Eco-Social Ethics & Consumerism

Every business should be guided by business ethics i.e., moral principles which are considered by the society as right, and so, should govern and guide the activities of the business. In short, they are the moral principles and rules of conduct which should govern and guide the activities of a business. Business ethics require that the business should be conducted according to the recognized moral principles. Business ethics are derived from social values and laid down the norms of behavior for the business. By laying down the code of conduct, business ethics guide the businessmen in their business activities.