Contents
Introduction
Meaning and definitions of business ethics
Sources of business ethics
Characteristics of business ethics
Importance
Principles of business ethics
Introduction
Business is a part of society and its functions in the society.
It is the application of ethics to business.
It is the study of good and evil, right or wrong and just and unjust actions of businessmen.
Every business should be guided by ethics.
Ethics helps to survive and succeed their ventures.
Meaning and definition
It refers to the “moral principles which are considered right by the society.
It is the study of morality.
These are the moral principles and rules of conduct which govern and guide the activities of business.
According to David Fritzsche, “it is the process of evaluating decisions, either pre or post, with respect to the moral standards of society’s culture”.
The institute of global ethics defines, “the term ethics as obedience to the unforceable”.
Sources of business ethics
Religion
Culture experience
Legal system
Characteristics/features of business ethics
This slide gives information about the
MEANING OF BUSINESS ETHICS
MEANING OF ETHICAL MODEL
PERFORMANCE OF ETHICS IN BUSINESS
ADVANTAGES OF ETHICS IN BUSINESS
FACTORS INFLUENCING ETHICS
TYPES OF MODEL
THIS INCLUSIVE OF M.COM AND FOR B.COM STUDENTS
THIS TOPIC IS INCLUSIVE OF BOTH SYLLABUS.
This revision presentation introduces the concept of business ethics. The distinction between ethical and legal behaviour is examined as are the potential benefits and drawbacks of ethical behaviour. Some topical examples of business ethics in action are also provided.
Contents
Introduction
Meaning and definitions of business ethics
Sources of business ethics
Characteristics of business ethics
Importance
Principles of business ethics
Introduction
Business is a part of society and its functions in the society.
It is the application of ethics to business.
It is the study of good and evil, right or wrong and just and unjust actions of businessmen.
Every business should be guided by ethics.
Ethics helps to survive and succeed their ventures.
Meaning and definition
It refers to the “moral principles which are considered right by the society.
It is the study of morality.
These are the moral principles and rules of conduct which govern and guide the activities of business.
According to David Fritzsche, “it is the process of evaluating decisions, either pre or post, with respect to the moral standards of society’s culture”.
The institute of global ethics defines, “the term ethics as obedience to the unforceable”.
Sources of business ethics
Religion
Culture experience
Legal system
Characteristics/features of business ethics
This slide gives information about the
MEANING OF BUSINESS ETHICS
MEANING OF ETHICAL MODEL
PERFORMANCE OF ETHICS IN BUSINESS
ADVANTAGES OF ETHICS IN BUSINESS
FACTORS INFLUENCING ETHICS
TYPES OF MODEL
THIS INCLUSIVE OF M.COM AND FOR B.COM STUDENTS
THIS TOPIC IS INCLUSIVE OF BOTH SYLLABUS.
This revision presentation introduces the concept of business ethics. The distinction between ethical and legal behaviour is examined as are the potential benefits and drawbacks of ethical behaviour. Some topical examples of business ethics in action are also provided.
Complete knowledge on the relation of Ethics from a Business perspective.
Go through the slides and learn how business relates to modern business.
#business ethics
Ethical Principles for Business. Whether you work for a small business or a major corporation, ethical principles matters. The most recent lesson on the importance of business ethics came with the Wall Street collapse, as once highly esteemed financial institutions made headlines for their bad choices and questionable behavior.
While businesses have to meet economic expectations, they also have ethical responsibilities. Everyone, from the bottom to the top of the organizational chart, must take care to meet these responsibilities.
What Is Business Ethics?
Business ethics is the study of appropriate business policies and practices regarding potentially controversial subjects including corporate governance, insider trading, bribery, discrimination, corporate social responsibility, and fiduciary responsibilities. The law often guides business ethics, but at other times business ethics provide a basic guideline that businesses can choose to follow to gain public approval.
Complete knowledge on the relation of Ethics from a Business perspective.
Go through the slides and learn how business relates to modern business.
#business ethics
Ethical Principles for Business. Whether you work for a small business or a major corporation, ethical principles matters. The most recent lesson on the importance of business ethics came with the Wall Street collapse, as once highly esteemed financial institutions made headlines for their bad choices and questionable behavior.
While businesses have to meet economic expectations, they also have ethical responsibilities. Everyone, from the bottom to the top of the organizational chart, must take care to meet these responsibilities.
