Question

What are the main key areas that business ethics should focus?

What are the main key areas that business ethics should focus?

Homework Answers

Answer #1

Key Areas that business ethics should focus

1. Confidentiality: Employees must maintain secrecy of important information and not divulge it to rivals or competitors at all costs.
2. Objectivity: All key decisions should not be biased or subjective. Infact, each decision should be objectively analyzed to make it free from bias.
3.Concern for others: All professional should focus on well being of fellow professionals.
4. Loyalty: In business loyalty should be paramount and trading valuable information for money or other gifts should be avoided.

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