Business ethics is the written and unwritten principles and values that govern decisions and actions within companies.
Ethics are of critical importance to organizations, as they can potentially have enormous impacts on their communities.
A critical function of organizational management is empowering a positive sense of values and ethos at the individual level.
Organizational ethics express the values of an organization to its employees and affect all functional areas in a business.
Treating employees equitably enables substantial organizational benefits while avoiding unethical operations and the corresponding consequences.
Transparency consists of operating in such a way that it is easy for others to see what actions are being performed.
A situation in which someone in a position of trust has competing professional or personal interests is known as a conflict of interest.