Corporate Ethics
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A presentation on Corporate Ethics given in CGC GHaruan competition on a condition that slides should not have to be more than 10 and time to prepare was 1 hour and topics were given on the spot.
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Corporate ethics
The document discusses corporate ethics. It defines ethics and corporate ethics as conceptions of right and wrong behavior in business environments. The document outlines approaches to implementing corporate ethics, including defining acceptable behavior, following high standards, and complying with laws. It describes four approaches corporations can take to ethics - amoral, legalistic, responsive, and ethical. Finally, it emphasizes the importance of ethics for building a civilized society and enhancing an organization's goodwill and public image.
Corporate ethics
Business ethics examines ethical principles and problems that arise in business. It is relevant to both individual conduct and entire organizations. Issues in business ethics occur at the macro level of a business's role in society, the corporate level of social responsibility and strategy, and the individual level of employees' behavior. Adhering to ethics like honesty, respect, loyalty and doing right can help discard corporate evils and create positive change from within organizations.
Business Ethics an Introduction
This document discusses ethics and business ethics. It defines ethics as the study of good and bad behavior and morality. Business ethics refers to applying ethical standards to business practices and decisions. The document outlines several approaches to ethical standards like utilitarianism and virtue ethics. It also discusses ethical dilemmas that can arise in business when there are conflicts between ethical decisions and business interests. Overall, the document provides an overview of ethics and emphasizes the importance of following ethical practices in business.
13.1 Ethical Behavior
This document discusses ethics and ethical behavior in business. It defines ethics as having guidelines for human behavior and choosing between right and wrong. Ethical behavior means consciously choosing to do right. A code of ethics provides a set of rules to guide individuals and businesses. For businesses, it means applying principles of right and wrong to workplace situations. A business has ethical responsibilities towards customers, employees, and the community it operates in.
Ethics
This document discusses the key concepts of business ethics including its nature, objectives, and various issues. It notes that business ethics refers to applying ethical judgments to business activities. The main objectives of business ethics are to establish moral standards for behavior, judge conduct, and make recommendations. Some issues covered include marketing ethics, production ethics, accounting/finance ethics, and human resource management ethics. It also discusses the need for businesses to consider stakeholders and act as good corporate citizens. International business ethics and the influence of religion on business values are also addressed.
Business Ethics
The document discusses business ethics, including defining ethics, the importance of ethics in business, principles of business ethics, and factors that influence ethics such as culture, managerial values and attitudes, and sources of business ethics. It provides examples and explanations of key concepts in business ethics and outlines objectives, scope, and needs for incorporating ethics into business practices.
Work Ethics & Corporate Culture
Work ethics and corporate culture are important for any organization. Work ethics refers to moral principles related to work like being on time, working hard, and having loyalty. Corporate culture is the shared beliefs and practices that define how a company operates. There can sometimes be a disconnect between individual work ethics and a company's culture. Despite challenges, each person should focus on adding value through their highest priority tasks and by doing what they believe is right. Doing good work with integrity and kindness is important, even if the results are not immediately clear.
Business ethics..
This document discusses business ethics and provides definitions, importance, practices, and theories related to business ethics. It defines business ethics as the study of moral rules and regulations governing business situations and decisions. It highlights the importance of business ethics in protecting reputation, ensuring fair practices, and determining obligations. Unethical practices like dishonesty can harm a business through costs like requiring an ethics monitor. Factors influencing business ethics include leadership, personality, policies, and the external environment. Ethical dilemmas may arise when choosing between benefiting people or the business. Common ethics theories explored are utilitarian, rights, justice, and virtue approaches. Globalization requires considering diverse cultural values in business policies.
Recommended
Corporate ethics
The document discusses corporate ethics. It defines ethics and corporate ethics as conceptions of right and wrong behavior in business environments. The document outlines approaches to implementing corporate ethics, including defining acceptable behavior, following high standards, and complying with laws. It describes four approaches corporations can take to ethics - amoral, legalistic, responsive, and ethical. Finally, it emphasizes the importance of ethics for building a civilized society and enhancing an organization's goodwill and public image.
