Businesses traditionally expect loyalty but ethics requires loyalty.
<h3>What requirements must business ethics meet?</h3>
Business ethics are necessary to defend the interests of workers, shareholders, rivals, dealers, suppliers, consumers, the govt , and other stakeholders.
It guards against their taking advantage of 1 another through deceptive or dishonest business methods.
<h3>What does the term "business ethics" mean?</h3>
Firm ethics, by definition, are the moral precepts that function standards for how a business operates and conducts its activities.
In many respects, the identical rules that people employ to behave appropriately in both personal and professional contexts also apply to organizations.
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