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Business ethics definition? please use your own words, thanks.

Business ethics definition? please use your own words, thanks.
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Ans:- Ethics is the principal or moral values through which individual behaviour is governed. Ethics in business helps the employees and companies in making the right decisions which are morally and legally correct. Business ethics helps in creating a fair cultural environment in the company which works in the interest of the employees and the companies

Business ethics is one of the most important factors to operate any organization which beliefs in fair business practise. It lays the foundation of corporate governance of the firm.

Business ethics helps the company in solving various issues that companies may face from time to time like bribery, discrimination, insider trading etc and helps in making the right decisions which in turn helps the company in maintaining honesty and integrity of its image in front of the stakeholders and shareholders of the firm.

Therefore ethics is an important factor not only for the companies to be successful but it is also an important factor for every individual to be successful not only professionally but personally.

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