Question

A lot of information about business ethics and entrepreneurship

Should be Not less than 2000 words

Answer 1

Business ethics is created by people to ensure that a certain level of trust and relliability exists between customers and business enterprise . Some issues that come up in business ethics are corporate governance, insider trading, bribing, discrimination and social responsibility. Business ethics is mainly about moral code of what is right and what is wrong. Ethics means the set of rules or principles that an organization should follow. Businesses should have a balance between the needs of the stakeholders and their aim of making profits.Under this one cannot be compromised for another. Being fair to all, its purely created by humans to have fair business practices. It also encourages Corporate social responsibility.

An entrepreneur is an individual who creates a new business, by undertaking risks and enjoying its outcome either its profit or loss. An entrepreneur is an innovator, a source of new ideas, goods, services, and business/or procedures. They normally thinks out of the box and brings idea of making fortune. Entrepreneurship is an ability or the readiness to develop, organise and run a business enterprise along with any of its uncertainties in order to make a profit. New innovations are brought up by entrepreneurs.