Corporate ethics
Business ethics examines ethical principles and problems that arise in business. It is relevant to both individual conduct and entire organizations. Issues in business ethics occur at the macro level of a business's role in society, the corporate level of social responsibility and strategy, and the individual level of employees' behavior. Adhering to ethics like honesty, respect, loyalty and doing right can help discard corporate evils and create positive change from within organizations.
Business Ethics an Introduction
This document discusses ethics and business ethics. It defines ethics as the study of good and bad behavior and morality. Business ethics refers to applying ethical standards to business practices and decisions. The document outlines several approaches to ethical standards like utilitarianism and virtue ethics. It also discusses ethical dilemmas that can arise in business when there are conflicts between ethical decisions and business interests. Overall, the document provides an overview of ethics and emphasizes the importance of following ethical practices in business.
13.1 Ethical Behavior
This document discusses ethics and ethical behavior in business. It defines ethics as having guidelines for human behavior and choosing between right and wrong. Ethical behavior means consciously choosing to do right. A code of ethics provides a set of rules to guide individuals and businesses. For businesses, it means applying principles of right and wrong to workplace situations. A business has ethical responsibilities towards customers, employees, and the community it operates in.
Ethics
This document discusses the key concepts of business ethics including its nature, objectives, and various issues. It notes that business ethics refers to applying ethical judgments to business activities. The main objectives of business ethics are to establish moral standards for behavior, judge conduct, and make recommendations. Some issues covered include marketing ethics, production ethics, accounting/finance ethics, and human resource management ethics. It also discusses the need for businesses to consider stakeholders and act as good corporate citizens. International business ethics and the influence of religion on business values are also addressed.
Business Ethics
The document discusses business ethics, including defining ethics, the importance of ethics in business, principles of business ethics, and factors that influence ethics such as culture, managerial values and attitudes, and sources of business ethics. It provides examples and explanations of key concepts in business ethics and outlines objectives, scope, and needs for incorporating ethics into business practices.
Work Ethics & Corporate Culture
Work ethics and corporate culture are important for any organization. Work ethics refers to moral principles related to work like being on time, working hard, and having loyalty. Corporate culture is the shared beliefs and practices that define how a company operates. There can sometimes be a disconnect between individual work ethics and a company's culture. Despite challenges, each person should focus on adding value through their highest priority tasks and by doing what they believe is right. Doing good work with integrity and kindness is important, even if the results are not immediately clear.
Business ethics..
This document discusses business ethics and provides definitions, importance, practices, and theories related to business ethics. It defines business ethics as the study of moral rules and regulations governing business situations and decisions. It highlights the importance of business ethics in protecting reputation, ensuring fair practices, and determining obligations. Unethical practices like dishonesty can harm a business through costs like requiring an ethics monitor. Factors influencing business ethics include leadership, personality, policies, and the external environment. Ethical dilemmas may arise when choosing between benefiting people or the business. Common ethics theories explored are utilitarian, rights, justice, and virtue approaches. Globalization requires considering diverse cultural values in business policies.
Business Ethics
Business ethics involves ethical decision-making by people in business according to moral principles or values. There are many factors that influence decision-making, including issue intensity, personal moral philosophy, and organizational culture. Ethical decision-making follows steps like gathering facts, identifying stakeholders, and considering consequences. Business ethics aims to study and establish standards for morally right behavior in business. Organizations can shape ethical conduct through codes of conduct, ethical training and reasoning, demonstrating ethical leadership, and helping employees act ethically.
