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Similarly, workplace ethics follow a similar trajectory. When an organization's leadership establishes a code of conduct and ethical standards, it is essential that they consistently uphold these principles. Failing to align with the stated code can erode the organization's credibility. Ethical leaders exert a significant influence on the decisions and behaviours of others, setting a positive example for the entire workforce.
What are Ethics And Business Ethics?
- Ethics: Fundamentally, ethics refers to how we behave, live, direct our lives, and interact with others. Ethics also refers to our moral beliefs and ideals that guide our behaviour in terms of what is right and wrong, as well as our decisions and decision-making processes.
- Normative Ethics: The area of ethics known as normative ethics is concerned with answering the question, «How should and ought we live and act?»
- Business Ethics: How should we apply our principles to the way we conduct business? Business ethics is applied ethics that focuses on real-world situations, the context and the
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