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What is Ethical Business Practices?

Ethical business practices involve conducting business in a manner that is fair, transparent, and respectful to all stakeholders. This includes honesty, integrity, and adherence to moral principles. Companies with ethical practices build trust and loyalty among customers and employees. Ethical business practices also involve social and environmental responsibility. They are essential for sustainable business operations and positive corporate reputation. Adopting ethical practices helps prevent misconduct and legal issues.

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