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Ethical Behavior in Business
What is Ethics? <ul><li>Ethics involves: </li></ul><ul><li>Having guidelines for human behavior  </li></ul><ul><li>Studyin...
What is Ethical Behavior? <ul><li>Ethical behavior means: </li></ul><ul><li>knowing the difference between right and wrong...
What is a Code of Ethics? <ul><li>A Code of Ethics is: </li></ul><ul><li>A systematic set of rules and procedures used to ...
What is Business Ethics? Business ethics means  applying  principles of right and wrong to  situations  in the workplace .
What is a Small Business’s Ethical Responsibility Towards Customers? <ul><li>Treat all customers with respect. </li></ul><...
What is a Business Owner’s  Ethical Responsibility Towards Employees? <ul><li>Establish an ethical workplace. </li></ul><u...
How Can a Small Business Show Its Ethical Responsibility Towards the Community? <ul><li>Contribute money to charities, cul...
Ethics in the Small Business <ul><li>Having a clear, understandable, fair code of ethics is important to the success of a ...
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13.1 Ethical Behavior

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Small Business
NCVPS
Module 13

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Transcript of "13.1 Ethical Behavior"

  1. 1. Ethical Behavior in Business
  2. 2. What is Ethics? <ul><li>Ethics involves: </li></ul><ul><li>Having guidelines for human behavior </li></ul><ul><li>Studying moral choices and values </li></ul><ul><li>Choosing between right and wrong. </li></ul>
  3. 3. What is Ethical Behavior? <ul><li>Ethical behavior means: </li></ul><ul><li>knowing the difference between right and wrong </li></ul><ul><li>consciously choosing to do right. </li></ul>
  4. 4. What is a Code of Ethics? <ul><li>A Code of Ethics is: </li></ul><ul><li>A systematic set of rules and procedures used to guide the behavior of an individual, a business, or a culture. </li></ul><ul><li>The code of ethics is in writing and available to everyone who is expected to abide by them. </li></ul>
  5. 5. What is Business Ethics? Business ethics means applying principles of right and wrong to situations in the workplace .
  6. 6. What is a Small Business’s Ethical Responsibility Towards Customers? <ul><li>Treat all customers with respect. </li></ul><ul><li>Be honest. </li></ul><ul><li>Do not exaggerate the merits of your products/services. </li></ul><ul><li>Inform customers of possible dangers of your products/services. </li></ul><ul><li>Handle all disputes fairly. </li></ul>
  7. 7. What is a Business Owner’s Ethical Responsibility Towards Employees? <ul><li>Establish an ethical workplace. </li></ul><ul><li>Create a written code of ethics to set guidelines to help the business owner and employees make ethical decisions. </li></ul><ul><li>Establish company policies and procedures to let business owners and employees know how to act in certain situations. </li></ul><ul><li>Treat all employees fairly. </li></ul>provided by Office of Government Ethics, Washington, DC
  8. 8. How Can a Small Business Show Its Ethical Responsibility Towards the Community? <ul><li>Contribute money to charities, cultural institutions, and other reputable causes. </li></ul><ul><li>Get involved. </li></ul><ul><li>Donate products and services. </li></ul><ul><li>Sponsor/support fundraising for non-profit organizations that support the community. </li></ul>
  9. 9. Ethics in the Small Business <ul><li>Having a clear, understandable, fair code of ethics is important to the success of a small business. </li></ul><ul><li>Everyone involved in the business should be aware of what is expected of them. </li></ul><ul><li>Many companies not only have a code of ethics but require it to be signed by every employee. </li></ul><ul><li>Failure to abide by documented, established code of ethics can result in a job lost. </li></ul>
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