Question

Sen and Vaidya claim that business ethics are not only possible but a necessary element for businesses to function. How do they show this? Do you agree or disagree and why?

Answer 1

Answer:

By forcing ethical practices; Agree

Explanation:

Sen and Vaidya can show that they consider ethical practices an important factor in business activities by enforcing all the laws to avoid unethical norms. In my opinion, it is important to apply ethics to improve goodwill among the customers that helps to generate long-run profits and ensures transparency and loyalty. Ethical practices and CSR both can help a business to grow and expand.