The growth of a business is dependent upon moral practices performed by the businessman. If a customized is adopted and accepted by businessman and public, that customized will turn out to be an ethics.
Ethics are broader than what’s stated by legislation, customs and public opinion. For instance, accepting presents from father-in-legislation might be socially acceptable however not moral; house owners pocketing income without sharing the features with workers could be legally permissible however not ethical. What are the obligations of a business, is open to interpretations.
Ethics is a branch of philosophy concerned with human character and conduct. It is the discipline dealing with ‘what is sweet and unhealthy’ and with moral responsibility and obligation. Ethics is the embodiment of ethical values, which describes what, is ‘right’ and what’s ‘wrong’ in human behaviour and what ‘must be’.
Many social scientists felt that the deregulation of business would encourage the … Read MoreRead More »