Discuss Ethics Principles Standards Guide Behavior Business World Primary Guide Q34196501

Discuss the ethics’ principles and standards that guide behaviorin the business world. What should be the primary guide? Why?

Expert Answer

Ethics can be said to be the behavioral standards that humanbeings should follow in the professional, personal and othersituations that they face. Those working in the business andcorporate world are also guided by the ethical principle andstandards, and their behavior and actions should be in line withthese. While the primary purpose of a business can be to achievegreater profits, the goals can only be attained in legal andethical ways.

The Five Sources of Ethics and Ethical Standards

The five major sources of