• Ultimately, businesses exist to make a profit for their owners and shareholders. In most cases, ethical behaviour adds expenses to the business, reducing profits. Profits are a good thing – they ensure that people have jobs. The smaller the profits, the fewer income tax dollars are paid, which would hurt government programs.
• The government takes care of ensuring that businesses do things in an ethical way. No other forms of business ethics are required.

Hi everyone, according to my point of view, ethics is important in business but only upto a certain extend. Mostly business aims at profit and so there will be stiff competition. One who strictly follows ethics may not be able to survive in the market as the tough competitors would always run far ahead of him.

Business ethics reduce a company's freedom to maximize its profit. For example, a multinational company may move its manufacturing facility to a developing country to reduce costs. Practices acceptable in that country, such as child labor, poor health and safety, poverty-level wages and coerced employment, will not be tolerated by an ethical company. Improvements in working conditions, such as a living wage and minimum health and safety standard,s reduce the level of cost-savings that the company generates. However, it could be argued that the restrictions on company freedom benefit wider society.

The advantage of having international business ethics is that an ethical company is attractive to consumers. It also helps companies operate within most international regulations. The disadvantage of international business ethics is that in some countries, the ethical code is not as strict and it may be customary to perform unethical actions, like bribery, to do business. An ethical company would not be able to do business in that situation.

for a company to have business ethics that usually is a