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There could detailed description to any length on the topic.

In short, ethical principle of business deals is transparency.

With this basic ingredient, each party to business gets the opportunity to consider all other aspects prudently and take care of one' interests. Transparency lays the foundation of any business deal, its stake holders intentions, and opportunity for all to have a fair game. Transparency lead to complete disclosures, exchange/sharing of information, terms, rights and obligations, and even amicable winding up of deals in case of discard.

2006-06-25 18:53:13 · answer #1 · answered by helpaneed 7 · 5 0

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