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It should be management’s responsibility to utilize both styles in setting ethical standards. Both styles complement each other and most people rely on both to a degree. By utilizing both approaches a manager can relate to employees no matter which style they prefer. It is paramount that management make sure that all business ethics be transparent and without reproach.
Corporations need to base their business ethics on a core value to make the company a progressively better social citizen. To shareholders it is the corporation’s responsibility to make sure the company will have continuous success and the only way that is possible is through business ethics...
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