Is There a Necessary Prerequisite to Follow Ethical Issues in Entrepreneurship and Business ?

Abstract

Liberalization of the economy has cemented the open road for many to become entrepreneurs. The possibilities created by today’s comprehensive awareness together with the unfettering of indigenous ventures, has laid a fertile ground for entrepreneurship to thrive on in India. There are several challenges faced by entrepreneurs today and study reveals that most of challenges are because of ethical issues in growing entrepreneurship. The main objective of this research paper is to investigate the entrepreneurship and business developments and their intrinsic relationship with the concept of ethics. Currently, the linkage between entrepreneurship and business ethics is a growing challenge with multidimensional implications.

Keywords

• entrepreneurship
• business ethics
• customer satisfaction
• sustainable development
• global economy