical behavior, by being committed to making ethical decisions, and by encouraging stakeholders to take ethical actions. Exhibiting good ethics not only protects the external constituents of a company but also members of the organization.