What do you mean by business ethics. Describe the broad areas of business ethics?

Word Count : 473

---

Business Ethics: Overview

Business ethics refers to the principles, values, and standards that guide behavior in the world of business. It encompasses the moral obligations of businesses to ensure fairness, honesty, and integrity in all their operations. Business ethics serves as a framework for decision-making and conduct within an organization, ensuring that actions taken by businesses do not harm stakeholders, society, or the environment.

Broad Areas of Business Ethics

1. Corporate Governance:
   - Corporate governance deals with the structures and processes for directing and managing a company. Ethical governance involves ensuring transparency, accountability, and fairness in a company's relationships with all its stakeholders (e.g., shareholders, employees, customers, suppliers). This area includes issues like executive compensation, board diversity, and shareholder rights. A well-governed company acts responsibly toward its shareholders and society, fostering trust and long-term success.

2. Fair Trade Practices:
   - Ethical business practices extend to how companies conduct transactions and engage with competitors. __________ _________ _______ _______ ________ ___________ ___.
_________ ______ ___________ ____________ ______ __________ ____ ___ ___ ___ _________ _________.
_____ _______ ________ __ _____ _______ ___ ________ ___________ _________.
______ ___ _____________ ____ _________ __ __ ___________.
__ __ ________ _____ ___ ______ _________.
____ __ ___________ ____ ____________ ________ ____________ ____ ____________ __ __ _____.
_________ ___ _____ _____________ ______ __________ __________ ___________ ___________ ________ __ __________.
____________ ______ _____________ _________ ________ ____________ ________ ___ _______ ____________ _____ _______ _____.
____ _________ _________ ___ ______ _________ ___ ____ __ __________ _____________ _________.
___ _____ ______ __________ _______ _____________.
___ __________ ____ _____________ _________ ____ __ ___________ _____________ __________ _________.
_____ _______ _______ _______ _________ ______ ________ ____________ ________ _____ ________ _________.
___________ ____________ ____________ _________ ____ ___________ ____________ __ ______ ______ ____________ ______ _____.
_____________ _________ __________ ____ __ ____________ ______ ___ _________ ___.
___________ ___________ ______ ______ _______ __________ ____________ ___ ____.
____________ _____ __ _______ _________ ______ ____________ ________ _____ ___ _________.
________ _____ ________ __________ __ ____________.
__________ ____ _____ _________ _________ ________ _______ ______ ________ __________ __ ______ ______ ____.
__ ___ _________ ________ ___________ __________ _____________ _____ __ ___ ___ _________ ____ ___.
____________ _________ __________ ____ ___ _____________ _____.
_______ ____________ __________ _______ __________ _______ ____ _______ __.
_______ __________ _______ __ __ ______.
__ _______ ___________ __________ ___ _______ ___________ ___________ _________ ____________ ________ ____________ _________ __________.
_____________ _________ ______ ____________ _________ ________ _________ __________ ___________ __________ _______ _______ __ ________ ____________.
_________ _____________ _____ _____ ___ ______.
_____________ _________ ____________ _____ ________ __ _____________.
___________ _____ __________ _____ _____________ ________ _________.
________ ______ ____________ ___________ ______ _____________ ___ ___________ ___ ____________ ______.
___ _________ _____ __________ __ _____ ____________ ___________ _________ __.
________ _____________ _____ ________ ____ ___ ________ ______ ________ ______ ___ ____________ ____________.
__________ __ _______ ___ ____________ __ __ ________ ____________ __________ ______ _________.
Click Here to Order Full Assignment on WhatsApp

Degree : BACHELOR DEGREE PROGRAMMES
Course Name : Bachelor of Business Administration in Retailing
Course Code : BBARIL
Subject Name : Overview of Retailing
Subject Code : BRL 101
Year : 2024 2025