Question 1: Explain the importance of ethics and values ​​in business sustainability. To understand the importance of ethics we must first understand what ethics is. Ethics can be defined by Hornby as “moral principles that govern or influence a person's behavior”. It deals with the behavior of an individual or a company and is therefore related to businesses. Business ethics can be defined as “written or unwritten codes of principles or values ​​that govern decisions and actions within an organization.” There are different types of ethics: descriptive ethics, normative ethics and analytical ethics. Ethics are based on genetic inheritance, religion, philosophical systems, cultural experiences and the legal system. Individual factors, organizational factors, and environmental factors all influence ethics. Values ​​can be defined as “the context within an organization or the norms of a society are established and justified”. . Ethics and values ​​work interdependently, and as a result, employees are more attracted to an organization that has a good set of ethics and values. Many ethical issues can arise due to the ever-changing environment and that is why ethics and values ​​need to be delineated in such a way that there is stability in a business. Some ethical issues will be discussed below. The code of conduct is a guideline on how employees should behave in a work environment and also explains your role within an organization. A code of conduct exists to promote honesty and ethical conduct, proper public disclosure and legal compliance so as to avoid fraud, dishonesty and criminal behavior. Whistleblowing occurs when an employee raises a concern with people who have the correct authority and power. a…… middle of paper……le- low concern for people and high concern for production.3. Impoverished style: little concern for people and little concern for production.4. Middle style: moderate concern for people and moderate concern for production.5. Team style: High concern for people and high concern for production. There are many different leadership styles that many leader-managers can develop. The ones they develop can be beneficial to the company and make it successful by focusing on employees and production, or they can harm the company by focusing only on tasks that need to be completed. This will cause employees to feel like they are not needed and Theory X behavior will come into play. This can be avoided by developing good leadership characteristics so as to create and sustain a successful business.