What are business ethics??..

business

An organization or enterprising entity engaged in commercial, industrial or professional activities. A business can be a for-profit entity, such as a publicly-traded corporation, or a non-profit organization engaged in business activities, such as an agricultural cooperative.

ethics


The word ethics refers to a set or system of moral ideals. Just as it takes the thoughts and ideas of many people to make up an ideology, ethics are a product of society. Being so, it is not surprising that many ethical issues deal with the relationship between the individual and the group. It is in this area that the most change has occurred in ethics throughout time.



business ethics

Business ethics are moral principles that guide the way a business behaves. The same principles that determine an individual action also apply to business.