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Business Ethic
Casparina Renwarin
Cut Nanda M
Fatma Wardani
Micha Paramitha
Rizky Maulana
Definition of Business Ethnic
Business ethics is a specialized study
of the moral right and wrong. This
study concentrates on moral
standards as applied in policies,
institutions, and business conduct
(Velasquez, 2005)
There are several things that
should consider in business
ethics
1. self-control
2. social responsibility
3. Create a healthy competition
4. Able to state that right is right
5. Applying the concept of "sustainable
development“
6. Consistent with the rules that have been
agreed
7. Avoiding nature of (collusion, connection,
and the Commission)
3 Types of Problems
Encountered in Ethics
 systematic
Systematic issues in business
ethics ethical questions that arise
about the economic system,
political, legal, and social systems in
which the business operates.
3 Types of Problems
Encountered in Ethics
 corporation
Problems in the company's corporate
business are the questions in specific
companies. These problems include the
question of the morality of the activities,
policies, practices and organizational
structure of individual firms as a whole.
3 Types of Problems
Encountered in Ethics
 individual
Individual issues in business ethics
are questions concerning specific
individuals within the company. This
issue includes the question of the
morality of decisions, actions and
individual character.
ISLAMIC
BUSINESS ETHIC
Cut Nanda Mawarni
BASIC PHILOSOPHY ETHICS IN
ISLAM
 Islam has laid down the basic truth in the
Qur'an.
 there are Various theories of ethics from an
Islamic perspective, as follows:
- Teleology Utilitarian
- Distributive Justice
- Deontology
- Eternal Law
- Relativism
- Theory of rights
Islamic Business Ethics
 Islamic business ethics is a set of values about the
good, bad, right, wrong, and halal, haram in the
business world based on the principles of morality are
in accordance with Shariah.
 Islamic Ethics About Business In relation to the Islamic
paradigm of business ethics, the philosophical
foundation that must be built in Muslim personal is the
conception of the relationship between humans and
their environment, and the human relationship with
God, which in the language of the religion known as
(hablum minallah wa hablumminannas ).
 Islamic business ethics based on Al-qur’an and
Hadits.
The principles of business ethics
according to Al-Qur'an:
 Prohibits business conducted by the evil (Surah 4:29).
 The business must not contain elements of usury (Surah
2:275).
 Business activities also have a social function either through
Zakat and alms (Surah 9:34).
 The right to prohibit the reduction of an item or commodity
that is acquired or processed with medium dose or scales
because it is a form of tyranny (Surah 11:85).
 Upholding the values of both economic and social
balance, safety and kindness and do not approve of the
damage and injustice.
 Prohibited businesses do wrong (cheating) either for himself
or to other businesses ( Surah 7:85 , QS.2 : 205 )
ETHICS IN BUSINESS GUIDE
RASULULLAH
 Honesty
 Awareness about the social significance of
business activity .
 Did not perjury .
 Welcoming/friendly.
 Should not pretend bid at high prices , so that
other people are interested in buying at that price
.
 Should not speak ill of other people's business.
 Did not do ihtikar .
 Dose , measurements and weights are correct
 Business must not interfere with the activities of worship
to God .
 Paying employee wages before the sweat dried .
 Not monopoly .
 Should not be doing business in a state danger ( harm
) that can be harmful and damaging individual and
social life .
 Commodity businesses that sell goods that are holy
and lawful.
 Business done voluntarily , without coercion .
 Soon be paying off credit obligations.
 Gives grace period if the debtor ( creditor ) has not
been able to afford .
 Conducted that business net of elements of usury .
VIDEO
Christian
Business Ethic
Micha Paramitha
Christian Business Ethic
 The Bible is the guidelines
of business ethic
 Work is God's gift to
humans as well as being
God's call to them (Gen.
1:28).
 The Old Testament
contains laws and
injunctions about the fair
treatment of employees,
e.g. Leviticus 19:13;
Deuteronomy 25:13–15,.
Christian Business Ethic
When man fell into
sin, the work remains a
call for humans, but the
work was done with the
full competition (Gen.
3:17-19). In the New
Testament Paul reminds
to work, if someone does
not work should not be
fed (2 Thessalonians 3:10
b).
Christian Business Ethic
 The prophets,
especially Amos,
spoke out about the
unfair treatment of
the poor by the rich.
 People are told to
treat others as they
would be treated.
Christian Business Ethic
1. Honestly in
business. (Prov.
3:32).
2. Running a
responsible
business.
Christian Business Ethic
It is important for Christian
business people are
1. Let every business
person has a
conscience;
2. then he should be
sensitive to the social
problems arising in
business;
3. He should serve
others.
VIDEO
BUSINESS ETHICS
IN HINDUISM
CASPARINA RENWARIN
Business Ethics in Hinduism
There are three key reasons why ethics plays a key role
in business in Hinduism :
 First, it is crucial that ethics have a considerable
influence if we want an efficient, smoothly
operating economy. Ethics helps the market to its
best.
