Honesty in business I

Business Studies J.S.S 1 Second Term

WEEK 5

Honesty in business I

Performance Objectives

  The student should be able to:

 1. Explain the meaning of truthfulness.

    2. State the attributes of truthfulness.

    3. Outline factors that cause people to lie.

Content

Meaning of honesty and truthfulness

Honesty is the quality of being truthful and trustworthy. To be honest, is, to tell the truth at all times even at personal risk to oneself. Honesty in business is also known as ethical behaviour in business.

Truthfulness means making a true statement about something or somebody. It is very important for developing trust and building lasting relationships among people both in and outside the business. It helps people to be…