DEFINATION
Business ethics is the study of moral principles and values that should guide the behavior of individuals and organizations involved in business. It covers a wide range of topics, including corporate responsibility, environmental sustainability, human rights, and the treatment of employees, customers, and other stakeholders. Business ethics helps to ensure that companies act in a way that is fair, transparent, and accountable, and that they respect the rights and interests of all parties affected by their activities. It is an important field because it helps ensure that businesses operate in a way that is fair, responsible, and transparent, and that they contribute to the overall well-being of society.
PURPOSE
- ENCOURAGING MORAL AWARENESS OF BUSINESS
Business is not only focused on operational activities and profits but also the ethics and morals of business people must be considered. Behavior that demonstrates courtesy and respect for clients
- MAINTAINING ATTITUDES AND BEHAVIOR IN BUSINESS
Companies usually state the business ethics in Business ethics in their work operational standard. With operational standards and regulations, employees will maintain their attitudes and not harm themselves or the company.
- PROVIDING LIMITS TO RUN A GOOD BUSINESS
Business morals also provide limits for business people to run their business in the right way and not take actions that are against the law or hurt others.
- PROVIDING A GOOD CORPORATE IMAGE
With the existence of business ethics, the company can shape all employees’ behavior and actions in such a way that they can provide a good corporate image to the public.
- CAN AVOID A HARMFUL BAD IMAGE
Furthermore, by forming a good corporate image, business ethics will certainly prevent business people from tarnishing the company’s good image. Of course with the limitations that exist in business ethics can make business people know the limits when running their business.
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