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Business Ethics
 Presented By :-
Saurav 31
Nishit 18
Siddhesh 46
Sharath 47
Index
• What Is Business Ethics?
• What Do We Mean By Ethics?
• Types Of Ethics
• Importance Of Ethics
• Why Business Ethics Is Important?
• Why Apply Business Ethics?
• Some Business Ethical Issues
What Is Business Ethics?
• Business Ethics is the study of business situations,
activities, and decisions where issues of right and wrong
are addressed. Right and Wrong in morality,
commercially, strategically or financially.
• Business Ethics do not only include commercial
business but also:
- Government organizations
- Pressure groups
- Not for profit businesses
- Charities and other organizations
What Do We Mean By Ethics?
• The term "ethics" is derived from the greek word
"ethos" which refers to characters, ideals, beliefs
or morally behavior.
• Ethics is a branch of philosophy which deals with
questions such as what is right and wrong, moral
and immoral, good and bad with respect to
human behavior.
• It includes study of universal values such as
equality, morality, integrity, humun or natural
right.
Types Of Ethics
 Metaethics: about the theoretical meaning and
reference of moral propositions and how their
truth values may be determined.
 Normative Ethics: about the practical means of
determining a moral course of action.
 Applied Ethics: draws upon ethical theory in
order to ask what a person is obligated to do in
some very specific situation, or within some
particular domain of action.
Importance Of Ethics
• Guides Human Behavior : Ethic guides human
behavior in terms of what is right and wrong,
good and bad.
• Includes Values and Morals : Ethics is a branch
of philosophy that include various values, morals
, norms and standard in an individual.
• Helps in Decision making : Ethical conducts
encourages a culture of making decisions based
on ethical moral and principles.
Why Business Ethics Is Important?
• Business Ethics is very prominent
business topic.
- Consumers and pressure groups request that any firm
behave ethically and ecologically.
- Media seems to keep the spotlight on corporate abuses
and bad practices.
- Firms understand themselves that being ethical is good
for businesses, inside the organizations with employees
and as well to gain some profit.
Why Apply Business Ethics?
• The power of influence of business in
society is greater than ever before.
• Demand of being ethical are requested in
order to be competitive on a market.
• Business ethics can improve ethical
decision making by acknowledging
managers.
Some Business Ethical Issues
• Child Labor and low-labor costs
• Discriminations
• Bribery and corruption
• Overtime work
• Health and safety regulations
Reference
• Ethics Text Book
• Wikipedia/Business Ethics
The End
Thank You

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Business ethics

  • 1. Business Ethics  Presented By :- Saurav 31 Nishit 18 Siddhesh 46 Sharath 47
  • 2. Index • What Is Business Ethics? • What Do We Mean By Ethics? • Types Of Ethics • Importance Of Ethics • Why Business Ethics Is Important? • Why Apply Business Ethics? • Some Business Ethical Issues
  • 3. What Is Business Ethics? • Business Ethics is the study of business situations, activities, and decisions where issues of right and wrong are addressed. Right and Wrong in morality, commercially, strategically or financially. • Business Ethics do not only include commercial business but also: - Government organizations - Pressure groups - Not for profit businesses - Charities and other organizations
  • 4. What Do We Mean By Ethics? • The term "ethics" is derived from the greek word "ethos" which refers to characters, ideals, beliefs or morally behavior. • Ethics is a branch of philosophy which deals with questions such as what is right and wrong, moral and immoral, good and bad with respect to human behavior. • It includes study of universal values such as equality, morality, integrity, humun or natural right.
  • 5. Types Of Ethics  Metaethics: about the theoretical meaning and reference of moral propositions and how their truth values may be determined.  Normative Ethics: about the practical means of determining a moral course of action.  Applied Ethics: draws upon ethical theory in order to ask what a person is obligated to do in some very specific situation, or within some particular domain of action.
  • 6. Importance Of Ethics • Guides Human Behavior : Ethic guides human behavior in terms of what is right and wrong, good and bad. • Includes Values and Morals : Ethics is a branch of philosophy that include various values, morals , norms and standard in an individual. • Helps in Decision making : Ethical conducts encourages a culture of making decisions based on ethical moral and principles.
  • 7. Why Business Ethics Is Important? • Business Ethics is very prominent business topic. - Consumers and pressure groups request that any firm behave ethically and ecologically. - Media seems to keep the spotlight on corporate abuses and bad practices. - Firms understand themselves that being ethical is good for businesses, inside the organizations with employees and as well to gain some profit.
  • 8. Why Apply Business Ethics? • The power of influence of business in society is greater than ever before. • Demand of being ethical are requested in order to be competitive on a market. • Business ethics can improve ethical decision making by acknowledging managers.
  • 9. Some Business Ethical Issues • Child Labor and low-labor costs • Discriminations • Bribery and corruption • Overtime work • Health and safety regulations
  • 10. Reference • Ethics Text Book • Wikipedia/Business Ethics