Definition

Business ethics

According to Webster's Dictionary "Ethics is standard of conduct or moral behavior".


According to Besley and Bringham, "Business ethics can be thought of as a company’s attitude and conduct toward its employees, customers, community and stock holders."


Business ethics is the standards of conduct and moral values regarding right and wrong actions in the work environment.


It is the consideration of “rightness” and “wrongness” of behaviors, decisions, or actions of people who work in business organizations. The word, ethics, describes what ought to be. Moral standards are the group’s or society’s definition of “rightness” or “wrongness”. 

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