Ethics in International Business

Abstract

Ethics is the science of judging specifically human ends and the relationship of means to those ends. It is essentially the art of controlling means so that they will serve specifically human ends. Business ethics is concerned primarily with the relationship of business goals and techniques to specifically human ends. It studies the impact of acts on the good of the individual, the firm, the business community, and society as a whole. While it does not concentrate on the obligations which a person has as a private individual and a citizen, these enter in since the business person is all three of these people in one. This means that business ethics studies the special obligations which a person and a citizen accepts when he or she becomes a part of the business world.