Answer
Ethical behavior is the lubricant that keeps the business running. Without that lubricant, the business would operate much less efficiently—less would be available to consumers, quality would be lower, and prices would be higher.
Work Step by Step
The business has to meet the interests of various stakeholders. If there is no ethical behavior, the transparency will be lost. The stakeholders may lose their confidence in the business. This will lead the business to lose its brand image. The competitors will take advantage of it and the business may have to shut down in future.