 Second, the government, laws and lawyers cannot
resolve certain key problems of business and protect
the society: ethics can.
 Third, ethical activity is valuable in itself, for its own
sake, because it enhances the quality of lives and
the work we do-business has an ethical responsibility
for fairness for humanity.
What is the Bhagavad-Gita?
 The Bhagavad-Gita is known as one of
the most fundamental texts that form the
basis of Hinduism, which has become one
of the world's great religions.
The Bhagavad Gita
In the Bhagavad Gita,
Krishna advises Arjuna
about an ethical system
that is applicable even
now. Krishna elaborates on
character-building virtues
and how to avoid ethical
failure.
The Bhagavad Gita the three fold meth
 karmayoga (work)
 bhaktiyoga (concentration)
 jnanayoga (knowledge)
The Bhagavad Gita
Virtues in the Bhagavad Gita
Krishna mentions qualities in business, which are:
 to be peaceful,
 charitable,
 simple,
 clean,
 mild-mannered,
 magnanimous,
 saintly,
 equitable,
 truthful,
 obedient and merciful
 One should surrender the fruits of one’s actions to God and
avoid greediness.
 More ideal qualities include: to be determined, steady,
concise, expert, eloquent, friendly, compassionate, grave,
humble, respectful and sober.
Lust is the Culprit
Many trainers try to teach people how to live
ethically with good character. But, still many
people even in the corporate world, fail when it
matters.
Gita’s Solution
To overcome lust and avoid ethical
failure, one needs to control one’s
unruly senses with the help of spiritual
strength. But, businesses generally
separate spirituality and work.
Gita is Fresh Even Today
 The Gita’s insight into the human psyche is still
relevant and fresh.
 The Gita shows the path to a more disciplined,
harmonious, peaceful, balanced and secular life.
Conclusion
 Now that you understand the idea of business
ethics, it is important to practice good ethical
behavior.
 Ethics are the building block of our society and
thus should be the building block of our
corporations. Henry Kravis states, “If you build
that foundation, both the moral and the ethical
foundation, as well as the business
foundation…then the building won't crumble.”
It is essential not to let greed cloud judgment.
Conclusion
 We have a tendency to believe in ethical
relativism, in such that individuals must evaluate
actions on the basis of what they feel is best for
themselves because with doing what we best
for we can help other.
 Example, ethical relativism requires us to see
murder as a moral action as long as the
murderer believes that the action is best for
himself or herself. Once a person accepts the
appropriateness of criticizing behavior in some
situations, the person has rejected ethical
relativism.

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Business Ethic in Religion

  • 1. Business Ethic Casparina Renwarin Cut Nanda M Fatma Wardani Micha Paramitha Rizky Maulana
  • 2. Definition of Business Ethnic Business ethics is a specialized study of the moral right and wrong. This study concentrates on moral standards as applied in policies, institutions, and business conduct (Velasquez, 2005)
  • 3. There are several things that should consider in business ethics 1. self-control 2. social responsibility 3. Create a healthy competition 4. Able to state that right is right 5. Applying the concept of "sustainable development“ 6. Consistent with the rules that have been agreed 7. Avoiding nature of (collusion, connection, and the Commission)
  • 4. 3 Types of Problems Encountered in Ethics  systematic Systematic issues in business ethics ethical questions that arise about the economic system, political, legal, and social systems in which the business operates.
  • 5. 3 Types of Problems Encountered in Ethics  corporation Problems in the company's corporate business are the questions in specific companies. These problems include the question of the morality of the activities, policies, practices and organizational structure of individual firms as a whole.
  • 6. 3 Types of Problems Encountered in Ethics  individual Individual issues in business ethics are questions concerning specific individuals within the company. This issue includes the question of the morality of decisions, actions and individual character.
  • 8. BASIC PHILOSOPHY ETHICS IN ISLAM  Islam has laid down the basic truth in the Qur'an.  there are Various theories of ethics from an Islamic perspective, as follows: - Teleology Utilitarian - Distributive Justice - Deontology - Eternal Law - Relativism - Theory of rights
  • 9. Islamic Business Ethics  Islamic business ethics is a set of values about the good, bad, right, wrong, and halal, haram in the business world based on the principles of morality are in accordance with Shariah.  Islamic Ethics About Business In relation to the Islamic paradigm of business ethics, the philosophical foundation that must be built in Muslim personal is the conception of the relationship between humans and their environment, and the human relationship with God, which in the language of the religion known as (hablum minallah wa hablumminannas ).  Islamic business ethics based on Al-qur’an and Hadits.
