In: Operations Management
A high level of ethics is very important not only at a societal economic level but in every aspect of business and lives. It teaches us about human behavior and at a social-economic level, it should be a good behavior as a social economic level tells us about the consumer's behavior and the trends going on in the market. It specifies the taste of the consumers and it informs us about the economy and the social behavior of the consumers. Social-economic factors also play an important role in it as it includes employment, education, and income of the consumers by performing different taste they do daily. Yes! Absolutely, Universities plays a crucial role in guiding students about the ethics as it is the most important tool for any human being to become a better person in there lives and it should be taught to them in there higher-level studies globally because ethics are important and every person should have good ethics in there life to become a successful human being.