Integrity - 1: soundness 2: adherence to a code of values: utter sincerity, honesty, and candor 3: completeness. Integrity may it be personal or professional Integrity is essential in all our lives whether one is in business or not. If you are in business and lack integrity then it can be practically guaranteed that you won't be in business for long.
So what is integrity? Integrity plays an important role in determining the credit ratings of both an individual and also of the organization. Personal honesty should be part of everyone's character.
A character that lacks integrity is not to be trusted. The meaning of business integrity is simply that your business can be trusted to pay their bills on time. If not precisely on time that the bills will get paid. Any business who affords another business the honor of providing them with an account is showing the recipient that they are being trusted.
They do so on the grounds of your businesses integrity to do so. Hence for every business person who perceives himself to be on the top, is honest in his dealing may it be any. Take an example of credit cards even they evaluate the credit rating of the person under evaluation
Credit agencies today, all check a number of credit agencies to see if someone or their business, has received a bad credit report. Once they see a bad mark against your name then the interest rate charged on any loan they may give you may be higher than usual if they even give you a loan.
Business integrity though is even more than monetary honesty. Business integrity is essential for everyone but a must for small business because it’s their start and when the trust comes in the initial stages itself it long lasts. India supports and favors honesty in dealing and so do Indian people.
So what is integrity? Integrity plays an important role in determining the credit ratings of both an individual and also of the organization. Personal honesty should be part of everyone's character.
A character that lacks integrity is not to be trusted. The meaning of business integrity is simply that your business can be trusted to pay their bills on time. If not precisely on time that the bills will get paid. Any business who affords another business the honor of providing them with an account is showing the recipient that they are being trusted.
They do so on the grounds of your businesses integrity to do so. Hence for every business person who perceives himself to be on the top, is honest in his dealing may it be any. Take an example of credit cards even they evaluate the credit rating of the person under evaluation
Credit agencies today, all check a number of credit agencies to see if someone or their business, has received a bad credit report. Once they see a bad mark against your name then the interest rate charged on any loan they may give you may be higher than usual if they even give you a loan.
Business integrity though is even more than monetary honesty. Business integrity is essential for everyone but a must for small business because it’s their start and when the trust comes in the initial stages itself it long lasts. India supports and favors honesty in dealing and so do Indian people.