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The management team sets the tone for how the entire company runs on a day-to-day basis.
When the prevailing management philosophy is based on ethical practices and behavior,
Leaders within an organization can direct employees by example and guide them in making decisions that are not only beneficial to them as individuals, but also to the organization as a whole.
Building on a foundation of ethical behavior helps create long-lasting positive effects for a company, including the ability to attract and retain highly talented individuals, and building and maintaining a positive reputation within the community.
Running a business in an ethical manner from the top down builds a stronger bond between individuals on the management team, further creating stability within the company.