Business
The statement of McMurruan and Matulich can be validated by the fact that companies that observed ethical conduct in managing their business have flourished and those that were unethical were doomed to fail. The importance of ethics in every company will have a positive long term effect in the business since it enhances the productivity of the business. It is through formal ethics and legal compliance programs that ensure positive impact in every company (Trevino & Brown 2004, 73).
According to Smit (2009), the importance of ethics in business management will complement the sustainability of companies in the 21st century ( ...
