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Business ethics involves going beyond mere legal compliance and focusing on what is morally right. It requires fair treatment of employees, suppliers, customers, and the environment, even if doing so might impact profits. To enhance ethical practices, businesses should prioritize employee welfare by ensuring safe working conditions and providing fair wages that reflect the value of their contributions and enable a comfortable standard of living. Additionally, companies can implement financial incentives, such as bonuses or share schemes, to reward employees when the business performs well, fostering a more ethical and supportive workplace.