Honesty of Business


Welcome to class! 

In today’s class, we will be talking about the honesty of business. Enjoy the class!

Honesty of Business

Honesty of Business classnotes.ng

 Meaning of truthfulness

The purpose of any business or organization is to make a profit. Therefore, for a business to make a profit, the employee and the employer need to be faithful and honest to one another. Truthfulness simply means saying what is true. To be truthful is when the fact about something is presented. To be truthful is saying what the situation is without lying.

Truthfulness, therefore, means giving the facts about something without any form of lies.

 Attributes of truthfulness

These are some of the attributes of truthfulness:

  • Steadfastness: To be steadfast means not changing one’s attitude or aims. It helps the truthful person to keep developing and growing regularly.
  • Straightforwardness: A truthful person will tell people honest things. He will say things exactly the way they are. He will say what he has to say not minding who is listening.
  • Consistent behaviour: A truthful person will show a reflection of a truthful person in his/her behaviour. The more we tell the truth the more it affects our behaviour and people know and believe whatever we say is nothing but the truth.

Factors that make people tell lies

People tell lies because of the following reasons

  1. Habit: Some people already made lying their habits. Some will never tell the truth. They see lying as part of life.
  2. Laziness: A lazy person will always lie to cover up for his/her laziness.
  3. Fear: A fearful person finds it very easy to tell lies because he does not want to be punished.
  4. Friendship: If you have liars as friends, then it is so sure that you will also be a liar.
  5. Greed: When someone is always thinking of himself alone, he is said to be a greedy person. A greedy person will always tell lies because what should be shared among 5 people will be his own alone.


In our next class, we will be talking about Ethics in Sourcing Chemical. We hope you enjoyed the class.

Should you have any further question, feel free to ask in the comment section below and trust us to respond as soon as possible.

Access more class notes, videos, homework help, exam practice on our app HERE

Boost your teaching with ready-made, downloadable class notes and more on our app HERE!

Leave a Reply

Your email address will not be published. Required fields are marked *

Don`t copy text!