Ethics in Strategic Management?

Answer 1

Why Not ? Infosys is a standing example of management of the most successful company of India and revered internationally both for the quality of work and ethics at the same time earning very good profit. The company improves it's resources by distributing the profit to all who had contributed like the employees, share holders and government. It does not tolerate sloppiness and dishonest practice. The most respected very senior official who was considered to be the jewel and first among equals was asked to resign when a scandal broke out.The founders set some lofty ideals and never faltered at any time during the phenominal raise

Answer 2

Ethics in general is good practice to prevent turnover, theft, and deviation from company practices. It is done to ensure that everyone plays on a level playing field. Also the consumer gets the benefit of a company it can trust.

Bad ethics just steal from your wallet later when the customer and employees don't come back.

Definition follows-


Ethics
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For other uses, see Ethics (disambiguation).
Ethics (from the Ancient Greek "ethikos", meaning "arising from habit"; also Morality), a major branch of philosophy, is the study of value, or morals and morality. It covers the analysis and employment of concepts such as right, wrong, good, evil, and responsibility. It is divided into three primary areas: meta-ethics (the study of the concept of ethics), normative ethics (the study of how to determine ethical values), and applied ethics (the study of the use of ethical values).