Meaning ● An Ethical Metrics Framework within SMBs serves as a structured system to measure and evaluate the ethical impacts of business growth strategies, automated processes, and technology implementations. It’s important because these frameworks enable businesses to ensure profitability and operational efficiency without compromising ethical principles and societal values. ● For example, an ethical metrics framework could assess the fairness of AI-driven hiring tools within an SMB, checking for bias and ensuring equitable opportunity, or examine the impact of data privacy policies on customer trust and satisfaction.
