Review:
Business Ethics
overall review score: 4.5
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score is between 0 and 5
Business ethics refers to the principles and standards that guide behavior in the world of business. It involves making decisions that are morally right and ethically responsible.
Key Features
- Integrity
- Honesty
- Transparency
- Fairness
- Compliance with laws and regulations
Pros
- Promotes trust and credibility among customers and stakeholders
- Leads to long-term success and sustainability for businesses
- Enhances reputation and brand image
Cons
- Can be challenging to uphold in competitive industries
- May require sacrifices in short-term profits for long-term ethical practices