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Business Ethics
- What is business ethics and its importance?
- In 400-500 words, please share a time in your professional life where you observed an unethical situation. What were your thoughts and opinions on this ethical issue?
Overview
Business ethics are standards that determines what is right, wrong, and appropriate in the workplace. Business ethics is often guided by laws, and these principles keep companies and individuals from engaging in illegal activity such as insider trading, discrimination and bribery. However, other ethical principles can influence how employees treat one another, corporate social responsibility and relationships with clients and vendors.
The importance of business ethics is to ensure a consistent moral attitude within the company, from executive-level management to the new hire. Business ethics helps to ensure everyone in a workplace is treated with respect, fairness and honesty.
