Until a few years ago, a person who was known to collect cats would have been called “the crazy cat person”, houses that were filled with stuff were referred to as “cluttered, filthy, or a pen sty.” Today, those expressions have been replaced with the terms: “hoarder or compulsive hoarding”. What is hoarding? Hoarding is the inability to resist acquiring and disposing of possessions, (many of which have limited use or no value) to the point that it compromises movement within the home and renders living areas unusable (Tolin, Frost, & Steketee, 2007). In addition to excessive acquiring, many people with compulsive hoarding often have problems keeping these items organized. Hoarders tend to put things on a stack or pile closest to them, this in turn leads to disorganization; which adds another element into why hoarders are reluctant to throw things away.
To answer the question of why business ethics are important, one must understand what is meant by the term business ethics. “Ethics involves the study of moral issues and choices” (Kinicki & Kreitner, 23). To simplify this would be to say that business ethics are the code of values and principles that control the actions of a person, or a group of people, regarding what is right versus what is wrong. Business ethics aren't just about knowing what is right and wrong; but using that knowledge in everyday business practices.