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BUSINESS ETHICS
THREE PRINCIPLES OF BUSINESS ETHICS <ul><li>Standardization  </li></ul><ul><li>Workable </li></ul><ul><li>Driven form the ...
TYPES OF ETHICS <ul><li>Transactional ethics-  Man is a social animal. He has to act and react with others through differe...
METHODOLOGY <ul><li>General </li></ul><ul><li>Leadership </li></ul><ul><li>Perceived / fairness </li></ul><ul><li>Employee...
METHODOLOGY <ul><li>In Business </li></ul><ul><li>Top management attitudes </li></ul><ul><li>Opening up corporate culture ...
METHODOLOGY <ul><li>Others…….. </li></ul><ul><li>Corporate culture </li></ul><ul><li>Environment </li></ul>
METHODOLOGY <ul><li>Business performance </li></ul><ul><li>Public expectations </li></ul><ul><li>Prevents social harm </li...
IMPORTANCES OF ETHICS <ul><li>Social concern </li></ul><ul><li>Social responsibility </li></ul><ul><li>Avoidance of whistl...
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Becg 1 2

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Transcript of "Becg 1 2"

  1. 1. BUSINESS ETHICS
  2. 2. THREE PRINCIPLES OF BUSINESS ETHICS <ul><li>Standardization </li></ul><ul><li>Workable </li></ul><ul><li>Driven form the top </li></ul>
  3. 3. TYPES OF ETHICS <ul><li>Transactional ethics- Man is a social animal. He has to act and react with others through different transactions. The practices of ethics in all these transactions is called as transactional ethics </li></ul><ul><li>Participatory ethics- Guided by common good, all the participations follow some ethical practices. </li></ul><ul><li>Recognition ethics- As human beings, people are endowed with the ability to understand the problems of others. This quality leads to the recognition of individuals, institutions and societies, conflicting situations can be solved by the correct recognition of the situation. </li></ul><ul><li>Eg: The strong is helping the weak </li></ul><ul><li> The learned is helping the lesser learned. </li></ul><ul><li>The experienced is helping the new entract </li></ul>
  4. 4. METHODOLOGY <ul><li>General </li></ul><ul><li>Leadership </li></ul><ul><li>Perceived / fairness </li></ul><ul><li>Employee authority structure </li></ul><ul><li>Reward systems </li></ul><ul><li>Ethics as a topic of conversation in the organization </li></ul><ul><li>Origanisal focus that communication care for the employees and the community </li></ul>
  5. 5. METHODOLOGY <ul><li>In Business </li></ul><ul><li>Top management attitudes </li></ul><ul><li>Opening up corporate culture to broad ethical standards </li></ul><ul><li>Organisational changes that helps employees at all levels </li></ul><ul><li>Building ethical safeguards into the company </li></ul><ul><li> - Codes of ethics </li></ul><ul><li> - Ethics committees </li></ul><ul><li> - Ethics training programs </li></ul><ul><li> - Ethics audits </li></ul>
  6. 6. METHODOLOGY <ul><li>Others…….. </li></ul><ul><li>Corporate culture </li></ul><ul><li>Environment </li></ul>
  7. 7. METHODOLOGY <ul><li>Business performance </li></ul><ul><li>Public expectations </li></ul><ul><li>Prevents social harm </li></ul><ul><li>Protects itself from abuses by employees and other firms </li></ul><ul><li>Preserves the dignity and integrity of individuals who work in business </li></ul>
  8. 8. IMPORTANCES OF ETHICS <ul><li>Social concern </li></ul><ul><li>Social responsibility </li></ul><ul><li>Avoidance of whistle – blowing </li></ul><ul><li>Value in business </li></ul><ul><li>Improves organizational effectiveness </li></ul><ul><li>Healthy competition </li></ul><ul><li>Benefit for stakeholders </li></ul>
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