BUSINESS ETHICS.

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Business ethics.
Business ethics are the moral principles that act as guidelines for the way a business conducts itself and its transactions. In many ways, the same guidelines that individuals use to conduct themselves in an acceptable way in personal and professional settings apply to businesses as well.
Concept related to business ethics
Businesses as a Corporate Entity.
Business corporations in most of the nations are considered legally as entities or persons, example the rights and liabilities legally used to persons or citizens are also applied to business corporations.
Business Ethics considered as Good.
Business ethics considered as Good requires containing and following a norm of moral values keeping the expectations and rights of people ahead of the profit maximization of business. A business’s main goal is to make a profit but peoples’ rights and expectations should not be ignored.
Unethical Business Practices.
Many companies have been fined a large amount of money for following unethical business practices. Putting the low quality products with free gifts. Also ignoring the right of consumers.
Moral Right.
A moral right refers to a person’s claim to something. When a person is entitled to a right, he or she is able to make a decision whether or not to claim such right without anyone’s permission.
The Concept of Justice.
The concepts of justice are based on ethical principles that determine just means of allocating benefits and burdens to all people of the society.

Describe the unethical practises of the operations.
Unethical practices  unethical behavior in business, we're talking about actions that don't conform to the acceptable standards of business operations, failing to do what is right in every situation.
 Misusing company time.
Whether it is covering for someone who shows up late or altering a time sheet, misusing company time tops the list. This category includes knowing that one of your co-workers is conducting personal business on company time. Using the company time to your own personal business.
Abusive behavior
Too many companies are filled with managers and supervisors who use their position and power to mistreat or disrespect others. Unfortunately, unless the situation you're in involves race, gender or ethnic origin, there is often no legal protection against abusive behavior in the company.
Employees theft.
A large number of employees caught with the cases of stealing and frauds in company that seen among an ethical practise in business.
Lying to employees
The fastest way to lose the trust of your employees is to lie to them, yet employers do it all the time. One of out every five employees report that their manager or supervisor has lied to them within the past year.
Demonstrate business ethics in business operation.
The following are ways to demonstrate the business ethics in business operation


Customer Value Strategy.
Ethical standards in business are built off of a customer focus and commitment to providing value to its customers. When an organization is committed to improving the lives of its .
Accounting Practices.
Financial honesty and transparency is a basic expectation of shareholders, customers and employees.
Truth-in-Selling.
When an organization markets a product or service, they are obligated to deliver what was promised to the customer. Whether it is a television  or a print ad in the newspaper, the product described should be what is delivered to the customer.
Product Integrity.
Product integrity is important to those of us who purchase products and services.This is when public perception and brand recognition come in to play.


                                                              Reference
Brenner, Steven, and Molander, Carl. “Is the ethics of business changing?” Harvard Business Review, January–February 1997.











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