Ethics is basically a branch of Philosophy. It concerns the proper conduct and good living in the society. It emphasizes on the principle of "Good Life" which is satisfying.

There are many types of ethics such as:

- Normative Ethics

- Meta-Ethics

- Descriptive Ethics

- Relational Ethics

- Applies Ethics

- Evolutionary Ethics

Types of business ethics?

1.Trasactional ethics

2.Participatory ethics

3.Recongnitional ethics

Business EthicsBusiness ethics is basically a type of principle of applied ethics, which analyzes various ethical rules and ethical or moral problems that may take place in a commercial environment. In the 21st Century, one of the most significant aspects of the commercial marketplaces all over the world is the growing focus on conscience. As a result, the necessity for highly ethical business practices (which is also referred as ethicism) is on the rise. At the same time, force is also being applied on businesses and industries for the development of business ethics with the help of novel public efforts and regulations (for example, increased amount of road tax in the United Kingdom for vehicles with higher emission). 

Business ethics can take the form of a descriptive field (subject area ) or normative field. The descriptive discipline is applied in the academic world. The normative discipline is basically implemented as a corporate device and it is also utilized in the form of career specialization. 

The number and degree of business ethical issues gives the evidence of how much a business is compliant with the social values (non-economic). 

The different forms of business ethics can be categorized into the following types: 

General business ethics

These ethics deal with the following issues:

Corporate social responsibility (CSR)

Fiduciary responsibility

Corporate governance

Industrial espionage

Hostile take-overs

Corporate manslaughter

Political contributions

Professional business ethics

The professional business ethics can be categorized into the following types: 

Ethics of human resource management (HRM)

Discrimination issues

Strike breaking or union busting

Drug testing

Workplace surveillance

Whistle-blowing

Occupational safety and health

Employment law

Indentured servitude

Ethics of accounting information

Kickbacks

Creative accounting

Earnings management

Misleading financial analysis

Insider trading

Securities fraud

Bucket shop

Forex scams

Executive compensation

Bribery

Facilitation payments

Ethics of production

Harmful, addictive, or defective products

Environmental ethics

Pollution

Carbon emissions trading

Health

Mobile phone radiation

Genetically modified food

Product testing ethics like animal testing and animal rights

Ethics of sales and marketing

Pricing: Price discrimination, price fixing, price skimming

Anticompetitive practices

Particular marketing strategies: Greenwash, shill, bait and switch, spam (computer), viral

marketing, pyramid scheme, and planned obsolescence

Advertisement contents: Attack ads or promos, sex in advertisements, and subliminal messages

Marketing in schools

Grey markets and black markets

Ethics of intellectual property, skills, and knowledge

Patent infringement, trademark infringement, copyright infringement

Patent misuse, patent troll, copyright misuse, submarine patent

Employee raiding

Biopiracy and bioprospecting

Industrial espionage

Business intelligence

International business ethics

Transfer pricing

Fair trade pricing

Cultural imperialism

Globalization

Child labor

A large number of companies are appointing business ethics officers as a part of their compliance and ethics programs, and these officers are also known as risk and compliance officers.