Ri tu b harga va, P riy anka si ngh , Ab hil ash a r aj put , Ab hay th ak ur , Har sh ban sal , S on u m or ya.

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Ethics refer A system of moral principle A sense of right and wrong Goodness and badness of action Motives and consequences

Codes do not produce ethical behavior . Our ethics tend to flow from our core values . People have intrinsic worth .

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Theory of morality Theory of amorality

The theory of moral unity based on the principal that the business should be judged by the general ethical standards of society . Its exists only one ethical standards which applies to business and to non-business situation.

The theory of amorality suggest that business action should not be judged by general ethical standards .

Business ethics is a form of  applied ethics that examines ethical principles and moral or ethical problems that arise in a business environment.

Business ethics is the behavior that a business adheres to in its daily dealings with the world. The ethics of a particular business can be diverse. They apply not only to how the business interacts with the world at large, but also to their one-on-one dealings with a single customer.

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Religion converge on the belief that ethics is an expression of divine will that reveals the nature of right and wrong in business and other areas of life . Religions are Hinduism ,Buddhism ,Christianity ,Islam , Judaism .

Culture refers to a set of values ,rules ,and standards transmitted among generation and acted upon to produce behaviors that fall within acceptable limits .

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Laws are rules of conduct ,approved by legislatures ,that guide human behavior in any society . Some of the Acts which seek to ensure fair business practices are :The consumer protection Act ,1986 The monopolies and restrictive trade practices Act ,1969

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Ethics corresponds to basic human needs . Create credibility with the public . Credibility with employees . Better decision making . Ethics profit.

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