Business Studies, asked by Ranjitsinghvirk4245, 1 year ago

Define business ethics and explain it's significance

Answers

Answered by Aanya599
1

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.

Significance:-

Ethics concern an individual's moral judgements about right and wrong. Decisions taken within an organisation may be made by individuals or groups, but whoever makes them will be influenced by the culture of the company.

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