Dealing with unethical behaviors in organizations
The document discusses unethical behaviors in organizations. It begins by defining ethics and unethical behavior. It then notes that many organizations electronically monitor employees. Some common unethical behaviors discussed include lying, stealing, and safety violations. Unethical behaviors can harm organizations through lower sales, increased risks of scandals, and lower productivity and employee morale. The document examines reasons why unethical behavior occurs, such as pressures from management. It provides a case study of Apple and discusses how the company worked to address unethical supplier practices. Finally, the document provides recommendations for preventing unethical behavior through clear policies, training, and open communication.
Business ethics
Business ethics examines ethical problems that arise in business environments and applies to both individual and organizational conduct. It comprises principles that guide behavior regarding what is right and wrong in business decisions and actions. There are two key branches: descriptive ethics scientifically studies moral beliefs and practices; normative ethics determines what is morally right or wrong through principles and theories. Encouraging ethical behavior in organizations involves communicating ethics codes, managers serving as role models of ethical conduct, disciplinary actions for unethical behavior, and rewards for ethical behavior.
Ethics & Ethical behavior
The document discusses corporate ethics and ethical behavior at three levels - macro, business, and individual. At the macro level, it examines the role of business in society and different economic systems. At the business level, it discusses corporate social responsibility and ethical issues facing companies. At the individual level, it addresses the behavior of people within organizations. It provides examples of ethical rules for corporations, such as helping others and respecting employees. It defines ethical behavior, codes of ethics, and the responsibilities of businesses towards customers, employees, and society. Finally, it discusses the role of top management in setting goals, policies and being role models for ethical behavior in the organization.
Business ethics
This document discusses business ethics. It defines ethics as rules that define right and wrong conduct, and business ethics as the written and unwritten codes that govern decisions and actions within a company. It notes that ethical issues include the relationships between a company and its employees, suppliers, customers, and neighbors, as well as its fiduciary duty to shareholders. The document outlines advantages of ethical behavior such as higher revenues, improved brand recognition, better employee motivation and recruitment, an enhanced reputation, and new sources of financing. It concludes that ethics are important not only in business but in all aspects of life as they are essential to a civilized society, and that businesses or societies without ethical principles are bound to fail.
Ethical Dilemmas in Business
This document discusses business ethics and ethical dilemmas that can arise in business. It defines business ethics as examining the principles and problems that can emerge in a business environment. It outlines several ethical issues that can occur across organizational functions like accounting, human resources, sales and marketing, and production. These issues include misleading financial reports, discrimination, anti-competitive practices, and dangerous or defective products. The document also provides two case studies, one about protests against KFC for alleged animal cruelty and excessive MSG, and another about the arrest of the CEO of Baazee.com for allowing the sale of explicit content online.
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This document provides an introduction to business ethics. It discusses how ethics and values are important foundations for any business. While the basic aim of business is profit, companies should not ignore basic ethical principles in their pursuit of profit. The document then provides examples of ethical leadership from companies like Wipro and Infosys to illustrate how strong ethics do not deter business success and can help businesses endure. It also lists some guidelines for managing ethics in the workplace, such as integrating ethics into strategic planning and other management practices. Finally, it describes the history and development of business ethics as a field, tracing discussions of ethical issues in business back to ancient Greek philosophers like Plato and Aristotle.
Cross cultural issues in ethics
This document discusses cross-cultural issues in business ethics in the context of a new global economic order based on comparative cultural advantage. It argues that different cultures have developed different ethical norms based on differing conceptions of human nature. Relationship-based cultures see humans as defined by their relationships, leading to an ethic of care, while rule-based cultures see autonomous individuals with equal rights. The document asserts we must understand other cultures' value systems rather than universalize Western ethics. It examines examples like corruption, which may undermine one culture but be functional in another. The key is determining if an action could sustain the cultural system if generalized.
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This document discusses business ethics and values. It defines values and ethics, and distinguishes between instrumental values which are behaviors and terminal values which are desirable end states. Ethics establishes moral standards for judging right and wrong conduct. Business ethics comprises the principles that guide behavior in business. Encouraging ethical conduct involves ethics training, protecting whistleblowers, having an ethics advocate, and establishing a clear code of ethics.
