business ethics

Definition

The examination of the variety of problems that can arise from the business environment, and how employees, management, and the corporation can deal with them ethically. Problems such as fiduciary responsibility, corporate social responsibility, corporate governance, shareholder relations, insider trading, bribery and discrimination are examined in business ethics.

Use business ethics in a sentence

Some business ethics are imposed by law, while others are governed by morals that we have developed such as understanding what is right and wrong.

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