Teaching business ethics involves imparting knowledge and shaping attitudes about ethical principles and responsible decision-making in a business context. It equips individuals with the ability to recognize, analyze, and address ethical dilemmas that arise in the workplace.
Inculcating business ethics is crucial for several reasons. It fosters a culture of integrity, transparency, and accountability within organizations. Ethical conduct helps build trust among stakeholders, enhances reputation, and promotes long-term sustainability. Historically, business ethics has gained prominence as organizations recognize the significance of ethical practices for their success and societal well-being.
