Meaning ● SMB Ethics, in the context of small and medium-sized businesses, centers on the moral principles and values guiding strategic decisions related to business growth, automation adoption, and technology implementation. ● This framework ensures that SMBs operate with integrity, fairness, and transparency, building trust among stakeholders. Embracing these ethical considerations provides a crucial advantage, supporting long-term financial stability and fostering a responsible business reputation in competitive markets. ● For example, when implementing automation, SMB Ethics calls for a commitment to workforce development, mitigating potential job displacement through retraining and skill-building initiatives. When pursuing business growth, fair competition and ethical marketing practices must prevail.
