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Social Responsibilty f Businees & Managerial Ethics
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Social Responsibilty f Businees & Managerial Ethics

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be responsible and manage ethically to our society

be responsible and manage ethically to our society

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  • 1. Have a nice journey
  • 2. SOCIAL RESPONSIBILITIES OF BUSINESS & MANAGERIAL ETHICSLetsee
  • 3. ETHICS : The code of moral principles and values that govern the behaviors of a person or group with respect to what is right or wrongEthics should be firmly determined Corporate Social Responsibility: A business’s obligation to maximize its positive impact and minimize its negative impact on society ”
  • 4. CLASSICAL VIEWManagement’s only social responsibility isto maximize profits (create a financialreturn) by operating the business in thebest interests of the stockholders(owners of the corporationSOCIOECONOMIC VIEW Management’s social responsibility goes beyond making profits to include protecting and improving society’s welfareFour Dimensions: Economic – earn profits Legal – comply with the law Ethical-Not just “for profit” only Voluntary & Philanthropic- Promote human welfare and goodwill
  • 5. SOCIAL ISSUESEnvironmental issues: Animal rights Pollution Global warming Water & air emission Climate change
  • 6. Labour rights:  child labour  forced labour  right to organise  safety and healthHuman rights  cooperation with paramilitary forces  complicity in extra- judicial killingsPoverty Alleviation  Job creation  public revenues  skills and technology
  • 7. Voluntary Responsibilities-being a “good corporate citizen;” contributing to the community and quality of life Ethical Responsibilities-being ethical; doing what is right, just, and fair; avoiding harmLegal Responsibilities-obeying the law (society’s codification of right and wrong)Economic Responsibilities--beingprofitable
  • 8. Audit Board of Committee of Directors Board President & CEO Group Chief VP of General Corporate SteeringPresident Financial Human Counsel Responsib Committee s Officer Resourc ility es Officer
  • 9. Plan Do• Consult stakeholders • Establish management systems and personnel• Establish code of conduct • Promote code compliance• Set targets CheckAct • Measure progress• Corrective action • Audit• Reform of systems • Report
  • 10. Benefits :  Expanded justice for groups of a society.  Enhanced company image.  Reduced need for government actions.  Improved quality of life in a community and around the world.  Increase awareness of soci issues among workers, consumers, and others.
  • 11. The costs of providingsocial programs mustbe realistic to allow abusiness to earn aprofit.
  • 12. Principles, values, and beliefsis that define what is right and wrong behavior. Three mail Objective of Manageria Ethics
  • 13. Most ethicaldilemmas involveA conflict betweenneeds of the part &whole.The individual versusthe organization.The organizationversus society as awhole.
  • 14. ETHICALAPPROACHESUtilitarian ApproachIndividualism ApproachMoral-Rights ApproachJustice Approach
  • 15. Utilitarian Approach● Moral behavior produces the greatest goods for the greatest number● Example – recent trend among companies to monitor employee use of the Internet
  • 16. Individualism Approach●Acts are moral when theypromote the individualsbest long-term interests,which ultimately leads tothe greater good●Individual self-directionparamount●Individualism is believedto lead to honesty &integrity since that worksbest in the long run
  • 17. Moral-Rights Approach Moral decisions are those that best maintain the rights of those people affected by them. An ethical decision is one that avoids interfering with the fundamental rights of others.
  • 18. Justice ApproachIt is the standards of equity, fairness, impartial ity .Three types of Justice Approaches: Distributive Justice Procedural Justice Compensatory Justice
  • 19.  Distributive JusticeDifferent treatment of peopleshould not be based on arbitrarycharacteristics  Procedural JusticeRules should be consistentlyand impartially enforced  Compensatory JusticeIndividuals should becompensated for the cost oftheir injuries by the partyresponsible
  • 20. CONCLUSION :The Firms must take care about the Society.They should avoid the activities whichaffects the Peoples and the Nations.They must aware about the SocialResponsibilty & managerial Ethics
  • 21. Ur Feedback &Question please Submitted by GIRISH.S

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