Everything you need to know about business ethics. Business ethics refers to the application of ethical principles and moral values while conducting business. A company must demonstrate ethical behaviour in all internal matters as well as in dealings with the external environment. All stakeholders must ensure that ethical standards are adhered to while handling business transactions. The challenge for management [...]
Some of the most essential principles of business ethics are as follows: Principle # (1) Self Interest: The concept of self interest has been held as one of the most important elements in career planning and formulating management control systems. Personal goals are often at variance with corporate objectives and if the two can be made to converge, individual as [...]
In this article we will discuss about the ethical and unethical behaviour at workplace. Ethical Behaviour Within the Work Place: Ethical behaviour is behaviour that is appropriate. It is based on morals. Ethical behaviour is the right way to behave. It is choosing the right and good. Ethical behaviour is when someone is being on his or her best behaviour. [...]