An Entrepreneur — Entrepreneurship STD 11 Commerce — Question
CBSE BoardEnglish MediumSTD 11 CommerceEntrepreneurshipAn Entrepreneur1 Mark
Question
Define and explain 'business ethics'.
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Answer
Business ethics basically means to conduct business with a human touch in order to give welfare to the society. Business ethics are often guided by law.
Andrew Crane defines business ethics as, 'Business ethics are the study of business situations, activities and decisions where issues of right and wrong are addressed'.
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