Winnsboro, Louisiana. Winnsboro is a small city and the parish seat of Franklin Parish, Louisiana, United States. As of the 2010 census, the population was 4,910, down from 5,344 at the 2000 census. The city is 59 percent African American.
Managerial ethics refers to the moral guidance a supervisor provides his employees. No one ethical approach is universally accepted, so each small business owner must choose his own approach to ethical management. Many ethical approaches exist, each with a distinct twist on what it means to behave ethically.
DEFINITION of 'Business Ethics'. The study of proper business policies and practices regarding potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility and fiduciary responsibilities.usiness ethics are implemented in order to ensure that a certain required level of trust exists between consumers and various forms of market participants with businesses.