Business Ethics

The paper delves into the significance of ethics and social responsibility within business environments. It examines various unethical practices, including nepotism and gender discrimination, and their detrimental effects on organizational performance. By analyzing the determinants of business ethics—social, economic, and organizational factors—the study underscores the necessity for businesses to adopt ethical standards that promote fairness, equity, and respect for all stakeholders. Furthermore, it discusses the importance of educating employees and managers about ethical conduct to prevent inwardly focused values that may compromise their responsibilities to stakeholders. Ultimately, the paper advocates for a commitment to ethical practices as a foundation for sustainable business success.