1. ETHICAL PRACTICES
IN BUSINESS

2. WHAT IS BUSINESS?
A business (also known as
enterprise or a firm) is an
organisation engaged in the trade of
goods, services or both to
consumers.

3. BUSINESS ETHICS
MEANINGS
Business Ethics deals with morality in
the business.it is a system of moral principles
and values applied to business activities.this
means the business activities should be
conducted according to ethics or moral
standards.

4. CUSTOME
RS
EMPLOYEES SHAREHOLDERS DISTRIBUTORS
GOVERNME
NT
SOCIETY INVESTORS SUPPLIERS

5. Ethical practices in business
 Be trustful
 Have clear documents
 Be respectful
 Fair treatment to employees
 Avoid exploitation of consumers
 Accept social responsibilities

6. Isn’t the “Best Ethic” maximizing
Shareholder Value?

7. WHAT ARE UNETHICAL BUSINESS
PRACTICES?
Abusive Behavior
Accurate but Incomplete Disclosures
Discrimination against Protected Class
Receiving/Offering Bribes, Kickbacks or
Incentives
Theft or Fraud: Personal Use of Company
Property
Termination without Fair Notice or Cause

9. About WALMART
 Headquartered in Bentonville, Arkansas.
 Topped the list of Fortune’s Global 2000.
 Large Numbers of Customers.
 Over 2 million employees worldwide - one of the
largest private employers in the nation.
 World-Wide Business.

10.  100 million customers every week.
 "Low prices, always"
 Helping Hands
 Helps in saving money.
 Private label brands.

11. WAL-MART and workforce relations
WAGE
S
WORKING CONDITIONS
HEALTH INSURANCE

12. Child labor violations Use of illegal workers
Labor union opposition Gender orientation

14. Ethically yours!!!