What is the basic concept of business ethics

It is the worth of right and wrong things from a business.Works of producing , marketing and exchanging products and services with the intension to earn profit.These relationships exist between businesses and consumers on multiple social and economic levels.They are make sure they pay their employees good working circumstances and good salaries so that they can also work since they are been paid for the services they render.Business ethics is a practice that determines what is right, wrong, and appropriate in the workplace.Ethics is a subject of social science that is related with moral principles and social values.

What is business ethics mention the basic elements of business ethics?Business ethics is the implementation of policies and procedures regarding topics such as fraud, bribery, discrimination, and corporate governance.Business ethics is a collection of moral principles that act as guidelines to decide the ethical culture of a business or organization.Business ethics is the study of how a business should act in the face of ethical dilemmas and controversial situations.The exact behavior will depend on the country and the company.Business ethics, otherwise known as corporate ethics, is applied in order to examine and analyze certain ethical principles or moral problems concerning every aspect of the business environment.

Functions of business there are many function need for running.