ABSTRACT
The business ethics deals with the ethical duties, values and virtues of the commercial, profit-oriented and not for profit organization. It is ethical economy as the synthesis of economic and ethical theory applied to management and business. The ethical economy is the foundational theory of business ethics. If the theory of ethical economy is applied to business and economic organizations, it is the ethical economy of business or business ethics. The logic of determination and the logic of decision are similar in logics, ethics and economics. Decision-making in ethics and economics demands identification of the relevant and real opportunities people actually have; it does not demand negation of all possible opportunities in all possible worlds. Moral philosophy developed the theory of the principle of double effect, which can be considered to be a transcendental principle of handling side-effects and is a central principle of ethical economy and of business ethics.
