Definition of ethics - Doing the right thing at the right time, in the right way, for the right reasons.
Business ethics is a form of applied ethics that examines ethical principles and moral or ethical problems that arise in a business environment. Being unethical in business can lead to the following corruption and economic crimes:
- Tax evasion
- Fraud and forgery
- Price Fixing and skimming for tendering
- Money laundering
- Bribery
- Conflict of Interest