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3. Social Responsibility...
An organization’s obligation to
maximize its positive impact on
stakeholders and to minimize its
negative impact. This all depends
upon the ethics of the
organization.

6. What are ethics?
Ethics are no more in
religious texts, they are a part
of business law.

8. Sources of Ethical Norms:

9. Fellow Fellow Regions of
Workers Workers Country
Family Profession
The
Individual
Conscience
Friends Employer
The Law Religious Society at
Beliefs Large

10. What are business ethics?
Business ethics include
practices and behaviors that
are good or bad.

11. Ethical Issues in Business:
Employee-Employer Relations
Employer-Employee Relations
Company-Customer Relations
Company-Shareholder Relations
Company-Community/Public Interest

12. Two Key Branches of Ethics:
Descriptive ethics involves describing,
characterizing and studying morality. i.e. it
replies to “What is?”
Normative ethics involves supplying and
justifying moral systems i.e. it replies to
“What should be?”