Ethics in Business Companies in the past regarded business ethics as a practice that regulated the behaviour of every employee and what must be adhered to in the workplace environment. It was also thought to define administrative rules. This has however, changed with most small businesses and management in companies realising that business ethics include more than just administrative and employee regulations (Marjorie, 2005). Business ethics has been found to form a fundamental part in the success of a business. Most successful businesses have realised that the respect and confidence of their customers are key to their business success. Most of the companies have realised that most of their customers who are considered as the backbone of their businesses demand that a company should be able to realise its social duty to the customers and that such businesses should be held accountable for actions they endorse and undertake.Significant facts to consider when stating ethical issues
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