Question

Business ethics importance in business organisation

Answer 1

The importance of ethics in business. Ethics concern an individual's moral judgements about right and wrong. Decisions taken within an organisation may be made byindividuals or groups, but whoever makes them will be influenced by theculture of the company.

Answer 2

Answer:

Ethics are the Norms of the business firm that are the primary foundation of the business operations and functioning.

These work as the do's and don'ts about how to, what to do in certain situations.

Importance of business ethics -

• Maintain the discipline of the firm.

• It helps to grow society for better.

• Satisfy employees as per ethics they are treated fairly.

• Help in creating brand awareness.