Ethics is a important criteria that should be followed in organization. This slide covers the comparison between two company in Bangladesh on the basis of practice of business ethics.
3. Introducing
Business Ethics
- An ethical system
where moral rules
are considered for
moral judgment in
business.
- It may vary
across cultures,
companies and
industries.
- Taking decision
of right and wrong
in business
situation.
4. -Long term gain -Creating credibility -Protect Organization’s
reputation
-Improve decision
making
Business Ethics
Importance of
5. Different theories of
Ethics
Altruism
Everything is taken
into account except
the actor’s
increased
happiness
Egoism
The action is right
if the action’s
consequences
are more
beneficial for
Utilitarianism
The outcome
matters not the act
7. Ethical practices of
Crown Cement1. Product quality
- The well equipped and
furnished chemical and physical
laboratory
- Highly qualified foreign trained
chemists and technicians
- Tested on various parameters
8. Ethical practices of
Crown Cement2. Fairness
- Learning working environment
- Career development strategy
- Smooth progression of talent
9. Ethical practices of
Crown Cement3. Social Responsibility
- Merit scholarship
- Skill development program
- Financial support to autistic
people
10. Ethical practices of
Crown Cement4. Ethical issue between employer and manager
- Pay salary regularly
- Reward employee for the job
- Employees are fair about giving
service
11. Ethical practices of
Crown Cement5. Ethical issue related to customer
- Ensure product safety
- Best packaging
- Fair value
14. Ethical practices of
Seven Circle Cement
1. Product quality
- Every steps are computerized
- BUET laboratory passed
- Raw materials from finest
sources
15. Ethical practices of
Seven Circle Cement
2. Fairness
- Offers special training to
tenanted employee
- Treat employee as family
member
- Clear about salary
16. Ethical practices of
Seven Circle Cement 3. Social responsibility
- Student scholarship
- Arrange study tour for
university students
17. Ethical practices of
Seven Circle Cement 4. Ethical issue between employer
and manager
- Fair compensation
- Concern about employee
- Employee has focus on
company’s goal
18. Ethical practices of
Seven Circle Cement 5. Ethical issue related to customer
- Shows positive attitude
- Fulfill customer’s need
- Ensure product quality
19. Ethical practices of
Seven Circle Cement 6. Ethical issue related to
environment
- Ensure 100% dust control
- Tree plantation