Ethics in business refers to the principles, values, and moral standards that guide the behavior and decision-making of individuals and organizations within the business environment. It involves conducting business operations in a responsible and morally upright manner, considering the impact of actions on various stakeholders, including customers, employees, shareholders, communities, and the environment.

1. Teresa Aguilar – MBA
La Consolacion University of the
Philippines

2. moral codes that govern
behavior of a person or group
of people
• good vs. bad
• right vs. wrong
• fair vs. unfair
• praise vs. blame

3. these are moral principles
that guide the way the
business behaves.
set of moral standards that
are relied upon to reach
conclusions and make
decisions.
in business, ethics are a
key factor in decision
making

4. business ethics are important for managing
a sustainable business mainly because of
the serious consequences that can result
from decisions made with a lack of regards
to ethics

5. • improve employee and
organizational morale
• increased ability to
attract new customers
• improved customer
loyalty

6. • reduce risk of negative
exposure and public
backlash caused by poor
ethics
• attraction of new
stakeholders
• making a positive impact
on the community

7. https://smartybusiness.com/what
-are-the-role-of-ethics-in-
business/
https://www.slideshare.net/phara
apharoo/the-role-of-ethics-in-
business?from_search=0