ELI5: Explain Like I'm 5

Eastern ethics in business

Eastern ethics in business describes how businesses in Eastern countries (such as China, Japan, India, and Korea) operate. It focuses on how businesses treat people and their environment in a respectful and responsible way. This includes respect for those who work in the business, fairness in pricing and products, honesty about their products and services, and environmental responsibility. Eastern ethics also emphasize good customer service, so businesses make sure to treat their customers well. Finally, Eastern ethics encourages businesses to contribute to their community and work to improve society.