1. define business ethics? Also explain the principle of business ethics. Asnwer with english
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Business ethics is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.
Principle of business ethics
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of principles incorporate the characteristics and values that most people associate with ethical behavior.
1. HONESTY. ...
2. INTEGRITY. ...
3. PROMISE-KEEPING & TRUSTWORTHINESS. ...
4. LOYALTY. ...
5. FAIRNESS. ...
6. CONCERN FOR OTHERS. ...
7. RESPECT FOR OTHERS. ...
8. LAW ABIDING......
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Answer:
At its simplest, ethics is a system of moral principles. They affect how people make decisions and lead their lives. Ethics is concerned with what is good for individuals and society and is also described as moral philosophy.