Ethics is a set of rules that define right and wrong conduct. Business ethics can be defined as written and unwritten codes of principles and values that govern decisions and actions within a company. In the business world, the organization's culture sets standards for determining the difference between good and bad decision making and behavior.

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2. Moral Principles govern a person's
behaviour or the conducting of on
activity.
ETHICS

3. BUSINESSS
ETHICS
Ethics is a set of rules that define right and
wrong conduct.
Business ethics can be defined as written and
unwritten codes of principles and values that
govern decisions and actions within a
company. In the business world, the
organization's culture sets standards for
determining the difference between good and
bad decision-making and behaviour.

4. •Honesty Integrity
•Promise-Keeping & Trustworthiness
•Loyalty Fairness
•Concern for Others Respect for
Others
•Law Abiding
•Commitment to Excellence
•Leadership Reputation & Morale
Accountability
PRINCIPLE
OF BUSINESSS
ETHICS

5. •Personal Ethics
•Common Ethics
•Professional Ethics
TYPES OF
ETHICS

6. •Includes your personal values and moral qualities.
•Influenced by family, friends, culture, religion, education and many
other factors.
•Examples: I believe racism is morally wrong. I am in favor of abortion.
•Personal ethics can change and are chosen by an individual.
PERSONAL
ETHICS

7. •Ethics that the majority of people agree on.
•Many philosophers argue there is no such ethics
.
•Do we have the same ethics in the world? Do we have the same ethics
in the U.S.? Does everyone in your family share the same ethics?
•Examples: Murdering people for the sake of murder is wrong.
•Notice how this would change in the context of self-defence.
•Common ethics have to be very general to avoid disagreement.
COMMONN
ETHICS

8. PROFESSIONAL
ETHICS
•Rules imposed on an employee in a company, or as
member of a profession. For instance, journalists, doctors,
lawyers, etc.
•Imposed when you are a part of a professional setting or
when you are being trained or educated for working for a
specific profession.
•Examples: no gossiping, time management, punctuality,
confidentiality, transparency.
•Not adhering to these may harm your professional
reputation.

9. IMPORTANCE
OF BUSINESS
ETHICS
• Goodwill
•Profitability
•Survival of business
•Healthy competition
•Customer satisfaction
•Safeguarding consumer rights
•Protecting employees and shareholders
•Smooth function of business
•Consumer movement
•Importance of labor

10. Ethics are important not only in
business but in all aspects of life
because it is an essential part of the
foundation on which of a civilized
society is build. A business or society
that lacks ethical principles is bound
to fail sooner or later.
CONCLUSION

11. THANK
YOU!