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What is business ethics?

Business ethics can be said to be a form of art which includes applied ethics which follow ethical principles used to find solutions to moral and ethical problems which can arise in a business environment. In the recent past there has been increasing pressure on businesses to ensure that they operate within a framework of some ethical principles. This has been pressurelized by enactment of some laws aimed at ensuring that businesses operate within some ethical principle which defines the limits of their operation. In broader description, business ethics can be normative or descriptive.

Take an example in which the business will observe ethics as a meter of corporate practice. This will be normative since it becomes part of normal operations of the business. Business ethics can also be descriptive in away when it takes an academic angle. This means that business ethics will be a part of academic description. Social issues on the other hand refer to the problems or moral issues which affects the members of the society. Some examples of social issues include suppression of human rights, social injustice, and violence among others. (Robert, 2002 pp 12).
You find that most of the consumers have been exploited so much by the producers. This is because of the code of ethics which have been established by the producers. Here consumers are supposed to act morally when certain unethical problems occur when carrying out these businesses. You find that due to the restrictions which are made on some products say the case with fair-trade cotton, the consumers are only forced to buy that product.

In this case, you find that this consumer will not have time to taste other products since they are restricted on purchasing only that product. As it is defined above, business ethics is supposed to consider the social issues of both the producer and the consumer and their rights should be protected. They should have a choice to purchase every product they want and no restrictions should be made on these products. (Robert, 2002 pp 12).

Understanding and analysis of ethical issues
There are many forms of business ethics which governs the whole spectre of business operations. Business ethics are narrowed to address some specific issues which affect specific parts of the operations of a business. Professional ethics defines some practical ethical problems and phenomena concerned with some particular areas of the business professions.
Professional ethics address specific aspects of business like Accounting, wages, compensations, consumption and others. Accounting ethics defines the way in which accountants should conduct their work by ensuring that they don’t give falsified financial analysis. In this case am going to talk about fair-trade cotton in the market. (Duska, 2003, pp 11).
Fair-trade certified cotton is used to address the development needs of all small holder cotton farmers in most of the developing countries who are said to face a severe poverty and this is out of the subsidies which have been enacted by most of the already developed countries say in the U.K. that distort the global market.
The fair-trade certification have been put to ensure that the farmers who produce these products have been protected by receiving a fair price for their cotton and fair-trade premium for them to invest in environmental, econ本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。