Business ethics is the difference between right and wrong in the business realm. The purpose of ethics is to recognize how a situation will be looked at, and resolving them before they become legal problems. Building a business means facing all kinds of ethical decisions. Should you skip a creditor's bill to pay your employees in a cash flow crisis? Help an employee with a problem that is affecting their performance at work? Stretch the truth to win an important client or broker a big deal? There are rarely clear-cut answers, and following your conscience can often have unfavorable c…
