Short Notes on Business Ethics.

There is no need to start with any particular name or action regarding unethical businesses and practices. Everywhere we see practice of bribery, commission, offering low quality against promises of high or genuine quality, use of child labour in dhabas and so on. The whole society is running for excessive profit making without understanding the impact of these decisions. It will lead us to a point where wealth will be there but peace will not be there. We need to check this uncontrolled growth like growth of cancer cells for a sustained prosperous society. Ethical behaviour is the only way for this problem.
 

Ethics are principles or standards of human conduct, sometimes called morals, and, by extension, the study of such principles is sometimes called moral philosophy. In the west, ethics is regarded as a normative science and a breach of philosophy because it is concerned with the norms of human conduct as distinguished from the formal sciences such as mathematics and logic, and the empirical sciences such as chemistry
and physics.
 

Business ethics is ethics applied to the business environment in order to study the moral and ethical issues related to it. Although business ethics can be both a normative and descriptive discipline, when it comes to corporate practice, it is essentially a normative science.