Do you think business ethics is possible? Sen and Vaidya claim that business ethics are not only possible but a necessary element for businesses to function. How do they show this? Do you agree or disagree and why?
Business ethics is possible and it can be fully practiced by a person who is hard core successful businessman.
Explanation:
Ethics is a philosophical science of understanding human behavior from all the aspects and differentiating between right and wrong.
Business or corporate ethics deals with ethical and moral challenges faced in a business environment. It can be also defined as a set of principles or values decided by the organization's culture.
Functioning is an important element in any of the business undertaken. And the functioning of these corporate ethics in a way which are personal, professional and corporate helps one to achieve success in business.
It is mandatory to follow business ethics as they have a potential impact on the organization.
Following business ethics helps one to achieve their goal in a defined and polished manner
