This document discusses ethics in management. It covers ethics in human resource management, marketing ethics, financial management ethics, and technology/professional ethics. For human resource management, it describes treating employees ethically, areas of HR ethics like rights and safety, and the role of HR in promoting ethics. It also discusses unethical HR practices by employers, employees, and government. For marketing ethics, it defines ethics and marketing and how ethics relates to the marketing mix of product, price, place, and promotion.

1. ETHICS IN
MANAGEMENT
PREPARED & PRESENTED BY: MS. HIMANI
R.

2. LAYOUT
• INTRODUCTION
• ETHICS IN HRM
• MARKETING ETHICS
• ETHICAL ASPECTS OF FINANCIAL MANAGEMENT
• TECHNOLOGY ETHICS AND PROFESSIONAL ETHICS.
2Prepared by: Ms. Himani R.

3. INTRODUCTION
• ETHICS IN ORGANIZATION IS THE ETHICAL
TREATMENT OF EMPLOYEES,
STOCKHOLDERS, OWNERS, PUBLIC, ETC.
• ETHICS AND ETHICAL BEHAVIOR ARE THE
ESSENTIAL PART OF THE HEALTHY
ENVIRONMENT.
• ETHICAL BEHAVIOR IMPROVES THE
WORK ATMOSPHERE AND HELPS TO
MOTIVATE EMPLOYEES, EVOKES A SENSE
OF PRIDE FOR THE COMPANY AND
IMPROVES PUBLIC IMAGE.
3
Prepared by: Ms. Himani R.

4. LEVELS OF ORGANIZATIONAL
ETHICS
• Company
concentrat
es on its
long term
goals for
the benefit
of society.
Social
Responsibilit
y
• Company
shows
carelessne
ss for the
consequen
ces of it’s
actions.
Social
Disregard • Company
adjusts its
policies
according
to the
social
conditions,
demands
&
pressures.
Social
Responsiven
ess
• Company
does not
extend its
activity any
further
than
meeting its
legal
responsibil
ities.
Social
Obligation
4Prepared by: Ms. Himani R.

5. ETHICS IN HRM
• HRM IS THE PROCESS OF PLANNING, ORGANIZING,
DIRECTING AND CONTROLLING HUMAN ACTIVITIES TO
ACHIEVE THE ORGANIZATIONAL GOAL AND INDIVIDUAL
GOALS.
• ETHICS ARE THOSE VALUES, WHICH HAS BEEN IMBIBED
WITHIN AN INDIVIDUAL ON REINFORCED EXTERNALLY THAT
HELP HIM TO DISTINGUISH BETWEEN RIGHT AND WRONG AND
TO ACT ACCORDINGLY.
• THERE CAN BE SEVERAL SOURCES OF ETHICS LIKE
RELIGION, ORGANIZATIONAL CULTURE, LEGAL OBLIGATIONS
ETC. 5Prepared by: Ms. Himani R.

6. AREAS OF HRM ETHICS
• BASIC HUMAN RIGHTS, CIVIL AND
EMPLOYMENT FIGHT. (E.G. JOB
SECURITY, FEEDBACK FROM
TESTS);
• SAFETY IN THE WORKPLACE;
• PRIVACY;
• JUSTIFIABLE TREATMENT TO
EMPLOYEES. (E.G. EQUITY AND
EQUAL OPPORTUNITY);
• RESPECT, FAIRNESS AND
HONESTY BASED PROCESS IN
THE WORKPLACE.
6Prepared by: Ms. Himani R.

7. ROLE OF HR IN PROMOTING
ETHICS
• IMPROVE RECRUITMENT AND SELECTION TESTS
• CONDUCT ETHICS TRAINING
• ENSURE THAT THERE ARE NO PITFALLS IN PERFORMANCE
APPRAISAL
• REWARDS AND DISCIPLINARY SYSTEM
• IMPROVE AND FACILITATE TWO WAY COMMUNICATION
• AVOID ANY KIND OF DISCRIMINATION AMONG THE
EMPLOYEES BASED ON CERTAIN FACTORS LIKE CASTE,
COLOUR, CULTURE, RELIGION, APPEARANCES ETC.
• EQUAL OPPORTUNITIES MUST BE GIVEN TO EVERY
EMPLOYEE FOR HIS ADVANCEMENT AND DEVELOPMENT.
• MEASURES SHOULD BE TAKEN FOR EMPLOYEE SAFETY
WHILE WORKING IN THE ORGANIZATION.
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Prepared by: Ms. Himani R.

8. UNETHICAL PRACTICES OF HRM
1. EMPLOYERS
• CREATING SPLIT IN UNION LEADERS;
• BIASED ATTITUDE IN SELECTION, TRANSFER, PROMOTION ETC.;
• OFF-SHORING AND EXPLOITING ‘CHEAP’ LABOUR MARKETS;
• CHILD LABOUR;
• RENEGING(BREAKING PROMISES) ON COMPANY PENSION
AGREEMENTS;
• PHYSICAL VIOLENCE;
• COERCION (FORCING);
• LONGER AND INFLEXIBLE WORKING HOURS;
• PUTTING ON MORE STRESS ON EMPLOYEES FOR INCREASING
THE PRODUCTIVITY;
• THE USE OF DISPUTED AND DUBIOUS PRACTICES IN HIRING AND
FIRING OF PERSONNEL. 8
Prepared by: Ms. Himani R.

9. CONTINUED
2. EMPLOYEES
• FALSE CLAIM OF PERSONAL DETAILS LIKE AGE,
QUALIFICATIONS ETC.
• PRODUCING FALSE CERTIFICATES.
• TAKING DECISIONS AS PER THEIR CONVENIENCE.
3. GOVERNMENT
• ANNOUNCING THE VACANCIES AND NOT TAKING ANY ACTION
FURTHER.
• FUNCTIONING OF GOVERNMENT OFFICES IS NOT
TRANSPARENT AND RELIABLE.
• SELECTION COMMITTEES WILL BE EXCESSIVELY CAUTIOUS
OF RESERVATION QUOTAS AND POSSIBLE COURT CASES
RATHER THAN GAINING THROUGH THE RESPONSIBILITIES.
9
Prepared by: Ms. Himani R.

10. MARKETING ETHICS
• ETHICS: IS THE ART & SCIENCE OF DETERMINING GOOD AND
BAD OR RIGHT OR WRONG MORAL BEHAVIOR.
• MARKETING: IS THE PROCESS OF COMMUNICATING THE VALUE
OF A PRODUCT OR SERVICES TO CUSTOMERS FOR THE
PURPOSE OF SELLING IT.
• MARKETING ETHICS: IS THE AREA OF APPLIED ETHICS WHICH
DEALS WITH THE MORAL PRINCIPLES BEHIND THE OPERATIONS
AND REGULATIONS OF MARKETING.
10
Prepared by: Ms. Himani R.

11. ETHICS & MARKETING MIX
11Prepared by: Ms. Himani R.

12. ETHICS & MARKETING MIX
Product
• Consumer
safety
• Product
reliability
• Product
design
Price
• Bid rigging
• Predatory
pricing
• Price fixing
Place
• Coercion to
buy more
• False
shortages
• Fake delivery
promises
Promotion
• Unhealthy
products
• Deceptive ads
12
Prepared by: Ms. Himani R.