A study of Business ethics through different aspects of Life

An Overview

Abstract

Ethics in business is one of the important aspects. Whether it is ethics in life or business ethics, it remains same. Ethic is ethic, which remain same at any sphere of life. It can be learn through different aspects of life. It is side of life, which always shows the brighter side of an aspect. With changing time, trend of modern society is changes values of life, this transformation we called as paradox of our life. Today we have bigger houses yet smaller families. More convenience but less time, we have more degrees, but less common sense, and so on. The ethical values for a business can be learning through a pencil, practice of life, or from the great epics. The conceptual values of ethics based on the four pillars such as Ethics, Habit, Virtue and conduct. Ethical Values needed in every walk of life of a business or even a person. Thus, there is a quest for better understanding of ethics everywhere nowadays. The concept of ethics is talked everywhere, whether it is business or profession or in the practices of common people. Everybody is talking about it whether it is government, corporate, researchers or academicians. However, doing good is not easy. It is not always obvious or enjoyable. It can even be painful. Being ethical, moral, and caring about people and the environment is daunting in a world filled with conflict and hatred on a global scale, where hundreds of species and entire cultures teeter on the brink of destruction, where new surveillance technologies deprive us of our privacy and our humanity. Ethics is the science of morality of conduct. It deals with the right & the wrong in actions; moral good & evil; merit & demerit of moral agents doing right and wrong; rights, duties & virtues of persons in society; freedom & responsibility of persons. It embraces all these fundamental moral concepts involved in moral consciousness. The notion of right & good are the most fundamental of all moral concepts. The words ethics & morale used synonymously but neither of them consistently employed. “Ethics” refers to high standards of professional conduct. From primary schools to Giant Corporation ethics is the same, i.e. do good to others, the entrepreneur succeeds in his every endeavour, when he follows the external, moral standards consisting of personal values & a strict personal code of conduct based on them.“Ethics” is “ethics”- whether in our business lives or in our personal lives. Moreover, it does not mean doing only what is legal or doing only what is allowed by rules & regulations, rather it means doing what is right. Moreover, it is the reflection of life.