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If all acts of fraud or wrongdoing can be detected and penalized one day, would business...

If all acts of fraud or wrongdoing can be detected and penalized one day, would business ethics still be important? Why or why not?

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Answer #1

It can be mentioned that business ethics are important in every scenario and this is because of the fact that ethics might not always berelated to legal scenarios because one thing which is legal might not be ethical such as cutting down your health allowances on your employees which is perfectly legal in some cases but it is not equal to do so as it might be proven as a Di motivation to the employees to work and that is the reason why it can be mentioned that ethics is always important irrespective of the fact that legal issues are penalized one day or not.

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