What is business ethics?.

What is business ethics?
• Business ethics are a set of norms and regulations that
helps in judging the good practice that is being
undertaken by n organization.
• The morality of the activities and the outcome of the
same is being judged through the implementation of the
concepts relevant to business ethics.

State your own personal beliefs to your staff
members
• I believe that the business ethics is simply based on the
different ethical paradigms and the perception of the
entrepreneurs.
• The ethical backdrop in an organization is often
designed with relevance to the perception and outlook
of the entrepreneur.
• Therefore, the business ethics clearly maintains the
efficiency of the operations in a business organizations
through the development of different moralities.

Why our organization needs to
be ethical?
• Our organization is required to be ethical in order to
retain the trust and confidence of the customers.
• The organization aimed at providing services to the
customers.
• The organization must follow the code of ethics in order
to retain the brand image.
• Therefore, the organization being a customer centric
business must take a note of the different
psychographic factors relating to ethical aspects in the
customers.