A

1. CLASSICAL PHILOSOPHIES
AND THEIR IMPLICATION FOR
BUSINESS PRINCIPLES AND
PRACTICES
-SOCRATES & CONFUCIUS

2. VIRTUE ETHICS
It is very
individualistic and
primarily concerned
with helping one
person become a
better person though
self-improvement.

3. SOCRATES
Socrates thought that
knowledge is virtue,
and virtue leads to
happiness. It makes
sense to think that
moral people know what
morality is.

4. According to Socrates,
the ideal life focuses on
the following:
Self-development
Pursuit of goodness
Virtue
Justice
Integrity
Friendship

5. CONFUCIUS
There six important
ethical components in
Confucianism including
the concepts of xi, zhi, li,
yi, wen and ren.

6. Xi- learning
Zhi- character
Li- community
Yi- Morality
Wen- Self development
Ren- Humanity

7. 5 THINGS CONFUCIUS COULD TEACH US
ABOUT BUSINESS
1. The way they perceive a ‘crisis’
2. The importance of “Guanxi”
3. Strategy and Preparation
4. Re-evaluating what success
really means
5. What Confucius said...

8. Success depends upon
previous preparation,
and without such
preparation there is sure
to be failure.
-Confucius