Understanding Business Ethics

Ethics is derived from the Greek word ethos which means shelter, pastures, stables, habits, customs, character, feelings, attitudes, ways of thinking. The plurality is taetha, which means customs. In this case, the word with the same understanding of moral ethics.

Ethics as a Practical
Values ​​and moral norms as far as practicable or it is not practiced although should be practiced.
What to do as far as appropriate or not in accordance with the values ​​and moral norms.

Ethics as Reflection
Moral reasoning to think about what it does and especially about what to do or not to do.
Speaking of ethics as praxis or taking ethical praxis as its object.
Highlight and assess the good and bad behavior.
Can be run on the popular level as well as scientific

Business ethics are ways to perform business activities, which covers all aspects relating to individuals, companies, industries and communities. All of this includes how we run our business fairly, in accordance with applicable law, and does not depend on the position of the individual or company in the community.

Business ethics is broader than the requirements prescribed by law, an even higher standard than the minimum standards required by law, because the business activities often we find the gray areas that are not regulated by law.

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