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More and more organizations recognize the importance of business ethics. Businesses, companies, and corporations are becoming aware that they have responsibilities to the wider community, and as such, they are paying more attention to ethical standards in their activities. Business ethics is the branch of applied philosophy that deals with normative questions concerning the conduct of business organizations.
Businesses that neglect ethical issues often face destruction or ruin, but those who take ethical considerations into account succeed in achieving their goals. Every entrepreneur must establish their own personal value system and commit to living by it.
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