What is business ethics

Ethics, the search for ‘a good way of being’ for a wise course of action, as it could be practiced by business firms is called business ethics.Ethics in business deals with the ethical path business firms ought to adopt. Afflicting the least suffering to humans and the nature in its entirety, achieving the greatest net benefit to the society and economy enriching the capability of the system in which it is functioning., being fair in all its dealings with its proximate and remote stakeholders, being prepared to correct its mal-habits and nurturing an enduring virtuous corporate character in totality, can be called business ethics. It is often suggested from extended utilitarian/ consequentialist position that businesses can often attain short-l