state the definition of business ethics.is ethics is an important factor today?

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Answer 1

Business ethics is the branch of ethics that examines ethical rules and principles within a commercial context; the various moral or ethical problems that can arise in a business setting; and any special duties or obligations that apply to persons who are engaged in commerce. Those who are interested in business ethics examine various kinds of business activities and ask, "Is the conduct ethically right or wrong?"
Ethics is becoming more of an important factor today especially in certain fields of business e.g.medical, associations, not for profit organisations. The principles of ethics become blurred in the international landscape (based on cultural differences) as what's right for you is wrong for me.