What causes the need for business ethics?

The main reason for the application of business ethics in various business transactions stems from the fact that the business world without any ethical considerations would be chaotic where something would go. The need for business ethics as such is related to the order, validation and integrity that ethics bet into the business world. Given the fact that while some ethical considerations can be considered universal because they are derived from basic morality, the true meaning of ethics in business is not something that can be described as an established set of laws. This means that the perception of ethics in business is somewhat tradable and can have different meanings for companies, especially in the global business community, where different cultures and values ​​play an important role in determining the exact business ethics that will run the operation of the company. The reasons for the application of ethics in business could be unique to marketing, corporatemage or other personal considerations for society.

One of the reasons for the application of business ethics is the fact that the application of good business ethics helps the company build goodwill among members of the business community, among consumers and also among the members of the company where the company is located. A society that develops the reputation of fair practices will have a very high position among other business men and women who will use this ethical reputation as a measure to measure his actions with society. This good reputation is freely tied to the presentation of a corporate image that such a society is trying to build, which can also be used as part of its identity. The desire to develop its image is the need for business ethics, because it will be the basis for developing a corporate image.

The need for business ethics can be illustrated using an example of a company that builds its brand on the basis of the fact that its raw materials sources that do not damage the country or environment. This illustration of the need for business ethics can be further explained by determining the associatedbetween the perception of the company between consumers and the influence that has perception of sales. A significant percentage of consumers think they are aware that they are aware of the planet's preservation issues and can sponsor such companies in the view that it is conscious ecologically, leading to an increase in sales for society.