Laws, morals, and ethics are different but related concepts. Laws are rules backed by civil and criminal penalties, morals are personal standards of behavior, and ethics are professional standards. Both morals and ethics are open to interpretation. Ethics can be viewed as a framework to distinguish right from wrong. In many cultures, ethics and morality were historically derived from religious or philosophical traditions. There are ongoing debates around the relationship between business and ethics.
Life is about choices. We deal with choices in our personal lives everyday. Most of us are guided by such questions as, “Is this the correct thing to do? Is this the right decision to make?” We are guided by our own sense of morality, i.e. the difference between right and wrong.
Ethics, ethical behaviour, and the culture of ethics starts with the leadership of an organization. Associates in an organization emulate the behaviour of the leaders of the organization. So, if the leaders behave unethically, then, it stands to reason that subordinates will, also.
Life is about choices. We deal with choices in our personal lives everyday. Most of us are guided by such questions as, “Is this the correct thing to do? Is this the right decision to make?” We are guided by our own sense of morality, i.e. the difference between right and wrong.
Ethics, ethical behaviour, and the culture of ethics starts with the leadership of an organization. Associates in an organization emulate the behaviour of the leaders of the organization. So, if the leaders behave unethically, then, it stands to reason that subordinates will, also.
The law is the key starting point for any business. Most leading businesses also have their own statement of Business Principles which set out their core values and standards. In Anglo American”s case, this is called “Good Citizenship”.
Legality is only a first step
Questions to ask: When faced with a potentially unethical action.
Management’s role
Compliance/Integrity based codes
Corporate social responsibility
A definition and stakeholders
Management,Culture and Ethos,Role And Significance Of Ethos In Managerial Practices,Management Is Culture Bound,Sources Of Indian Ethos In Management,Vedas,Shastras,Smrities,Puranas,Upanishads,Ramayan,Mahabharat,Arthashastra,Panchtantra,Hitoupdesh,Guru Granth Sahib,Teaching of Buddha,Teaching of Mahaveer,The Holy Bible,The Holy Quran,Human Behviour-Indian Thoughts,Guna Theory,Sanskara Theory
Ethics & Compliance - An Organizational OutlookM Ravish Malgi
This presentation briefly covers the difference between ethics & compliance and also gives a gist about their respective importance to the business world.
The law is the key starting point for any business. Most leading businesses also have their own statement of Business Principles which set out their core values and standards. In Anglo American”s case, this is called “Good Citizenship”.
Legality is only a first step
Questions to ask: When faced with a potentially unethical action.
Management’s role
Compliance/Integrity based codes
Corporate social responsibility
A definition and stakeholders
Management,Culture and Ethos,Role And Significance Of Ethos In Managerial Practices,Management Is Culture Bound,Sources Of Indian Ethos In Management,Vedas,Shastras,Smrities,Puranas,Upanishads,Ramayan,Mahabharat,Arthashastra,Panchtantra,Hitoupdesh,Guru Granth Sahib,Teaching of Buddha,Teaching of Mahaveer,The Holy Bible,The Holy Quran,Human Behviour-Indian Thoughts,Guna Theory,Sanskara Theory
Ethics & Compliance - An Organizational OutlookM Ravish Malgi
This presentation briefly covers the difference between ethics & compliance and also gives a gist about their respective importance to the business world.
A broad examination of ethics and of individual and definitive good decision-making initiatives in the use of information systems in a global perspective. This course aims to recognize ethical issues raised by existing and rising technologies, apply a sorted-out structure to analyze danger and decision choices, and appreciate the impact of individual ethics and various leveled characteristics on an ethical workplace. Students explore the technological underpinnings of associated technology systems, experiment with individual and group interaction with technologies, and examine the mechanics of ethical and unethical behaviors.
Business Ethics Introduction,Ethical Reflection,Nature & Purpose of Ethical Reflection,Characterstics of Moral Standards,Morality,Mediating between Moral Demand & Interest,Relative Autonomy of Business Morality,Studies of Business Ethics,Role of Ethics in Business,Theory of Voluntary Mediation,Participatory Ethics,Duty Ethics
Parle agro project presentation internet versionAniruddh Tiwari
This presentation was a part of my internship project which I did for Parle Agro Pvt. Ltd, Bangalore.