  • 10. The principles of business ethics according to Al-Qur'an:  Prohibits business conducted by the evil (Surah 4:29).  The business must not contain elements of usury (Surah 2:275).  Business activities also have a social function either through Zakat and alms (Surah 9:34).  The right to prohibit the reduction of an item or commodity that is acquired or processed with medium dose or scales because it is a form of tyranny (Surah 11:85).  Upholding the values of both economic and social balance, safety and kindness and do not approve of the damage and injustice.  Prohibited businesses do wrong (cheating) either for himself or to other businesses ( Surah 7:85 , QS.2 : 205 )
  • 11. ETHICS IN BUSINESS GUIDE RASULULLAH  Honesty  Awareness about the social significance of business activity .  Did not perjury .  Welcoming/friendly.  Should not pretend bid at high prices , so that other people are interested in buying at that price .  Should not speak ill of other people's business.  Did not do ihtikar .  Dose , measurements and weights are correct
  • 12.  Business must not interfere with the activities of worship to God .  Paying employee wages before the sweat dried .  Not monopoly .  Should not be doing business in a state danger ( harm ) that can be harmful and damaging individual and social life .  Commodity businesses that sell goods that are holy and lawful.  Business done voluntarily , without coercion .  Soon be paying off credit obligations.  Gives grace period if the debtor ( creditor ) has not been able to afford .  Conducted that business net of elements of usury . VIDEO
  • 14. Christian Business Ethic  The Bible is the guidelines of business ethic  Work is God's gift to humans as well as being God's call to them (Gen. 1:28).  The Old Testament contains laws and injunctions about the fair treatment of employees, e.g. Leviticus 19:13; Deuteronomy 25:13–15,.
  • 15. Christian Business Ethic When man fell into sin, the work remains a call for humans, but the work was done with the full competition (Gen. 3:17-19). In the New Testament Paul reminds to work, if someone does not work should not be fed (2 Thessalonians 3:10 b).
  • 16. Christian Business Ethic  The prophets, especially Amos, spoke out about the unfair treatment of the poor by the rich.  People are told to treat others as they would be treated.
  • 17. Christian Business Ethic 1. Honestly in business. (Prov. 3:32). 2. Running a responsible business.
  • 18. Christian Business Ethic It is important for Christian business people are 1. Let every business person has a conscience; 2. then he should be sensitive to the social problems arising in business; 3. He should serve others. VIDEO
  • 20. Business Ethics in Hinduism There are three key reasons why ethics plays a key role in business in Hinduism :  First, it is crucial that ethics have a considerable influence if we want an efficient, smoothly operating economy. Ethics helps the market to its best.  Second, the government, laws and lawyers cannot resolve certain key problems of business and protect the society: ethics can.  Third, ethical activity is valuable in itself, for its own sake, because it enhances the quality of lives and the work we do-business has an ethical responsibility for fairness for humanity.
  • 21. What is the Bhagavad-Gita?  The Bhagavad-Gita is known as one of the most fundamental texts that form the basis of Hinduism, which has become one of the world's great religions.
  • 22. The Bhagavad Gita In the Bhagavad Gita, Krishna advises Arjuna about an ethical system that is applicable even now. Krishna elaborates on character-building virtues and how to avoid ethical failure.
  • 23. The Bhagavad Gita the three fold meth  karmayoga (work)  bhaktiyoga (concentration)  jnanayoga (knowledge) The Bhagavad Gita
  • 24. Virtues in the Bhagavad Gita Krishna mentions qualities in business, which are:  to be peaceful,  charitable,  simple,  clean,  mild-mannered,  magnanimous,  saintly,  equitable,  truthful,  obedient and merciful  One should surrender the fruits of one’s actions to God and avoid greediness.  More ideal qualities include: to be determined, steady, concise, expert, eloquent, friendly, compassionate, grave, humble, respectful and sober.
  • 25. Lust is the Culprit Many trainers try to teach people how to live ethically with good character. But, still many people even in the corporate world, fail when it matters.
  • 26. Gita’s Solution To overcome lust and avoid ethical failure, one needs to control one’s unruly senses with the help of spiritual strength. But, businesses generally separate spirituality and work.
  • 27. Gita is Fresh Even Today  The Gita’s insight into the human psyche is still relevant and fresh.  The Gita shows the path to a more disciplined, harmonious, peaceful, balanced and secular life.
  • 28. Conclusion  Now that you understand the idea of business ethics, it is important to practice good ethical behavior.  Ethics are the building block of our society and thus should be the building block of our corporations. Henry Kravis states, “If you build that foundation, both the moral and the ethical foundation, as well as the business foundation…then the building won't crumble.” It is essential not to let greed cloud judgment.
  • 29. Conclusion  We have a tendency to believe in ethical relativism, in such that individuals must evaluate actions on the basis of what they feel is best for themselves because with doing what we best for we can help other.  Example, ethical relativism requires us to see murder as a moral action as long as the murderer believes that the action is best for himself or herself. Once a person accepts the appropriateness of criticizing behavior in some situations, the person has rejected ethical relativism.

Editor's Notes

  1. Honest attitude is difficult in this day and age, honestly started omitted in search of profit (money). Second, run a responsible business. Running a responsible business. . That is, businesses were able to cooperate with others and to receive input from several colleagues (including spouses); providing a quality product at an acceptable price; honor those who gave payable to you (Proverbs 3:27-28); treat subordinates and employees fairly, especially in terms of wages; and make customers or people who enjoy your product or service as a major. Do not deceive them.