What is business ethics?

Business ethics definition

Business ethics or corporate ethics is designed to control the behavior of members of the company, business members, partners. Ethics regulates the rules and norms established in the organization. If you are interested, please, continue reading this essay on business ethics.

In other words, business ethics applies to the body of common laws, statutes and values. Values are responsibility, honesty, respect, fairness, legality. Business ethics based on the respect for not only their interests but also interests of partners, clients, colleagues and employees.

Each company use the phrase corporate ethics. In the civilized world, ethical norms and laws are a common part of life. Office work requires certain skills of communicating with people and establishing contacts.

Business ethics examples

Management needs to keep track of which ethical norms are formed in the team. Discipline and relationships in the team depends on the efficiency. The Manager needs to take employees of your company as an individual person, with rights and dignity. Touching the emotional state of a person, the Manager will not receive from the worker’s good performance and efficiency. Corporate ethics enhances self-discipline and self-organization of employees.

A number of drawn businessmen are kept in regiodata results, it is possible to define the main goal and task of business ethics. The purpose is to provide guarantees and support to the business and its participants. And task regulation of relations of the entrepreneur with partners, employees, customers, government and ethical behavior.

Ethical and social responsibility

To achieve understanding and adherence to ethical principles is extremely difficult, interfere with this various barriers.

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  • skepticism about the ethics in business;
  • pessimism (there is nothing changed; stealing and will steal);
  • fatalism (the evil is omnipotent, it is everywhere and always wins);
  • shifting responsibility on others (I’d love to, but others);
  • lack of confidence in his moral sequence;
  • moral incontinence;
  • fear of becoming uncompetitive;
  • inflated self-esteem.


  • laws, public opinion;
  • corruption of public officials;
  • the dishonesty of business partners;
  • the use of force in relations with partners;
  • non-requirement in business communications. In the sphere of trade:
  • breach of payment obligations;
  • violation of terms of delivery;
  • purchase and sale of goods with expired deadlines;
  • the professionalism of staff;
  • operations with smuggled goods. In production:
  • production of low-quality goods;
  • forgery of trademarks;
  • creation of shell companies and transfer of funds. In the field of Finance:
  • delay operations to “scroll” of money;
  • dishonesty of employees;
  • disclosure of trade secrets, theft, collusion with competitors;
  • forgery and the like.

As evidenced by the results of the sociological researches to establish ethical principles, ethical issues to write about:

  • reasonable tax policy;
  • a clear and stable legal regulation of economy;
  • elimination of organized crime and corruption;
  • political stability;
  • professionalism of entrepreneurs;
  • equal conditions for all for business;
  • formation of a positive image of the entrepreneur;
  • formation of corporate ethics of entrepreneurs;
  • teaching the ethical foundations of business.

One of the main problems in business ethics relationship between partners who are performing the duties and obligations the observance of the terms of the contract, honesty, respect, ethics, trust etc. Trust and security are important components of a successful business. Even more difficult to observe ethical norms in the fight against competitors. Competition must be fair, based on existing laws. The dishonest conduct of the struggle will have a negative impact on the reputation of the company, and thus will reduce the number of customers and partners.