EXECUTIVE SUMMARY In todays forward-looking society, successful business confederacys make good use of the technical skills, pr secondical knowledge and the employees who provide labor for the production of goods and services. stage business ethics serves as the fundamental purpose and provides guidance to the corporations to get through and sustain their success. Strong leadership within the corporation is definitive to keep the corporation to stay in the right shack steadily and enhance the competitiveness of the corporation when new ch on the wholeenges appear (ICAC, 2003).
Strong leadership can often be lay d proclaim in family business. The owners of the family business are committed to the continuity, quality of their own family name, and the long-run development of the corporation. To preserve their family business from a long-term perspective, corporate culture as set and develop in the corporation play a major role to check the substantial business activities.
OVERVIEW OF BUSINESS ETHICS AND ITS DEVELOPMENT
Business ethics is a specialized study of right and wrong which examines ethical principles that arise in a business environment. It also applies to all aspects of business conduct, including the conducts of individuals and business organizations as a whole (Wikipedia, Business Ethics).
Business ethics can also be viewed as the behavior that a business has to deal with everyday. It can be applied to the business that interacts with customers worldwide, but also deal with a single customer locally.
In todays society, corporation includes business ethics as part of their internal building development as business ethics can dish out the organization and its employees
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