It is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment.It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.
ETHICAL BEHAVIOR IS GOOD BUSINESS Ethical business practices include assuring that the highest legal and moral standards are observed in your relationships with the people in your business community. This includes the most important person in your business, your customer.  Business ethics (also corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. Business ethics has normative and descriptive dimensions. As a corporate practice and a career specialization, the field is primarily normative. DEFINITION of 'Business Ethics'. 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 implemented in order to ensure that a certain required level of trust exists between consumers and various forms of market participants with businesses. Strong ethical business practices are a hallmark of a good company that you want to build and maintain in your small business. You cannot just develop them overnight. Build sound business practices by setting an ethical example and creating policies and procedures that govern the activities of your employees. The value of strong ethical business practices can be found in your business reputation and company brand. You are a seller of goods or a provider of services. Customers must believe in your brand to make repeated purchases. That's because they can usually buy a similar product or service from a competitor Ethical business practices, in essence, involve doing the right thing in the normal course of business. Companies with a good track record of aboveboard dealings and great customer responsiveness develop a good reputation, leading to long-term stability and a loyal customer base.  In part, this is because ethical business practices result from a corporate culture that consistently places value on ethical behaviour, a culture and climate that usually emanates from the top of the organization. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. Business ethics has normative and descriptive dimensions. As a corporate practice and a career specialization, the field is primarily normative. Ethical business practices are actions performed and attitudes held by a business and its employees that are considered professionally and morally responsible. Ethical practices are often initiated as a “top down” program, with corporate officers and the heads of the company acting as role models of behavior for other employees. Sustainable & Ethical Business Practices. As a global organization, we aim to protect the health and safety of our employees, the public and local environments, and are committed to conducting business with customers, shareholders and employees according to our high standard of ethics, and in compliance with the law. Value. The value of strong ethical business practices can be found in your business reputation and company brand. You are a seller of goods or a provider of services. Customers must believe in your brand to make repeated purchases. That's because they can usually buy a similar product or service from a competitor
http://www.entre-ed.org/_teach/ethics.htm https://en.wikipedia.org/wiki/Business_ethics http://www.investopedia.com/terms/b/business-ethics.asp http://smallbusiness.chron.com/value-strong-ethical-business-practices-social-responsibility-24231.html http://www.ehow.com/info_7756963_ethical-business-practices.html https://en.wikipedia.org/wiki/Business_ethics http://www.wisegeek.com/what-are-ethical-business-practices.htm http://www.perkinelmer.com/corporate/company/corporate-social-responsibility/sustainable-ethical-business-practices.html http://smallbusiness.chron.com/value-strong-ethical-business-practices-social-responsibility-24231.html
what is a ethical business practices