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Business Ethics and Social Responsibility What is Business?  Business  is a complex activity that involves major activities like production, manufacturing, marketing, advertising, selling, and the like. Is business an integral part of society? Yes, business is an activity that is part and parcel of human society, therefore, its activities must be examined from the  ethical perspective.
[object Object],[object Object],[object Object]
The Importance of Ethics in Business ,[object Object],[object Object]
[object Object]
Moral Reasoning in Business ,[object Object]
What is Moral Reasoning? ,[object Object]
Responsibility of Managers ,[object Object]
Fig. 1 Framework for Moral Reasoning Ethical Issues/ Problems REALITY CHECK Moral Standard Company Policy Ethical Principle Moral Norm Moral Judgment SITUATION ANALYSIS PROBLEM ANALYSIS DECISION ANALYSIS RESOLUTION Examples: Graft Sexual Harassment Theft  Bribery Gravity of offense Frequency of offense Harm done  Number of people affected  Cost Company rules/policies Ethical principles  Code of conduct  Moral norms Moral or Immoral Legal or Illegal
Characteristics of a Good Moral Standard ,[object Object],[object Object]
[object Object],[object Object]
Characteristics of a Good Moral Judgment ,[object Object],[object Object]
The Morality of Good Moral Judgment ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object]
Reading   between   the line ,[object Object]
[object Object],[object Object],[object Object]
[object Object]
The  Good  and the  Bad Sides  of  Profit-Motive ,[object Object],[object Object],[object Object],[object Object]
The  Bad Side  of  Profit-Motive ,[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object]
Business Ethics Defined ,[object Object],[object Object],[object Object]
[object Object]

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Business ethics and social responsibility

  • 1. Business Ethics and Social Responsibility What is Business? Business is a complex activity that involves major activities like production, manufacturing, marketing, advertising, selling, and the like. Is business an integral part of society? Yes, business is an activity that is part and parcel of human society, therefore, its activities must be examined from the ethical perspective.
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8. Fig. 1 Framework for Moral Reasoning Ethical Issues/ Problems REALITY CHECK Moral Standard Company Policy Ethical Principle Moral Norm Moral Judgment SITUATION ANALYSIS PROBLEM ANALYSIS DECISION ANALYSIS RESOLUTION Examples: Graft Sexual Harassment Theft Bribery Gravity of offense Frequency of offense Harm done Number of people affected Cost Company rules/policies Ethical principles Code of conduct Moral norms Moral or Immoral Legal or Illegal
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.