Ethical codes and their importance in the modern management processes
Ethical codes and their importance in the modern management processes

Summary/Abstract: The modern ethical considerations are becoming an increasingly important topic in society and economy. The creation of an ethical image of a company may result in benefits, improve management, and eliminate conflict situations. The presented tools of effective management are only a part of those offered by employing ethical codes in business. Therefore, it seems reasonable to combine tangible and intangible-ethical gains in order to achieve economic benefits.

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