Following are the basic elements of business others:

(i) Commitment of Top management: Without commitment of top management, ethic can be implemented in practice of business. Top management has sufficient power to improve the behaviour

and ethical aspect of the organisation toward a satisfactory level.

(ii) Code of Conduct: The enterprise is to publish written code of conduct for the entire organisation, this written code of the enterprise provides honesty, adherence to laws, product safely and quality health and safety in the workplace, conflict of interest, employment practice, marketing practice etc.

(iii) Compliance mechanisms: Enterprise should ensure that the proper mechanisms for actual decisions and actions comply with the business, ethical standards have been established. Such as paying attention to values and ethics in recruiting and hiring, emphasising

corporate ethics in training, auditing performance regularly to analyse the degree of compliance systems which help employees report incidents of unethical behaviours.

(iv) Involvement of employees at all level: Involvement of employees at all level is immensely important to maintain ethical aspect. Because. Ethics are to implemented by employees. So, without their involvement, it is very much impossible to establish

ethical aspect in business practices.

(v) Measuring result: Measuring the result of different activities are very much essential for ethics. The top management should estimate the result for further course of action.