Analyze and explain why fairness and honesty in business are important ethical concerns?

Most managers today are finding ways of balancing a growing agenda of socially responsible activities with the drive to generate profits. Business people face ethical issues every day, and some of these issues can be difficult to assess. These issues arise out of a business’s relationship with investors, customers, employees, creditors, and competitors.

Analyze and explain why fairness and honesty in business are important ethical concerns? Evaluate and describe some of the major ethical issues business people face