Question 20 of 34
Q.Explain the following term/concept.
Business ethics
Maharashtra MsbshseMaharashtra HSC (MSBSHSE) Board 2024Subjective· 2mImportance★★★★★
59% · 20/34 Questions
You're viewing a preview — the full solution, concept, methods & PYQ mapping are locked.
Start your 14-day free trial to unlock the full solution →Business ethics is the application of moral principles of right and wrong to business decisions and conduct, so that a firm behaves fairly and honestly toward all stakeholders.
Business ethics is the study and practice of what is morally right and wrong in the world of business. It is the set of moral principles and values that governs the conduct of a business enterprise and the people who work in it. Ethics tells a businessman what he ought to do, beyond what the law merely compels him to do.
…
Unlock everything free for 14 days
- Full step-by-step solutions
- Concept-first explanations
- Methods, shortcuts & mistakes
- PYQ mapping + timed mock tests
Full access for 14 days. No credit card required.