The ppt speaks about the important business ethics and why is it so important for the the growth of an organisation and a person as well.

2. MEMBERS
SR.NO NAME ROLL NO.
1. Ms. Chaugule shweta 5
2. Ms. Khan Rukhsar 17
3. Ms. Pathan Afshana 26
4. Ms. Vishwakarma Sweta 43
5. Mr. Shaikh Avesh 54

3. CONTENT
•Introduction
•Business Ethics
•Features of Business Ethics
•Principles of Business Ethics
•Need for business ethics
•Advantages of business ethics

4. The term‘ethics’ is derived fromthe
Greekword ‘Ethos’ whichmeans
“Character”
Ethics is a social science whichdeals
with concepts suchas rightand wrong,
moral and immoral , good and bad etc.
Behavior of dealing with one another
INTRODUCTION

5.  Business Ethics
deals with the
morality in the
business. It is a
system of moral
principles and values
applied to business
activities. This means
that the business
activities should be
conducted according
to ethics or moral
BUSINESS ETHICS
MEANING

6. Business ethics
“
“Business ethics is an art or
science of maintaining
harmonious relationship with
society, its various groups
and institutions as well as
reorganizing for right or
wrong of business conduct.”

8. Advantages of business
• ADVANTAGE TO
BUSINESS MAN
• ADVANTAGE TO
CONSUMER AND
SOCIETY
• ADVANTAGE TO
EMPLOYEES
• ADVANTAGE TO
GOVERNMENT

9. • Is it legal ?
• Is it balanced ?
• How will it make me
feel about myself ?

10. Features of business ethics
Code of conduct
Provide protection to social group
Provide basic frame work
Need willing acceptance
Education and guidance
Not against fair profit making

11. Principles of business ethics
• AVOID EXPLOITATION OF
CONSUMERS
• AVOID UNFAIR TRADE PRACTICES
• FAIR TREATMENT TO EMPLOYEES

12. Principles of Business ethics
• AVOID TAKING BRIBE
• RESPECT CONSUMER RIGHTS
• ACCEPT SOCIAL RESPONSIBILITY

13. Importance of Business Ethics
• Improving consumer confidence
• Business becomes conscious of social
responsibilities
• Protect consumer rights
• Create good image of business

14. Importance… cont’d
• Goodwill
• Profitability
• safety from legal perspectives

15. ETHICAL AND UNETHICAL
• HAVING MORAL VALUES
• FAIR PRICES
• FAIR WAGES
• NO VALUES NO ETHICS
• SHORT WEIGHT AND MEASURES
• SUPPLY INFERIOR QUALITY

16. CASE STUDY
• Organization : KFC
• Industry : Fast Foods
• Period : 1995 - 2004
• Country : India

17. Q.1. Since its entry in India in
1995,KFC has been facing protests
by cultural & Economicactivists
and farmers. What are the reasons
for these protests?
Answer:
 Need for protecting animal rights
 Chicken they serve is full of chem
icals (mono-sodium glutamate)
 It encourage
farmers to shift production of crops
to animal feeding
 Leaves poorer section of society
with no affordable food.

18.  A company’s ethics will determine its
reputation
Good business ethics are essential for
long term success of an organization
A company’s ethics will have an
influence on all levels of business
CONCLUSION

20. THANKYOUALL
!!!