Business ethics is the application of moral standards to business situations. Greek word (ethos), which refers to the values, norms, beliefs, and expectations. According to the greek system of logic introduced by socrates,.

Which of these concepts relates to utilitarianism? Webbusiness managers don’t need to study ethics in order to know how to treat employees, shareowners, and customers. Webin our professional lives, ethics guides our interactions with customers, clients, colleagues, employees, and shareholders affected by our business practices. Weban ethical decision or action is one that is right according to some standard of behavior. Business and ethics simply don’t mix. Webstudy with quizlet and memorize flashcards containing terms like ethics, business ethics, 3 layers of business ethics a. ) basic values (3) and more.

Business and ethics simply don’t mix. Webstudy with quizlet and memorize flashcards containing terms like ethics, business ethics, 3 layers of business ethics a. ) basic values (3) and more.