International Journal of Applied Research
Vol. 1, Issue 10, Part O (2015)
Antecedents of Ethics: It’s Reflection in Business
Ethics concern an individual's moral judgments about right and wrong. Ethics is the standards of conduct that indicates how one should behave on moral duties and virtues, which themselves are derived from principles of right and wrong. Ethics consists of rationality toward the highest level of survival for the individual, the group, the future race and mankind and other parts of existence taken collectively. Business Ethics deals with issues regarding the moral and ethical rights, duties and corporate governance between a company and its shareholders, employees, customers, media, government, suppliers and dealers. The ethical issues in business have become more complicated because of the global and diversified nature of many large corporation and because of the complexity of economic, social, global, natural, political, legal and government regulations and environment, hence the company must decide whether to adhere to constant ethical principles or to adjust to domestic standards and culture. Ethics is important not only in business but in all aspects of life because it is the vital part and the foundation on which the society is build. No matter the size, industry or level of profitability of an organization, business ethics are one of the most important aspects of long-term success. This paper attempts to highlight few crucial aspects of ethics viz; the antecedents of ethics, relationship of ethics with analogous conceptions, rationale behind the development of ethical principles and relevance of ethical conduct at the workplace.
How to cite this article:
Sumee Dastidar. Antecedents of Ethics: It’s Reflection in Business. International Journal of Applied Research. 2015; 1(10): 1006-1010.