Question

Business ethics is a dynamic philosophy explain this statement?

Answer 1

Answer:

Business ethics is the written and unwritten principles and values that govern decisions and actions within companies.

Hope this will help u

Answer 2

Business ethics is a part of philosophy that deals with the right business procedures and policies. It could involve the philosophy of corporate governance, bribery, discrimination, and corporate social responsibility.

Explanation:

• The policies of business ethics have increased the focus of the business organization to the causes of social issues.  

• It involves a level of trust that the consumers should develop with the corporate that helps in guaranteeing fair and proper treatment for all the people.  

• It helps in preventing unethical behaviour through the principles of corporate social responsibility.  

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