ethical practices of recent business ?

changing dimensions of business in the global environment?

please answer these questions.

Dear Student,

Ethical practices of recent business are as follows:

* Investors: Ensuring safety of their money and timely payment of interest.

 * Employees: Provision of fair opportunities in promotions and training, good working conditions and timely payment of salaries. 

* Customer: Complete information of the service and product should be made available. Personal information of the customers should not be used for personal gain. 

* Competition: Unscrupulous tactics and methods should be avoided while handling competitors. 

* Government: Rules and regulations regarding taxes, duties, restrictive and monopolistic trade practices and unlawful activities like corruption and bribing should be adhered to. 

* Environment: Polluting industries should ensure compliance with the government norms regarding air, water and noise pollution.

The changing dimensions of business in global environment are:

  • Growth of opportunities due to improvement in transportation and communication
  • trade is now more practical

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