Which of the following is a focus of business ethics?

Encouraging ethical decision-making and transparency is a fundamental focus of business ethics. Business ethics encompasses the principles and standards that guide behavior in the world of business, highlighting the importance of making decisions that are not only profitable but also morally sound. This means fostering an environment where transparency in operations and decision-making is prioritized. By promoting ethical practices, businesses can build trust with stakeholders, including customers, employees, and investors, leading to sustainable success.

A focus on ethical decision-making encourages individuals and organizations to consider the broader implications of their actions, ensuring that they align with societal values and expectations. This commitment to ethical behavior creates a culture where employees feel empowered to act with integrity, contribute to a positive corporate reputation, and ultimately help maintain a fair marketplace.

The other options illustrate concepts that may not align with the core principles of business ethics. For example, maximizing shareholder profits can conflict with ethical considerations if it leads to negative impacts on employees, communities, or the environment. Concentrating solely on competitive advantage might overlook ethical responsibilities in pursuit of success. Limiting employee autonomy contradicts ethical principles that value individual rights and employee engagement. Therefore, the emphasis on ethical decision-making and transparency stands as the cornerstone of business ethics.