Role of business ethics in global business
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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 by individuals or groups, but whoever makes them will be influenced by the culture of the company
it impacts human resources, social responsibility, and the environment. The areas of business impacted byglobal perceptions of ethical, moral, and socially responsible behavior include the following: Ethics and management.
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The Importance of Ethics
To avoid confusion about ethics in global businesses, it is suggested that businesses take three steps to help guarantee their companies' employees behave appropriately and ethically: Develop a clearly articulated set of core values as the basis for global policies and decision-making.
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