Why Is Important for Business to Act Ethically? How Does

question 34

Essay

Why is important for business to act ethically? How does it benefit?

Understand the role of health psychologists in assisting with chronic illness management and promoting healthy and productive lifestyles.

Assess the evolution of life expectancy and health care disparities based on gender and socio-economic factors.

Evaluate strategies for addressing health disparities and improving public health through interventions and policies.

Understand the concepts of pure competition and how market price influences firm behavior in the short run.

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Definitions:

External Stakeholders

Individuals or groups outside of a company who are affected by its actions and decisions, such as customers, suppliers, and the community.

Company Intranet

A private network accessible only to an organization's staff, often used to store, share, and manage internal information.

Policies

Official guidelines or rules that govern the operations, decisions, and actions within an organization or administration.

Organizational Culture

The shared values, beliefs, and practices that shape the social and psychological environment of a business or organization.