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business principles

/ˈbɪznəs ˈprɪnsɪplz/ · bus.i.ness prin.cip.les
noun
  1. Guidelines or values that govern business operations and decision-making. The company's business principles emphasize transparency and accountability in all dealings.
  2. Core values or philosophies that shape a business's culture and practices. The startup's business principles prioritize innovation and customer satisfaction.
Did you know? The concept of business principles has been influenced by various philosophical and management theories, including the works of Adam Smith, who emphasized the importance of ethics in business, and Peter Drucker, who advocated for a focus on long-term sustainability and social responsibility.
Written by Lexi Wordsworth, Dictionary Editor 1 lookups Added Aug 9, 2026