What Are Basic Business Ethics Concepts?

Business ethics refers to the application of accepted ethics to specific business scenarios and activities. Professional ethics. Business ethics starts with the analysis of the nature of business and the early behaviors of business activities, and provides people with business ethics codes that determine whether business activities conform to ethical norms. In ancient China, there were requirements for business to be justified, profitable and sufficient. Under socialist conditions, the basic contents of business ethics are: serving the people and being responsible for the people; conducting business with civility and courteous guests; observing laws and regulations, authenticity; fair trading, honesty, and no deception.

Business ethics

(A type of professional ethics)

Business ethics is a historical category, as a

Employee engagement is a manifestation of employee involvement in the enterprise. Industry research shows that companies with high employee engagement generally have good results. The three-year operating profit of companies with high employee engagement will increase by an average of 3.7%, while the low-employee companies will have an average of 2% operating profit reduction in three years. A company's business ethics will directly affect employee engagement. Once employees believe that the company they work for does not have business ethics, employee engagement will be severely reduced. Therefore, improving the business ethics of the company, or promoting the business ethics of employees, especially the business ethics of senior leaders, will have a positive impact on improving employee engagement.