What Is Business Ethics?
Business ethics is the study of appropriate business policies and practices regarding potentially controversial subjects including corporate governance, insider trading, bribery, discrimination, corporate social responsibility, and fiduciary responsibilities. The law often guides business ethics, but at other times business ethics provide a basic guideline that businesses can choose to follow to gain public approval.
CORPORATE SOCIAL RESPONSIBILITY - Background & Implications In IndiaSatyaki Chowdhury
This Presentation on CSR will give you the very core idea of what is CSR, how it evolved, what are it's applications, its effect on the aspect of Business & Some examples of CSR's Involvement in India!!!!
The Slide No. 25 contains a Youtube Video. The link is given below :
https://www.youtube.com/watch?v=o0Ur-JqQmvQ
Hope you will get a basic idea of CSR from the presentation.
Thank You.
A presentation looking at trends, drivers, actions, strategy and business ethics, why they matter, who does them well and what the business case is today
Strategic Corporate Social Responsibility Recommendations for H&M, 2008Sustainable Fashion LA
This is a presentation my group put together for our Strategic CSR class. We were assigned the task of recommending a Sustainability Strategy that fit within the core business strategy of our our selected business.
What's really exciting is that H&M is actually starting to do this. Not on our recommendation, of course, but as a reaction to recent press around their practice of throwing unsold clothing into the trash.
As always in fashion, one man's trash...
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
Introduction to AI for Nonprofits with Tapp NetworkTechSoup
Dive into the world of AI! Experts Jon Hill and Tareq Monaur will guide you through AI's role in enhancing nonprofit websites and basic marketing strategies, making it easy to understand and apply.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
Embracing GenAI - A Strategic ImperativePeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
1. 9-1
What Is Business Ethics?
Business ethics involves applying
general ethical principles and standards
to business activities, behavior and
decisions
Ethical principles in business are not
different from ethical principles in general
Business actions are judged
By general ethical standards of society
Not by more permissive standards
2. 9-2
Ensuring a Strong Commitment to
Business Ethics in Multinational
Companies
Three schools of thought about
the extent to which ethical
standards apply across countries
and cultures exist:
Ethical Universalism
Ethical Relativism
Integrative Social
Contracts Theory
3. 9-3
Concept of Ethical
Universalism
According to the school of ethical
universalism . . .
Same standards of what is right and
what is wrong are universal and
transcend most cultures, societies,
and religions
Universal agreement on basic moral
standards allows a multinational company to
develop a code of ethics that is applied
evenly across its worldwide operations
4. 9-4
Examples of Universal
Ethical Principles or Norms
Honesty
Trustworthiness
Respecting the rights of
others
Practicing the Golden Rule
Avoiding unnecessary
harm to
Workers
Users of a company’s
product or service
5. 9-5
Concept of Ethical Relativism
According to the school of ethical
relativism . . .
What is ethical or unethical
must be judged in light of local
moral standards and can vary
from one country to another
Companies a code of conduct based
upon the principle of ethical relativism
assume that local morality is an
adequate guide for ethical behavior
6. 9-6
Drawbacks of Ethical
Relativism
The ethical relativism rule of “when in
Rome, do as the Romans do” presents
problems
It is ethically dangerous for company
personnel to assume that local ethical
standards are an adequate guide to ethical
behavior
» What if local standards condone
kickbacks and bribery?
» What if local standards blink at
environmental degradation?
7. 9-7
Integrative Social Contracts Theory
According to the integrative social
contracts theory, the ethical
standards a company should try to
uphold are governed by both
1. A limited number of universal ethical
principles that put ethical boundaries on
actions and behavior in all situations
and
2. The circumstances of local cultures,
traditions, and values that further
prescribe what constitutes ethically
permissible behavior and what does not
8. 9-8
Prioritizing Ethical Standards
Integrative social contracts theory
provides that “first order” universal
ethical norms always take
precedence over “second order”
local ethical norms when local
norms are more permissive
9. 9-9
Corporate Social Responsibility
Social responsibility calls for
companies to strike a balance between
1. Its economic responsibility to
shareholders
2. The legal responsibility to comply with the
laws of the countries where it operates
3. The ethical responsibility to abide by
society’s norms, and
4. The discretionary philanthropic
responsibility to meet the unmet needs of
society