Please download the presentation so as to make full use of the slides and inter-presentation movements.
This document was a part of my assignment in Sales & Distribution Management, where I was asked to develop a sales plan for hypothetical new to the world product.
By:-
Aniruddh Tiwari
Linkedin :- http://in.linkedin.com/in/aniruddhtiwari
This presentation briefly tries to explain the supply chain management in Toyota Automobiles. The presentation is co-developed by Shashank M.A, Saiganesh N.P. & Anju Pillai.
By:-
Aniruddh Tiwari
Linkedin :- http://in.linkedin.com/in/aniruddhtiwari
This presentation is trying to explain the Linear Programming in operations research. There is a software called "Gipels" available on the internet which easily solves the LPP Problems along with the transportation problems. This presentation is co-developed with Sankeerth P & Aakansha Bajpai.
By:-
Aniruddh Tiwari
Linkedin :- http://in.linkedin.com/in/aniruddhtiwari
This presentation was a part of my group project study at M S Ramaiah Institute Of Management, Bangalore. Co-Developed by : Shashank M.A, Prasad E. Prabhu, Binit chouraria, Koushik Basak & Uma Maheshwar Rao (MSRIM Bangalore)
By:-
Aniruddh Tiwari
Linkedin :- http://in.linkedin.com/in/aniruddhtiwari
Please download this presentation & refer the slide notes for better understanding of the topic.
By:-
Aniruddh Tiwari
Linkedin :- http://in.linkedin.com/in/aniruddhtiwari
The case throws a light on how Toyota marketed their hybrid product ‘Prius’ in USA. It is a market which had a history of fast cars and big SUVs.
The presentation was co-developed by : Aakansha Bajpai, Abhishek Bose, Amit Kumar Das, Arvind Singh, Arunava Saha, Archana Yadav (MSRIM Bangalore)
By:-
Aniruddh Tiwari
Linkedin :- http://in.linkedin.com/in/aniruddhtiwari
This is short presentation which tries to explain the inventory management in Financial Management by taking Tata Steel as an example. This presentation was prepared along with Shashank M.A, Gautam Raj, Prasad E. Prabhu & Abhishek Bose (MSRIM Bangalore)
By:-
Aniruddh Tiwari
Linkedin :- http://in.linkedin.com/in/aniruddhtiwari
A short presentation showing types and causes of channel conflict arising in sales & distribution network.
By:-
Aniruddh Tiwari
Linkedin :- http://in.linkedin.com/in/aniruddhtiwari
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
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RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
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India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
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What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
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Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
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Improving profitability for small businessBen Wann
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At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
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2. • Laws: A set of rules for personal or corporate
behavior; civil and/or criminal penalties apply
• Morals: A set of standards for (personal) behavior
• Ethics: A set of standards for (professional) behavior
• Morals and ethics are voluntary in some sense
• Like laws, they are open to many interpretations
3. • A system of moral principles, by which
human actions and proposals may be
judged good or bad or right or wrong
(Macquarie Dictionary) ;
• . . . rules of practice in respect to a
single class of human actions;
as, political or social ethics; medical
ethics (Webster‘s Dictionary)
4. • ―Framework for human conduct that relates
to moral principles and attempt to
distinguish right from wrong‖
(Miesing & Preble 1985)
• Codes of ethics can be ―viewed as an
ethical framework rather than a solution to
a problem‖(Harris et al)
5. • In most cultures, ethics are connected with divine origins:
•Babylonian civilization received laws of
Hammurabi from sun god.
• God gave 10 commandments to Moses
•In Greek civilization, Plato says that god
Zeus gave morality to help mankind
• Manusmriti Samhita incorporates earliest
code of social and legal ethics in India
6. • Indian religion has always been associated with
philosophy
• The Veda's (about 4000 years old) talked about 4 basic
goals of existence:
• Prosperity
• Satisfaction of desires
• Moral duty
• Salvation
• Upanishad's distinguished between law and ethics –
ethics come from inner desire
7. Based on: Smith, Huston (1994). The Illustrated World's Religions. San Francisco: Harper.
8.
