Define the relationship between ethics and corporate excellence
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Corporate Governance represents the moral framework, the ethical framework and the value framework under which an enterprise takes decisions. In the long run ethical behavior has a positive impact on the company's performance. Ethics just makes good business sense. Values are not for large companies alone.
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Answer:
Ethic is a very vital aspect of business while corporate excellence refers to the achievement in a certain business activity.
Explanation:
Ethics refers to the culture and discipline employed in a business .This is very important for it develops trust by the clients or even employees .
This one means that there has to exist business ethics in order for corporate excellence to occur in a business .
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