Chapter 4 Business ethics is related to the moral and ethical values of a company within its field of activity, as well as in front of its customers and competitors. Her values are the same that govern ethics as a whole and the conduct of relationships in the social environment. The effects of ethical business practices can financially benefit a company, helping it get what it needs to grow. In other words, ethics is related to the principles and values that an individual uses to base his activities and decisions. In an organization, a code of ethics is a set of principles that guides it in its programs, policies and business decisions. The ethical philosophy that an organization builds to do business can affect its reputation, productivity, and its financial results. The value of strong ethical practices can be found in your business reputation and company brand. As a business leader, you are also a seller of goods or a provider of services. Therefore, custome...