The study of proper business policies and practices regarding potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility and fiduciary responsibilities. Business ethics are often guided by law, while other times provide a basic framework that businesses may choose to follow in order to gain public acceptance. Business ethics are the moral principles of business conduct standards accepted by the business community and the business world. It is a set of values and rules covering rules are good or bad in business operations. Ordinarily, the government, the public, competitors and individuals determine what is to be acceptable. For example, an entrepreneur, ethical practice was an honest and trustworthy .
because it consist of two different concepts that can mix together without any issues. As we all know, ethics is the practices or policies that is stated to ensure the process of business is according to the procedure and rules. For business, the concept is differ because the business is considered as the process that is related to the state of being busy either as an individual or society as a whole, doing commercially viable and profitable work. Therefore, because of two differ concepts, the 'Business Ethics' is considered as 'oxymoron'.
Reference:
http://www.businessethics.ca/definitions/business-ethics.html
http://kalyan-city.blogspot.com/2011/09/what-are-business-ethics-meaning.html
http://loveninasyakina.blogspot.com/2013/02/what-is-business-ethics-why-business_13.html
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