Healthcare industries require extra efforts and knowledge management as compared to any other industry, as it is subject of human data health science providing extremely important information about human ailments on which health industries research and provide services. Industrial ethics require implementation of labor laws, finances, management, training and a good practice of abidance to the same. The word ‘ethics’ is a derivative from Greek word ‘ethikos’ giving a meaning “arising from habit”.
Ethical standards are applicable to every part of industry, field and subject irrespective of the size or voluminous of the field/subject, around the globe. Outline A major difference between healthcare and non-health care industries ethical standards is that healthcare industry deals with the science of human and veterinary science, providing longevity through medication whereas commercial or technological industrial sector is governed by such laws and principalities of corporate and social responsibility in extending goods and services in accordance with the rules and provisions of enactments.
Both the theories have to be studied and data relating to genuine opinions and ethics code practice, from healthcare as well commercial industrial sector should be collected and analysed. In an overall perspective, it is important to compare, contrast and air a critic view of the lacuna areas in both health care and non-health industries ethic standards and conclude with recommendations.