Business Studies

Which ethical principle in business advocates equal treatment of all irrespective of caste, creed, gender or any other differences'?


ANSWER

Justice and fairness


SOLUTION
Ethical executives and fair and just in all dealings; they do not exercise power arbitrarily, nor take undue advantage of another’s mistakes or difficulties.
Persons who follow fair practices manifest a commitment to justice, equal treatment of individuals, tolerance for and acceptance of diversity. They are open-minded, are willing to admit they are wrong and where appropriate, change their positions and beliefs. Thus justice and fairness are ethical principles in business advocates equal treatment of all irrespective of caste, creed, gender or any other differences.
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