Business Ethics

Definition: Business Ethics is the principles and standards that guide behavior and decision-making in a business context. It involves ensuring that organizations operate with integrity, fairness, and transparency while considering the impact of their actions on stakeholders, including employees, customers, investors, and society. Business ethics covers issues such as corporate social responsibility, ethical leadership, compliance with laws, and the promotion of sustainable practices. It helps maintain trust, protect reputations, and foster long-term success.

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More on business ethics: Doughnut Economics, Insider Trading, Negotiation Agreement, White Collar Crime.

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