Question

Felista Inc., a company which deals in dairy products, adheres to a standard of behavior for its employees, and follows certain practices that reflect the moral principles and values held by the company, and guide the conduct of the individuals in the company. Which practice is described in this scenario?

Answer 1

Answer: Business ethics

Explanation: Business ethics is the code that states about the business conduct with morality with the help of regulations, policies,practices etc in the business field. It is expected to be maintained during the situations like ,bribery ,responsibility in corporation, discrimination in business field etc.

According to situation mentioned in the question, Felista Inc. is following the business ethics by indulging the moral values, principles and guidance in company and members of company.