This document discusses Indian business ethics and work ethics. It defines business ethics as studying appropriate policies regarding controversial topics like governance, discrimination, and social responsibility. It notes that ethics are important for human needs, credibility with the public, and better decision making. Business ethics can be affected by cultural, economic, political and social factors. Work ethics refer to a set of values centered around the importance of work, like determination and hard work. At a basic level, work ethics involve discipline, punctuality, proper behavior, and not wasting time. At a top level, work ethics incorporate culture, loyalty, belongingness, and avoiding adverse actions.