Q.State any four elements/features of business ethics.

Business ethics has recognisable structural elements — from top-management commitment to a published code of conduct and periodic ethics audit.

Any four of the following elements/features of business ethics are acceptable:

1. Top management commitment — senior management's own conduct sets the real standard employees follow.
2. A published code of conduct — a clear, written statement of the values/standards the organisation expects.
3. Ethics compliance structures — an ethics committee, ombudsperson, or whistle-blower channel to report unethical conduct safely.
4. Involvement at every level — ethical standards applying uniformly from senior management to the newest employee.
5. Ethics training and communication — helping employees understand and apply the standards, not just recite them. …