Business ethics

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Every business has to follow certain guidelines which guide their behaviour. BUsiness ethics deals with distinguishing wheather if a decision is “right or “wrong” and making the ethical or right choice. an example of this is not using children in firecracker factories in India. Every business has to follow a “code of rules” while making choices. Business ethics also limits a business’s options to innovate and make profitable decisions. corporate social responsiblity also comes under business ethics. it states that a company should minimise any harm to the environment and work so that they do not damage the cultures and communities they operate in.