1) What do you understand by "business ethics"? Please note that I am asking for your own understanding of the concept now that you have some information to base it on.

2) Why do corporations so often not appear to follow their own "code of ethics" as evident by the constant news of corporate scandals?

3) What mechanisms might best compel/persuade corporations to act ethically and to keep the best interests of society in mind rather than focus simply on the economic bottom line?

Please answer all 3 questions