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Managerial Economics
Managerial Economics
The general concept of business ethics is to create and implement guidelines that could
help to determine the right and wrong within the Company or workplace and also establish
values for the employees to avoid any unethical decisions and actions that could harm the
company especially the customers. Importantly, it will help the company to be resilient to all
threats and vulnerabilities that might encounter. By practicing the right ethics and providing
standards that will benefit the individuals within and outside the company. And Companies that
advocate for business ethics motivate their employees to perform their roles with integrity.
Business Ethics and corporate social responsibility are both promoting ethical and moral
practice or actions. Both hold regulations and guidelines to keep the company in good condition.
Company should not only make reliable products, it should also consider all moral values to
make the company successful and productive. Social responsibility and ethics should be