BUSINESS ETHICS (CORPORATE AND GOVERNANCE)

Assalammualaikum...

WHAT MEANING OF BUSINESS?

A business also known as enterprise or firm is an organization involved in the trade of goods, service or both to consumer. Business are predominant in capitalist economics where most of them are privately owned on administered to earn profit to increase the wealth of the owners. Business may also be not fair or state owned.

References:
http://en.m.wikipedia.org/wiki/Business#section-2

WHAT MEANING OF ETHICS?

Also known as moral philosophy is a branch of philosophy that involves systematizing, defending and recommending concepts of right and wrong conduct. The term comes from the Greek word ethos which means "character". In philosophy, ethics studies the moral behaviour in human and how one should act.

References:
http://en.m.wikipedia.org/wiki/Ethics



MEANING OF BUSINESS ETHICS?

Business Ethics also corporate ethics is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problem that arise in a business environment. It applies to all aspects of business conduct and is relevent to the conduct of individuals and entire organization.


References:
http://en.m.wikipedia.org/wiki/Business_ethics


WHAT MEANING OF OXYMORON?

Figure of speech that combines contradictory terms. Oxymoron appear in a variety of contexts including inadvertent errors such as ground pilot and literary oxymorons crafted to reveal a paradox.

http://en.m.wikipedia.org/wiki/Oxymoron#section_1

Because of that, Business Ethics considered as oxymoron because it help the business process going smooth without any fraud and and without any cheating.