BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Business ethics must sit on a firm foundation which requires us to believe that there is an absolute right and wrong; a right and wrong that is universal and constant for all people, for all places and for all of time. Business ethics also considers the price one is willing (or unwilling) to pay to do what is right.

Detailed explanation-2: -Ethics are the standard of what is right and wrong, and they are based on our values. Being ethical requires making a moral judgment, and that’s not always easy.

Detailed explanation-3: -Ethical issues in the workplace are defined as instances in which a moral quandary arises and must be resolved within an organization. Unethical accounting, harassment, health and safety, technology, privacy, social media, and discrimination are the five primary types of ethical issues in the workplace.

Detailed explanation-4: -Business ethics is a practice that determines what is right, wrong, and appropriate in the workplace. Business ethics is often guided by laws, and these principles keep companies and individuals from engaging in illegal activity such as insider trading, discrimination and bribery.