9. In a recent Wall Street Journal
article, Psychology professor Steven
Davis says that cheating by high school students
has increased from about 20 percent in the
1940’s to 75 percent today.
“Students say cheating in high school is for
grades, cheating in college is for a career.”
10. • Ethics = doing what‘s right, building better
societies
• Business = playing to win, doing what‘s good
for the firm
• So are we really Professors of Oxymoronity
??!!
(Oxymoron
Def. 1. a combination of contradictory terms, also
considered a paradox.
2. a contradiction in terms)
11.
12.
13. • In an extreme, altruistic sense, business and ethics
may seem incompatible:
• Earning profits may also be a unethical
• In Islamic finance, earning interest is unethical
• All possessions stem from insecurity; insecurity
comes from mistrust:
• Therefore, possession itself may be unethical
in extreme sense
• Lots of businesses may need violence of some
degree:
• E.g., Medical research
• Where do we draw the line between business and
morality:
• If the approach is subjective, then ethics lose
their meaning as everyone defines ethics to suit
one‘s convenience
• Is there a universal, perennial definition of
―ethics‖?
14.
15. Misappropriation of
• Built a
Funds: $13 million golf
course on personal
property.
• Paid for Manhattan
apartments for family
members.
• Covered hundreds of
millions of dollars of the
family's stock losses.
17. Type of misconduct observed Employees
observing it
Lying to employees, customers, vendors, or the public 26%
Withholding needed information from employees, 25%
customers, vendors or public
Abusive or intimidating behaviour towards employees 24%
Misreporting actual time or hours worked 21%
Discrimination on basis of race, gender, etc 17%
Sexual harassment 13%
Stealing, theft, or related fraud 12%
Breaking environmental and safety laws/regulations 12%
23. • Identifying the opportunities for change and the
‗structures of constraint‘.
• Enhancing moral imagination
• Recognising and understanding different moral
perspectives.
• Explaining and rationalising these
perspectives.
• Developing new ways of considering
responsibilities of business in society.
24. • Acknowledging and understanding the barriers.
• Encouraging moral awareness and literacy –
going beyond the business case.
• Providing the tools for ethical decision-making.
• Fostering creativity and moral imagination.
• Walking the talk.
25.
26. • Written code of ethics
• Employee commitment
• Employee training
• Discipline process
• Full disclosure
• Building expectations
• Resolution process – conflict
management
27.
28. • A formal code of business conduct
and ethics.
• To be signed and adhered to by
employees.
• Action against any employee for
violation thereof.
29. • General standards of conduct.
• Management of conflicts of
interest.
• Prohibition of exploitation of
corporate opportunities.
• Protection of company‘s
confidential information.
• Obligations under securities laws.
• Use of assets.
30. • There are ethics in business … they‘re just not
always visible, and don‘t necessarily lead to the
kinds of behaviour we‘d like.
• Morally motivated behaviour is possible in
business, but is subject to considerable, and
quite rigid structures of constraint.
• There are few right and wrong answers, just
better or worse decisions, or more widely
acceptable behaviours.
• Being ethical in business is a creative
endeavour not just a rational one.
31. • Don‘t trust everyone to do the right thing—
proceed with caution.
• Gather the evidence you need.
• Make sure you‘re right.
• Don‘t exaggerate or overstate your case.
• Wait for the right time to come forward.
• Remain anonymous—the problem is the
issue, not you.
32.
33. Be sure you are
right, then go
ahead.
Davy Crockett
1786-1836
Altruistic - UnselfishPerennial – Permanent, PerpetualLast Point – The answer is ambigous to this question and sometimes depends on individuals’s perspective
He looted the company by taking 2.3 Billion $ from the investors in company’s name and used it personaly
It is one of the three moral theories. The other two are virtue ethics and deontology. Consequentialism refers to the consequences of one's conduct are the true basis for any judgment about the morality of that conduct.Example- Consequentialism says that lying is wrongDeontology says liying is totally wrongVirtue ethics takes a decision whther to tell a lie or not.