Ethics

1. DEFINING
B U S I N E S S E T H I C S
S . M S A M I H U S S A I N
S H A F I A H M E D S I D D I Q U E

2. C O N T E N T
1. CONCEPTS OF BUSINESS ETHICS
2. LEVELS OF BUSINESS ETHICS
(INDIVIDUAL, SOCIETAL, ORGANIZATION)
3. ETHICAL DILEMMA
4. PRINCIPLES OF BUSINESS ETHICS

3. I N T RO
Business ethics is the study of business
activities, business policies, ethical
principles, business situations and
problems that take place in the
business. It is a study where issues of
right and wrong are discussed. While
conducting business, traders often try to
generate the highest possible returns.
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4. C O N C E P T S O F B U S I N E S S E T H I C S
Business ethics refers to the right and wrong behavior in business
decisions. It is concerned with the critical and standard examination of the
principle , values , and standards that guide behavior in the sphere of
business.
It is like a code of ethical conduct for a business having a social moral
values system.
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5. 3 L E V E L S O F B . E T H I C
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Societal level
Individual level
Organizational level

6. S O C I E TA L
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Social Responsibility is a crucial part of business ethics. A responsible
organization considers and recognizes the impact that its decisions and
activities impact on society and the environment; and behaves in a manner
that positively contributes to the sustainable development, health and
welfare of society.

7. I N D I V I D UA L
Ethics at an individual level may seem to involve only the individual but it is
a holistic process. There may be high pressure from co-workers,
managers, or any other constituent of business culture to be unethical.
Individuals may hate such pressures, and tend to work avoiding the
dilemmas.
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8. O RG A N I Z AT I O N
Organization ethics are the policies, procedures and culture of doing right
things in the face of difficult and often controversial situation. Organization
ethics are set of principles that determine what is right and wrong in the
work place.
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9. E T H I C A L D I L E M M A
What Is An Ethical Dilemma? An ethical dilemma in the workplace is
defined as a decision-making situation where employees or stakeholders
are provided with various options that may violate industry or
organizational moral and ethical standards.
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10. P R I N C I P L E S O F B . E T H I C S
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The 6 most important principles of Business Ethics are as follow:
1. Leadership
2. Accountability
3. Integrity
4. Respect of Laws
5. Responsibility
6. Environmental Concern

11. S U M M A RY
There are several reasons business ethics
are essential for success in modern business.
Most importantly, defined ethics programs
establish a code of conduct that drives employee
behavior—from executives to middle
management to the newest and youngest
employees. When all employees make ethical
decisions, the company establishes a reputation
for ethical behavior. Its reputation grows, and it
begins to experience the benefits a moral
establishment reaps
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12. T H A N K YO U
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