What is Business Ethics?

The word "ethics" comes from the Greek word conduct "ethos", which means, customs or character. Ethics addresses the implementation of concepts such as responsibility, right and wrong and the application of moral ideals practical human activity. Ethical analysis will address the constraints of moral norms and legal requirements and consequences of actions. The output of this analysis is the determination of principles and protocols, development of individual and group responsibility for verification of the results of the implementation of this framework. Individual countries, cultures and business organizations will lead to different codes of ethical behavior. Each organization must then determine and develop their strategy, ethics and scope of such a strategy may include the following:

1. Criminal behavior and the need to operate within the legal framework. The strategy may include training and awareness for individuals and teams so that employees understand the legal constraints on business and responsibilities of these places on individuals;

2. Human values ​​and personal behavior. Ethics policy needs to define a strategic and human resources as people are expected to conduct themselves both within the business and also in their interactions with suppliers, customers and competitors and the development of business relationships;

3. Behavior in business. Ethical policy should address how all business activities are conducted, monitored and audited to ensure they comply with legal guidelines and ethical standards. Ethical strategy must also include a review of potential ethical business risks and how these can be mitigated.

So what is the strategy of business ethics and do not stand up to examination? ......