Silence is gold explain in a hundred words that can be used ethically at workplace

Silence is gold is the business strategy used by many organizations in relation to communication ethics. The business communication is effective when the precise and correct information is circulated. When there is culture of unnecessary talks in business there can be unhealthy arguments and excessive criticisms which may ruin business strategies. Business ethics is implementing strategies which are to be followed by all employees. The strategies are formed after keeping in mind concerns of all stakeholders including how to treat employees. The silence can be a business ethics strategy to avoid gossips, as it may lead to negative consequences at the workplace.

Explanation:

Silence is strategy of introvert people but it is hard for extroverts to keep silence in a communication. There are some situations where keeping silent is better than to speak. There can be business situations where excess talks can bring negative effects to the company profits and may disturb company culture. Silence is peaceful and implementing culture of silence may bring peace to a business. When there will be less talks among employees the people will be more productive and focus on their own tasks rather than wasting time in an unhealthy discussion. Keeping this in mind it is fairly said "Silence is Gold"

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

answerobservation;