a) It may be argued that a sound code of ethics can impose constraints on business activities
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Question:
a) It may be argued that a sound code of ethics can impose constraints on business activities that might overwise be profitable. Within this context, how can it then be argued that a sound code of ethics provides a competitive advantage to an organization?
b) Sole traders and companies are two of the three major forms of business organizations. In what ways does the nature of these two organizational structures affect their ability to raise finance?
Expert Answer:
a For the business to have a positive appreciation and an enhanced brand value in the market it is quite imperative for the management and the employees to understand the Importance of Business Ethics ... View the full answer
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