Business Ethics Lecture 2 & 3
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slides on understanding workplace ethics, what it affects, benefits of workplace ethics, slides on ethic codes, codes of conduct, values, ethic programs, required resources, two ethical styles, 3 steps to resolve ethical dilemmas and how to address ethical dilemmas, guidelines and slides on implementing ethic programs, detecting 6 key roles and responsibilities, guidelines for moral decision making, 10 common ethic code provisions, 15 slides on creating an effective code of conduct, and more.
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This document discusses ethics and the need for ethics. It explains that ethics can vary between professions and notes the difference between legal ethics and journalistic ethics as an example. The document also explores how behavior is influenced by peers, heredity, experiences and other factors. It addresses the challenge of maintaining objectives and a healthy bottom line in a profession while staying ethical. The document discusses how industries and workforces should consider ethical issues and standards. It provides examples of fake certificates in certain industries and how data and information can be misrepresented without context. The document outlines Lawrence Kohlberg's stages of moral development and emphasizes that teachers are most important for motivating students and getting them to work together, not technology itself.
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2. Characteristics of ethical leaders include articulating organizational values, developing people, encouraging dissent, and framing actions in ethical terms while considering stakeholder interests.
3. Becoming an ethical leader requires knowing one's core values and having courage to live by them consistently, especially under pressure, in service of the greater good. Developing ethical leaders necessitates strengthening leadership programs with focus on ethical decision making.
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Banks must comply with all relevant laws and regulations to build trust with stakeholders. They should treat all stakeholders fairly and equitably, and disclose financial information truthfully. Maintaining high ethical standards benefits banks through increased goodwill, better management of non-performing assets, and attracting loyal customers and employees. As part of their corporate social responsibility, banks should consider the environment and social welfare in their strategies, accept responsibility for any environmental harm, and support the community through initiatives like donations, scholarships, and assisting vulnerable groups.
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Individual Factors: Moral Philosophies and Value
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HOW DOES INDIVIDUAL'S BACKGROUNDS AND PHILOSOPHIES INFLUENCE ONE'S DECISION?
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uploaded for reference by students
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notes for business ethics
Business ethics introduction
This document provides an overview of topics in business ethics presented by students to Mr. Md. Shahnawaz Abdin on February 10, 2012. It introduces concepts like ethics, business ethics, morals and values, utilitarianism, universalism, the theory of rights, theory of justice, virtue ethics, ethics of care, law and ethics, and the nature of ethics in management. The document defines key terms and discusses approaches to determining right and wrong like law, religion, tradition, education, and common sense. It examines ethical issues and dilemmas that businesses may face.
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Business ethics involves ethical decision-making by people in business according to moral principles or values. There are many factors that influence decision-making, including issue intensity, personal moral philosophy, and organizational culture. Ethical decision-making follows steps like gathering facts, identifying stakeholders, and considering consequences. Business ethics aims to study and establish standards for morally right behavior in business. Organizations can shape ethical conduct through codes of conduct, ethical training and reasoning, demonstrating ethical leadership, and helping employees act ethically.
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The document discusses unethical behaviors in organizations. It begins by defining ethics and unethical behavior. It then notes that many organizations electronically monitor employees. Some common unethical behaviors discussed include lying, stealing, and safety violations. Unethical behaviors can harm organizations through lower sales, increased risks of scandals, and lower productivity and employee morale. The document examines reasons why unethical behavior occurs, such as pressures from management. It provides a case study of Apple and discusses how the company worked to address unethical supplier practices. Finally, the document provides recommendations for preventing unethical behavior through clear policies, training, and open communication.
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Business ethics examines ethical problems that arise in business environments and applies to both individual and organizational conduct. It comprises principles that guide behavior regarding what is right and wrong in business decisions and actions. There are two key branches: descriptive ethics scientifically studies moral beliefs and practices; normative ethics determines what is morally right or wrong through principles and theories. Encouraging ethical behavior in organizations involves communicating ethics codes, managers serving as role models of ethical conduct, disciplinary actions for unethical behavior, and rewards for ethical behavior.
