1. Group 10 Group members:
Udit Singh
Parveen
Pritam Kumar Das
Khushi Garg
Khushi Bansal
2.
What is Ethics?
Ethics is a set of rules that define right and wrong
conduct.
What Business Ethics?
Business Ethics can be defined as written and unwritten
codes of principles and values that govern decisions
and actions within a company.
What is Ethical Behavior?
Ethical behavior is that which is morally accepted as
“good” or “right” as opposed to “bad” or “wrong”.
Introduction
4.
Reduce business Malpractices
Creates good image and improve customers
confidence
Safeguarding customers rights
Survival of business
Profitability
Smooth Functioning
Long term growth
Importance
6.
Persons Surveyed
Housewife
Underweighting of vegetables
by the vendor
Sexual Harassment at work
place
Unethical treatment towards
the customers(Jawed Habib Hair
and Beauty scam)
Student
VISA refund case scam
Question paper bribery scam
Job enrollment corruption in
army.
Employee Businessman
• Manipulation of accounts by the
employees.
• Lack of transparency in game
designer company.
• Shop lifting by the co-
worker.
• Unethical behavior by
the customers( Momos
shop case)
7.
Plagiarism
Fraudulent Accounting Practices
Shop lifting
Bribery
Unethical treatment towards customers
Sexual Harassment
Lack of transparency
Unethical Business Practices Identified
8.
Greed for high profit
Desire to attract more customers and investors
Pressure to catch up with other existing firms in th
industry
Pressure to meet unrealistic business objectives and
deadlines
Desire to survive in highly competitive market
Desire to expand and succeed further in business
Loopholes in policies
Factors Leading to Unethical Business Practices
9.
Be transparent
Communication
Easy Approach
Loyalty towards employees
Set an example
Utilize data surveillance
Encourage moral conduct
Recommendations
10.
Ethics are important not only in the business but in
all aspects of life because it is an essential part of the
foundation on which a civilized society is built. A
business or society that lacks ethical principles is
bound to fail sooner or later. Now that you
understand the concept of business ethics, it is
critical that we act morally. If we behave ethically
and make the correct judgments, we will be able to
set a good example for others and serve as an
inspiration to others.
Conclusion
