Business Ethics

Business ethics refers to the principles and standards that guide behavior in the world of business. It encompasses the moral values and considerations that organizations and individuals must address in their conduct, decisions, and interactions with stakeholders, including employees, customers, suppliers, and the community. Business ethics involves the evaluation and application of ethical norms and practices in various aspects of business operations, such as corporate governance, compliance with laws, treatment of employees, environmental sustainability, and social responsibility. Essentially, it addresses the question of what is right or wrong in a business context and promotes the integrity and accountability of businesses in their pursuit of profit and societal impact.