1. Business Ethics
By ; Nida Afzal

2. Define and differentiate between
the following
1. Ethics, business ethics and ecological ethics
2. Transformational and transactional
leadership
3. Environmental injustice

3. • Ethics: The study of standards and how
they affect human conduct
• Business Ethics : The study and
examination of moral and social
responsibility in relation to business
practices and decision-making in business
• Ecological ethics: Moral principles
governing the human attitude towards
environment care and preservation

4. • Transformational
leadership :
• Aims at enhancing
motivation and
performance of
followers
• Transactional leadership :
• Leader promotes
followers by rewards and
punishments
• Effective in utilizing the
strengths of followers
• This type is effective in
crises and emergency
situations
• Leaders act like a role
model
• Leader act more like a
manager

5. Environmental Injustice
• inequitable distribution of environmental
benefits and burdens(pollution , crime etc.)

6. Define conflict of interest and
conditions that raises it

7. Conflict of interest with conditions
• Occurs when an individual is involved in
multiple interests , one of which could
possibly corrupt the motivation for an acr in
another.
• Self dealing
• Outside employment

8. Discuss philosophy of utilitarianism
and egoism

9. Utilitarianism
• Focuses on maximum utility
• Rule and Act utilitarianism

10. Egoism
• Focuses on self interest
• Enlightened egoist