Ethics when applied to business is a set of values andbeliefs, culture evolving over a period of time thatguides business practice. Business ethics is thereforea form of applied ethics.
The aim of business ethics is to inculcate a sensewithin a business owner and the employees of how toconduct business responsibly. Business ethics isoften translated through such terms as integrity of responsible business conduct, what is right or wrong,legality, etc. therefore the goal of ethics is the pursuitof that which is legal, right and balanced.