Business ethics by ac fernando pdf

What are the business ethics of a business?
What Is Business Ethics? By definition, business ethics refers to the standards for morally right and wrong conduct in business.
Law partially defines the conduct, but “legal” and “ethical” aren't necessarily the same.
Business ethics enhances the law by outlining acceptable behaviors beyond government control..
What is business ethics according to authors?
Business Ethics – Definition
According to Crane, "Business ethics is the study of business situations, activities, and decisions where issues of right and wrong are addressed." Baumhart defines, "The ethics of business is the ethics of responsibility.
The business man must promise that he will not harm knowingly.".
Why is business ethics important?
But why are ethics important in business? A business's ethical–or unethical–behavior can significantly impact its public perception, daily operations, and revenue.
Companies that act ethically can attract loyal clients, hire top talent, and even win awards..
Ethics are important in international business because they ensure that businesses conduct themselves and make good decisions.
It holds business to a higher standard.

What are the business ethics of a business?