The Definitions ...

Business

- where an organization or economic system where goods and services are exchanged for one another or either for money. Every business requires some form of investment and had enough customers to whom its output can be sold on a consistent basis in order to make a profit. Businesses can be owned privately, non profit or state owned.

Ethics

- can be defined as the critical structured examination on how we should behave. In particular, how we should constrain on the pursuit of self-interest when our actions affect others.

Business Ethics

- can be defined as the critical structured examination on how people or the institutions should behave in the world of commerce. In other side, it involves appropriate constraints from the pursuit of self-interest, or profits, when the actions of individuals or firms will affects others.


Cooperate Governance
- The framework of rules and practices by which a board of directors ensures the accountability, fairness, and transparency in a company's relationship with its all stakeholders which is financiers, customers, management, employees, government, and the community. The corporate governance framework consists of explicit and implicit contracts between the company and the stakeholders for distribution of responsibilities, rights, and also rewards, This procedures is for reconciling the sometimes conflicted with the stakeholder interest with their duties, privileges, and roles. the procedures for proper supervision, control, and information-flows to serve as a system of checks and balances, also called corporation governance.


Your Writer,
Akeem Mohamad