Why are fairness and honesty in business important ethical concerns? Give examples.
What will be an ideal response?
Fairness and honesty in business are considered as two important ethical concerns. In addition to obeying all laws and regulations, businesspeople are expected to refrain from knowingly deceiving, misrepresenting, or intimidating others. The PricewaterhouseCoopers LLP and Anderson's Ark and Associates cases prove that the lack of fairness and honesty also is an expensive proposition.
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