What is business ethics?
Explain at least three ethical issues within today's business environment that affect your community and organization.
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//Ethics is a major constituent of the business process. Any business can prove to be beneficial only when it deals in the immediate community with ethical means. In this regard, the meaning of the business ethics is essential to be understood. In this series, the meaning of business ethics is discussed under the same heading.//
Business ethics refer to the application of ethical judgments to business activities. The main association of the business ethics is to determine what is right and what is wrong at the workplace. In other words, the business ethics is a kind of normative study of the moral business standards which can be applied in a favorable way in business policies, institutions and human behavior. Overall in the business ethics, the analysis of the business practices is done in an ethical way. There is no universally applicable definition of business ethics as different organizations follow different standards as per their ethical guidelines.
Business ethics is a kind of applied practice under which the business organizations include the moral aspects and ethical issues which can occur in the immediate business environment due to any kind of wrong act by the business organizations. The business ethics is applied ...
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