Quick Definition

Business ethics refers to the moral principles and standards that guide behavior in the world of business.

Examples

• 1A company avoiding conflict of interest by implementing strict policies that separate personal gains from business decisions.
• 2A business transparently reporting its financial performance to stakeholders to maintain trust and integrity.
• 3A corporation implementing sustainable practices to minimize environmental impact while maintaining profitability.
• 4A company ensuring fair labor practices and adequate wages in its overseas factories to uphold human rights.

Tags