3. ETHICS:
The principles of
behavior that
distinguish between
right and wrong.
BUSINESS ETHICS:
The evaluation of
business activities
and behavior as
right or wrong.
4. ETHICS BUSINESS ETHICS
It is a branch of philosophy. It
also deals with a vast area.
It is a specialized area of general
ethics.
It makes a positive contribution It make a profit.
It considers moral values. It considers legal ethical.
Don’t lie to the boss. Proper management of contracts
and agreement.
6. Business ethics is the cornerstone that develops the government and
international community at large. Some basic point of business ethics
are given bellow:
Build constructive behavior
Make student sensitive
Create Win-Win situation
Government and regulatory authorities
Society buildup.
8. The Golden Rule
Immanuel Kant's Categorical Imperative
principle
Descartes Rule of Change
The Utilitarian principle
Risk Aversion Principle
No Free Lunch Rule.