Business ethics is an art or science of maintaining harmonious relationship with the society it's various groups and institution as well as reorganising for right or wrong of business conduct features of Business Ethics includes code of conduct and provide protection to social group then provide basic framework and need willing acceptance education and guidance not against for profit making the principal of a business or avoid exploitation of consumer avoid unfair trade practices fat treatment to employees it is very important that to improve consumers confidence business became conscientious of social responsibility it is good image of Business and good will and Profit ability and also the survival of heater competition safely from legal perspective business and principles and values that govern decision and action with in a company 7 principal in Business Ethics are idoc t o r that is be trustful be keep open mind meet obligations have clear documents become community involved maintain accounting control and be respectful ethical behaviour and corporate social responsibility can bring significant benefit to the business for example they may attract consumer to the forms product which means boosting sales and profit making employees want to stay with the business reduce labour turnover and day 4 increase productivity it attracts more employees wanting to work for the business and reduce requirement cost and enable the company to get the most talented employees attract investors and keep the companies share price high there by protecting the business from takeover area in Business Ethics includes corporate social responsibility and feudal responsibility to take Hold Us the principal duty that managers phone to the firm as a Going Concern managers own a duty of loyalty to those stakeholders at rest weather they put a work in risk residual risk or a third party risk it is the legal and unethical test of business trade secrets for used by a competitors to achieve a competitive advantage it is often done by a insider or an employee who gains employment web business purpose of saying and stealing information for a competitor. There are some general Business ethics which include Ethics of Human Resource Management Ethics of sales and marketing a 6 of production Ethics of intellectual property knowledge in skill need for business ethics the following point discuss the need and importance of ethics to stop business Mal practice example no adulteration cheating of weight and improve customers confident they should do improve confidence on quality for the survival of Business business ethics or mandatory for the survival of business the Businessman who do not follow it will have short term success but they will fail in the long run to safeguard consumers write the consumer has many rights such as rights to Hills and safety rights to be informed rights to choose right to be here rights to redress.