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Business ethics refers to the moral principles and standards that guide conduct and behavior in business. Ethics help define what is considered right or wrong, fair or unfair. Business ethics examines the ethical issues that can arise in business environments and originate from individuals, organizational statements, or legal systems. Adhering to business ethics through codes of conduct, values, and norms can help stop malpractices, improve customer confidence, create good relations, satisfy consumers, respect labor, and promote healthy competition. Factors like religion, culture, and law also influence business ethics.







