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Business Studies

Importance of Management

Business ethi...

Question

Business ethics helps the organization in ________.

A

retaining people

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B

getting people

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C

attracting the best talent

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D

all of the above

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Solution

The correct option is A all of the above
People aspire to join organizations that have high ethical values. Such companies are able to attract and retain the best talent. The ethical climate matters a lot to the employees. Ethical organizations create an environment that is trustworthy, making employees willing to rely on the company's policies. Retaining talented people is a big challenge for the company. The relationship with their employer must be a win-win situation in which their loyalty should not be taken for granted. Talented people will invest their energy and talent only in organizations with value and belief that matches their own.

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