Business ethics

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4 Terms

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Ethics

Knowing right and wrong and choosing to do what is right, especially when it affects others. In business, ethics means being honest, fair, and responsible in making decisions and actions that impact customers, employees, and the public.

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Ethos

pertains to values, norms, and beliefs that determine how people behave in everyday life.

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Corporate social responsibility

Concerned with the responsibilities and obligations of business to people, communities, and the society around them.

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