Final answer:
Corporate ethics are guided by an organization's values and moral frameworks, with c. corporate social responsibility playing a significant role. Ethics in business cover various aspects including environmental stewardship, stakeholder welfare, and ethical technology use.
Step-by-step explanation:
Ethical rules within an organization are often based on the organization's core values and can include principles such as corporate social responsibility, transparency, and fair competition. These ethical guidelines are encapsulated in a company's code of ethics and are influenced by various moral frameworks, including consequentialist, deontological, and virtue ethics. Codes of ethics not only help to ensure compliance with laws and regulations but also reflect the deeper moral and social commitments of the business, such as environmental stewardship and the welfare of stakeholders.
Corporations are increasingly assessed on how much responsibility they take for social, economic, and environmental problems. Establishing ethical practices, especially in the domains of emerging technology like artificial intelligence, is challenging but crucial to ensure that innovations benefit society while minimizing potential harms. These considerations are an integral part of business ethics discussions.