(i) It ensures that there is fair competition among firms.
(ii) It helps to avoid dishonest dealings in business operations for example, giving bribes to obtain tenders unfairly.
(iii) It helps to protect the environment through conservation.
(iv) Observing business ethics ensures the rights of employees are protected.
(v) Ensures that consumers get genuine products that is no counterfeit products are sold to consumers.
(vi) It ensures that business does not give false advertisement about their products.
(vii) Ensures that business does not sell underweight products to consumers.
maurice.mutuku answered the question on August 15, 2017 at 08:55
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