Ethics commonly refers to the rules or principles that define right and wrong conduct. Many people believe that we are currently suffering from an ethics crisis. Behaviors that were once thought unacceptable -- lying, cheating, misrepresenting, covering up mistakes -- have become in many people's eyes acceptable or necessary practices. Managers profit from illegal use of insider stock information and even college students seem to have become caught up in the wave where studies show …showed first 75 words of 1911 total…

…showed last 75 words of 1911 total…ethics can be extremely costly. A company that finds a way to change the system so people can be influenced to act ethically and responsibly is far more likely to succeed. As one Texas Instruments executive so accurately stated, “Trust is the foundation for any solid business relationship. You can’t form a close and candid relationship with suppliers, customers, and the public if you don’t have a track record of integrity or ethics.”