Business ethics can be described as the moral rules that a firm or organization must follow when conducting business. These moral standards contain values and principles that the firm should keep in mind since the application of these rules displays the organization’s attitude. The customer’s faith in the firm is frequently founded on the company’s actions and business ethics. Consider the following scenario to illustrate corporate ethics: a company sells food items, and a supplier approaches the company and offers them low-quality identical food products at a high-profit margin. The company can choose to sell the duplicate products for a great profit, whether they can decline the offer because they know it is against business ethics to generate profits at the expense of quality and consumer trust. Business ethics served as moral standards to help the management in making the best decisions possible.
30 January 2022 at 7:49 pm
Hello everyone I hope you have read my post about Business Ethics. I would like to get feedback about the understanding of the concept presented and how to structure a post and it would help me to improve my writing skills.
Thanks
3 February 2022 at 5:22 pm
Hi Amitrpal
This looks to me like something you looked up and wrote about and that is fine for a start but if you do that you need to provide a reference in your writing. That is the main issue with your post.