Which of the following is NOT a main component of business ethics?

Business ethics fundamentally comprise values, principles, and standards of behavior that guide individuals and organizations. Values represent the beliefs and ideals that individuals hold, which shape their decision-making and ethical considerations. Principles, often derived from these values, provide foundational guidelines for conduct and decision-making. Standards of behavior offer specific expectations or norms that define how individuals should behave in a professional context.

On the other hand, business tactics refer to the methods or strategies employed to achieve business objectives. While they can be informed by ethics, tactics themselves do not inherently carry ethical implications. Ethical considerations guide the development and implementation of tactics, but they are not a core component of business ethics. Thus, this distinction clarifies that business tactics fall outside the primary framework of ethical considerations which focus more on guiding values, principles, and behavior standards.