what do you mean by business ethics. state the major components of business ethics??
Hello Vinod,
Business Ethics: It is a form of applied professional ethics or ethics, which examines the ethical principles & ethical problems or moral problems which may arise in business environment. They are based on social values and moral values.
Major Components of Business Ethics:
- Integrity
- Persistence
- Respect
- Customer Focus
- Honor
- Results Oriented
- Passion
- Risk Taking
I hope this information was useful to you.
Best of Luck!!