Question

The critical, structured examination of how people and institutions behave in the world of commerce. Answer in a word / phrase / term.

Answer 1

I don't know about business studies

Answer 2

Answer:

The critical, Structured examination of how people and institutions behave in the world of commerce is called as Business Ethics.

Explanation:

To follow ethics in business is very important. When people buy and sell things in a market, there should have some ethics that need to be followed by both buyer and seller. For example a firm should do ethical practices with supplier, they should not indulge in child labor, the firm should use proper units while measuring products, health and safety of the workers should not be ignored, and many more are considered to be the ethics of conducting business.