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Question:
(a) Ethics is the set of moral principles by which people conduct themselves personally, socially, or professionally. Critically analyze the basic ethical values for business.
(b) Unethical business practices can affect your business, the amount you make in profits from one unhappy customer can translate into a lot more losses because of missed repeat business. Critically analyze the important ethical questions when considering a questionable course of action.
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Explanatory statement - mergers and winding up: It is also necessary that the members or creditors who are to vote on the scheme should be able to understand its full effects.
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