Yes, of course. Business ethics is applicable in the
world. Business ethics (also known as corporate ethics) is a form of
applied ethics or professional ethics that examines ethical
principles and moral or ethical problems that arise in a business
environment. It applies to all aspects of business conduct and is
relevant to the conduct of individuals and entire organizations.
Business of ethics often contain about six core values or principles
in addition to more detailed descriptions and examples of appropriate
conduct. The six values for codes of ethics include: trustworthiness,
respect, responsibility, fairness, and honesty. Generally, business
ethics is public expects business to exhibit high levels of ethical
performance and social responsibility. Encouraging business firms and
their employees to act ethically is to cure harm to society.
Neverthless, promoting ethical behavior is to protect business from
mistreat by unethical employees or unethical competitors. High
ethical performance is protect the world business. Today, more from
the world of product being safety. For example , I give explanation
about product of coke and pepsi in india. That the versions of
their products manufactured in india contain unacceptably high levels
of pesticides . world biggest brand names known for pursue customers
around they world, are facing a acceptability disaster in one of
their critical appear markets. This area of business ethics deal with
the company product and production processes do not coause harm. Some
of the more intense dilemmas in this area happen the fact of danger
in any product or production process and it difficult to define a
degree of defendability. Or the degree of defendability may depend
on the changing state of protection technologies or changing social
perceptions of acceptable risk. Ethic also convey employee rights.
All human being are free and equal in respectability and right,
everyone has the right to freedom of thought, conscience and ritual,
everyone has the right to freedom of opinion and expression.,
everyone has the right to work, to free choice of employement, to
just and agreeable conditions of work and everyone has the right to
basic education. In other plus side of business ethics is ensuring a
strong commitment to business ethics in multinsasional companies.
Three categories of thought about the extent to which ethical
standards apply across contries: ethical universalism, ethical
relativism and integrative social contarcts theory. A business should
adhere to a strict set of ethical standards, when accounting and
providing reports to stakeholders. All information that is provided
should be done so on the basis that it is accurate, timely and
comprehensive. Providing false or misleading information is not only
unfair and irresponsible, it is also against the law. Ethics are not
important only.

In conclusion, To promote ethics and social
responsibility around the globe, a group of business, political, and
civic leaders in Europe, Japan, and the United States, created
international principles related to responsible corporate
citizenship. The role of business in the lives of customers,
employees, owners, competitors, suppliers, and communities was
communicated in clear terms. International codes allow businesses to
confidently adjust their practices to accommodate cultural, social,
and ethical differences in international business. 


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