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MADE BY :-    Yukti Chauhan    Roll.no :- 14    Class :- MBA HONS(PREV.)
BUSINESS ETHICSBusiness ethics is the studyof business situations ,activities, and decisionswhere issues of right andwron...
• Codes do not produce ethical behavior.• Our ethics tend to flow from our core  values.• People have intrinsic worth.
IMPORTANCE OF BUSINESS ETHICS• Public expects business to exhibit high levels of  ethical performance and social responsib...
SOCIETALSTAKEHOLDER         PERSONAL         INTERNAL          POLICY
FUNCTION      ETHICSMARKETING     TREATMENT OF CUSTOMER COMPLAINTSADVERTISING   TRUTH OF CLAIMLOCATION      IMPACT ON COMM...
Functions        EthicsTRANSPORTATION   SAFETY REGULATION                 COMPLIANCEADMINISTRATION   CONCERN FOR SOCIAL VA...
FACTORS GOVERNING BUSINESS ETHICS1.   Value forming institutions2.   Organizational goals3.   Work and career4.   Superior...
BENEFITS OF CODE OF      ETHICS1.   Customers2.   Employees3.   Company4.   Industry5.   society
REASONS FOR ETHICAL PROBLEMS• Personal gain• Dubious character• Individual values in conflict with organizational  goals• ...
Business ethics
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Business ethics

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Transcript of "Business ethics"

  1. 1. MADE BY :- Yukti Chauhan Roll.no :- 14 Class :- MBA HONS(PREV.)
  2. 2. BUSINESS ETHICSBusiness ethics is the studyof business situations ,activities, and decisionswhere issues of right andwrong are addressedIt is study of people rightsand duties, the moral rulesthat people apply in decisionmaking.
  3. 3. • Codes do not produce ethical behavior.• Our ethics tend to flow from our core values.• People have intrinsic worth.
  4. 4. IMPORTANCE OF BUSINESS ETHICS• Public expects business to exhibit high levels of ethical performance and social responsibility.• Encouraging business firms and their employees to behave ethically is to prevent harm to society.• Promoting ethical behavior is to protect business from abuse by unethical employees or unethical competitors.• High ethical performance also protects the individuals who work in business.
  5. 5. SOCIETALSTAKEHOLDER PERSONAL INTERNAL POLICY
  6. 6. FUNCTION ETHICSMARKETING TREATMENT OF CUSTOMER COMPLAINTSADVERTISING TRUTH OF CLAIMLOCATION IMPACT ON COMMUNITY AND ENVIRONMENTPRODUCTION POLLUTION TREATMENT CLAIMS
  7. 7. Functions EthicsTRANSPORTATION SAFETY REGULATION COMPLIANCEADMINISTRATION CONCERN FOR SOCIAL VALUESFINANCE PROFIT TO RECOMPENSATE INVESTORS SAFEGUARD ASSETSPERSONAL FAIR TREATMENT IN HIRING,PROMOTION,DISMISSAL AND PENSIONPURCHASING AVOID HOARDING
  8. 8. FACTORS GOVERNING BUSINESS ETHICS1. Value forming institutions2. Organizational goals3. Work and career4. Superiors5. Peers and colleagues6. Professional codes
  9. 9. BENEFITS OF CODE OF ETHICS1. Customers2. Employees3. Company4. Industry5. society
  10. 10. REASONS FOR ETHICAL PROBLEMS• Personal gain• Dubious character• Individual values in conflict with organizational goals• Managers’ attitudes and values• Competitive pressures• Cross-cultural contradictions
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