importance of business ethics for managers and organisations

1. Presented By:
Kirti Gupta
MBA-1
Roll no. 49055

2. Ethics deals with morality in the business. It is a
system of moral principles and values applied to
business activities. This means the business
activities should be conducted according to
ethics and moral standards

4. A company’s manager play an important role in
establishing its ethical tone. If manager behaves as if the
only thing that matters is profit, employees are likely to
act in a like manner. A company’s leaders are
responsible for what is and is not acceptable employee
behavior. Is vital for managers to play an active role in
creating a work environment where employees are
encouraged and rewarded for acting in an ethical
manner.

7. Studying business ethics will help the students
to take business decisions. Studying business
ethics changes outlooks and influences behavior.
It will help to make improvement in the
reputation of the business

8. Unethical
1. Having moral
values
2. Fair prices
3. Fair wages
1. No values no
ethics
2. Competitive
threats
3. Inferior
quality

9.  Employees lying to supervisor
 falsifying records
 Misuse of organizational assets
 Management lying to employees and customers
 Stealing/ Theft

10. Develop a code of ethics
Set good Examples
Create open lines for communication
 Educate employees
 Treat Ethics as a process

11. You need to get every member of your organization
committed to a set of high ethical standards. As a
manager or the business owner, you need to clearly
define and communicate to your employees the
consequences of being unethical, and the set of
standards you want them to adhere to.