Employees should practice ethical principles in their daily operations in the company so that they won’t involve in any unethical activities. Biovail should not overstate the revenue loss when the accident happened. The company mostly will know the estimated revenue that the company will earn for each transaction as they can hire some professional to do some calculation on their estimated revenue, so if they purposely overstate the revenue loss may consider as unethical activity. By having code of ethics, employees will know what activities consider unethical so that they won’t carry out those unethical activities. This can also boost in consumer confidence and improve their business. This can increase their company’s
Employees should practice ethical principles in their daily operations in the company so that they won’t involve in any unethical activities. Biovail should not overstate the revenue loss when the accident happened. The company mostly will know the estimated revenue that the company will earn for each transaction as they can hire some professional to do some calculation on their estimated revenue, so if they purposely overstate the revenue loss may consider as unethical activity. By having code of ethics, employees will know what activities consider unethical so that they won’t carry out those unethical activities. This can also boost in consumer confidence and improve their business. This can increase their company’s