Business ethics ppt[1367]
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This document discusses several issues in business ethics including diversity, decision making, social networking, compliance, and harassment. It also covers fiduciary responsibility and relationships that entail fiduciary duty such as attorney-client, broker-principal, and trustee-beneficiary. Finally, it compares the shareholder concept of focusing on return on investment for owners versus the stakeholder concept of considering a wide range of groups affected by every company.
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The document discusses business ethics and its importance for organizations. It notes that business ethics ensures trust between businesses and consumers and promotes fair treatment. While business must make profits, it also has wider social responsibilities to minimize harm, treat employees well, and not damage communities. Upholding strong ethical values creates credibility with the public and employees, leading to success, loyalty and respect for the organization. The document emphasizes the importance of honesty, integrity, fairness, respect for others, accountability and transparency in business practices and decision-making.
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The document provides information about ethics and corporate social responsibility in international business. It discusses key topics such as business ethics, ethical issues companies may face internationally like labor practices and corruption, and the importance of ethics for business success and sustainability. It also describes responsive and strategic approaches to CSR, highlighting characteristics like transparency, stakeholder engagement, and aligning social goals with business objectives. Overall, the document emphasizes the complex ethical considerations companies must navigate globally and importance of establishing guidelines and accountability.
business ethics in a global economy
This document discusses business ethics and provides an overview of its importance and development over time. It covers several key points:
1) Business ethics is crucial for decision making at all levels of an organization and deals with determining what practices are acceptable. However, there is no single approach for resolving ethical issues.
2) Studying business ethics is important because scrutiny of business decisions has increased, trust in businesses has diminished after financial crises, and stakeholders influence what is considered ethical.
3) The study and practice of business ethics has evolved over the decades as issues like the environment, consumer protection, and financial misconduct have risen up. Regulations have also increased to codify ethical standards and compliance.
Unit 5 business ethics
101 Unit 5: Business ethics,
in this paper I have coved ;
1. Unit summary
2.Learning outcomes
3. Terminologies related to business Ethics
4. Differences between Business Ethics and Personal Ethics.
5. Benefits of Effective Governance and Managerial Ethics.
Ethical issues in business
This document provides an overview of ethical issues in business. It begins by defining business ethics as moral principles that guide how a business behaves. It then discusses various ethical issues businesses may face, such as fairness, honesty, diversity, decision-making, compliance, social media use, and harassment. The document also covers advantages of practicing business ethics like increased goodwill and productivity, as well as potential disadvantages like reduced freedom and extra costs. It concludes by emphasizing the importance of ethical leadership and behavior for businesses.
01. An overview of business ethics
This document provides an overview of business ethics. It defines business and ethics, explaining that business ethics examines moral issues that can arise in a commercial context. The document outlines several topics in business ethics, including why studying it is important. Some benefits are improved employee commitment, investor loyalty, customer satisfaction, and profits. A framework for studying business ethics is presented, covering applying moral philosophies and stakeholder responsibilities. The relationship between ethics, society, and religion is also discussed.
TTLM for develop MORALITY PP TWO for tvet.pptx
The document discusses professional codes of conduct and ethics. It begins by explaining that codes of conduct clarify an organization's values and define desired professional behavior. It then describes three main types of codes: compliance-based codes that enforce laws and regulations; value-based codes that address an organization's core values and public good; and codes that contain elements of both. The document also discusses applying codes of conduct to ensure ethical decision making and behavior among professionals.
Workplace ethics
these are slides on unethical behavior at the workplace. what are the common misconducts done by employer and employees and offers solutions to reduce unethical behavior at the workplace.
How to solve ethical issues in business
This document discusses ethical issues in business and business ethics. It begins by defining ethical issues as conflicts between business activities and moral principles that affect individuals. Common ethical issues include discrimination, workplace safety, social media use, and employee privacy. The document then defines business ethics as appropriate policies regarding controversial topics like corporate governance, insider trading, and discrimination. It discusses understanding business ethics through ensuring trust and fair treatment. Finally, it outlines types of business ethics like corporate social responsibility, transparency, fairness, and environmental concern.
Importance of-business-ethics
This document discusses the importance of business ethics. It notes that ethical behavior and corporate social responsibility can boost sales, reduce employee turnover, attract more talented employees, and attract investors, protecting a company's share price. Unethical behavior may damage a company's reputation and lower profits. The document outlines foundations of ethical behavior like treating others well and outlines some common ethical issues businesses face like honesty, fair compensation, and respecting others. It discusses how ethics can contribute to employee commitment, investor loyalty, customer satisfaction, and relationships with stakeholders. The conclusion emphasizes that an integrity approach to business can strengthen competitiveness and improve work life and relationships.
Strategic mgmt. for sustrainbility ppt
This document presents a strategic management presentation on corporate sustainability. It discusses key topics like corporate sustainability, the triple bottom line of economic, environmental and social impacts, stakeholder management, corporate governance, and corporate social responsibility. The presentation was delivered to a professor by three MBA students at CSJM University Kanpur. It provides an overview of these strategic management concepts as they relate to long-term sustainability.
Ethics in workplace
This document discusses ethical dilemmas that can arise in the workplace and how to address them. It begins by defining ethics and explaining why ethics are important in the workplace, such as building credibility and trust. It then describes types of ethical dilemmas like double binds and fairness dilemmas. Examples of common unethical workplace behaviors are provided like lying, stealing, and favoritism. The document recommends steps organizations can take like establishing clear policies, training employees, and having an ethics hotline. It emphasizes treating all employees equally and with respect. Overall, the document stresses the importance of ethics for business success and having open communication to resolve any ethical issues.
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Business ethics ppt[1367]
- 2. Overview of Issue in business Ethics • Diversity issue An ethical response to diversity begins with recruiting a diverse workforce, enforces equal opportunity in all training programs. • Decision making issue It centre on protecting employee and customer rights, making sure all business operations are fair
- 3. • Social networking issue Comments regarding employers or coworkers posted on social networking websites are costing employees jobs across the country. • Compliance and government issue It states that, no one may ask any employee to break the law, or go against company values, policies and procedures • Harassment in work life Maintaining professional workplace relationships between employees is a continuing challenge for employers regardless of the industry.
- 4. Fiduciary Responsibility A person with a Fiduciary Duty is someone in whom another person has placed the utmost trust and confidence to manage and protect property or money. The Fiduciary Relationship describes a relationship in which one person has an obligation to act for another's benefit.
- 5. Relationships widely regarded as having a Fiduciary Duty attorney and client Broker and principal Principal and agent Managers/directors and shareholders Trustee and beneficiary Executor or administrator and heirs of an estate
- 7. Shareholder Stakeholder Focuses on performance of the company Superset Wide range of groups Every company Focused on return on investment Subset Owners of the business Company limited by shares