Business ethics means the Blank 1 Вопрос 1application of ethics in business. Business ethics are Blank 2 Вопрос 1moral principles that guide the way a business behaves. The same principles that determine an Blank 3 Вопрос 1individual’s actions also apply to business. Acting in an ethical way involves Blank 4 Вопрос 1distinguishing between “right” and “wrong” and then making the “right” choice. It is relatively easy to identify unethical business Blank 5 Вопрос 1practices .However, it is not always easy to create similar hard-and-fast definitions of good ethical practice. A company must make a competitive return for its Blank 6 Вопрос 1shareholders and treat its employees fairly. A company also has wider Blank 7 Вопрос 1responsibilities . It should minimize any harm to the Blank 8 Вопрос 1environment and work in ways that do not damage the communities in which it operates. This is known as corporate social responsibility.Ethical behavior and corporate social responsibility can bring significant Blank 9 Вопрос 1benefits to a business. For example, they may:- Attract customers to the firm’s products, thereby boosting sales and Blank 10 Вопрос 1profits - Make employees want to stay with the business, reduce labour turnover and therefore increase Blank 11 Вопрос 1productivity - Attract more employees wanting to work for the business, reduce recruitment Blank 12 Вопрос 1costs and enable the company to get the most talented employees -Attract Blank 13 Вопрос 1investors and keep the company’s share price high, thereby protecting the business from takeover.Unethical behavior or a Blank 14 Вопрос 1lack of corporate social responsibility, by comparison, may damage a firm’s reputation and make it less appealing to stakeholders. Profits could fall as a result.