Business ethics grade 12 module 1

  • How do you understand business ethics?

    Cambridge dictionary defines business ethics as “the rules, principles, and standards of deciding what is morally right or wrong when working.” So, business ethics refers to the implementation of appropriate business practices and policies in the workplace..

  • What is business ethics 2 marks?

    Business ethics refers to contemporary organizational standards, principles, sets of values and norms that govern the actions and behavior of an individual in the business organization.
    Business ethics have two dimensions, normative business ethics or descriptive business ethics..

  • Why we are studying business ethics?

    Without a strong set of ethics, a business can run afoul of the law, encounter financial pitfalls and moral dilemmas.
    But good business ethics ensure customers, employees, and other stakeholders that a company obeys the rules and does the right thing..

  • In practice, a code of ethics plays a crucial role in building trust by aligning the company's mission statement with the interests of stakeholders involved in outsourcing.
    It sets a standard for integrity and responsible conduct, ensuring that ethical considerations are at the forefront of decision-making processes.
Rating 4.7 (24) Organizations. Business Ethics and Social Responsibility – Grade 12 Alternative Delivery Mode Quarter 3 – Module 1: The Nature and Forms of Business 

What is a business ethics course?

Course Description: The course deals with the fundamental concepts, principles, and practices of ethical standards in the business environment

It combines the theoretical foundations of setting up business enterprises with the conduct of entrepreneurial activities in the context of one’s accountability and social responsibility


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