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The document discusses corporate ethics and ethical behavior at three levels - macro, business, and individual. At the macro level, it examines the role of business in society and different economic systems. At the business level, it discusses corporate social responsibility and ethical issues facing companies. At the individual level, it addresses the behavior of people within organizations. It provides examples of ethical rules for corporations, such as helping others and respecting employees. It defines ethical behavior, codes of ethics, and the responsibilities of businesses towards customers, employees, and society. Finally, it discusses the role of top management in setting goals, policies and being role models for ethical behavior in the organization.
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This document discusses business ethics and ethical dilemmas that can arise in business. It defines business ethics as examining the principles and problems that can emerge in a business environment. It outlines several ethical issues that can occur across organizational functions like accounting, human resources, sales and marketing, and production. These issues include misleading financial reports, discrimination, anti-competitive practices, and dangerous or defective products. The document also provides two case studies, one about protests against KFC for alleged animal cruelty and excessive MSG, and another about the arrest of the CEO of Baazee.com for allowing the sale of explicit content online.
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This document provides an introduction to business ethics. It discusses how ethics and values are important foundations for any business. While the basic aim of business is profit, companies should not ignore basic ethical principles in their pursuit of profit. The document then provides examples of ethical leadership from companies like Wipro and Infosys to illustrate how strong ethics do not deter business success and can help businesses endure. It also lists some guidelines for managing ethics in the workplace, such as integrating ethics into strategic planning and other management practices. Finally, it describes the history and development of business ethics as a field, tracing discussions of ethical issues in business back to ancient Greek philosophers like Plato and Aristotle.
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The document discusses business ethics and corporate social responsibility, outlining key concepts such as moral values, norms, judgments, and the differences between right and wrong, good and bad. It also examines the importance of business ethics for developing employees' critical thinking skills and preparing them for ethical issues in their careers. Stakeholders are identified as important considerations for businesses in ensuring ethical and socially responsible practices.
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This document discusses ethics and the need for ethics. It explains that ethics can vary between professions and notes the difference between legal ethics and journalistic ethics as an example. The document also explores how behavior is influenced by peers, heredity, experiences and other factors. It addresses the challenge of maintaining objectives and a healthy bottom line in a profession while staying ethical. The document discusses how industries and workforces should consider ethical issues and standards. It provides examples of fake certificates in certain industries and how data and information can be misrepresented without context. The document outlines Lawrence Kohlberg's stages of moral development and emphasizes that teachers are most important for motivating students and getting them to work together, not technology itself.
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1. Ethical leadership is about raising the aspirations of followers and motivating them to achieve a common purpose through compelling moral vision and living according to strong principles.
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Ethics and corporate social responsibilities in banks
Banks must comply with all relevant laws and regulations to build trust with stakeholders. They should treat all stakeholders fairly and equitably, and disclose financial information truthfully. Maintaining high ethical standards benefits banks through increased goodwill, better management of non-performing assets, and attracting loyal customers and employees. As part of their corporate social responsibility, banks should consider the environment and social welfare in their strategies, accept responsibility for any environmental harm, and support the community through initiatives like donations, scholarships, and assisting vulnerable groups.
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This document provides an overview of business ethics. It defines business ethics as written and unwritten codes that govern decisions and actions within a company. It discusses the nature, types, factors, need, and scope of business ethics. It also covers corporate social responsibility, crisis management, and issues related to the management of ethics. The key aspects covered include defining ethics, distinguishing between ethical theories, outlining principles and characteristics of business ethics, and examining the relationship between ethics and corporate governance, social responsibility, and crisis management.
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- 1. Corporate Ethics Umesh & Akash 22/03/2011
- 2. • Corporate: A corporation is a Legal entity that is created under the laws of a State designed to establish the entity as a separate legal entity having its own privileges. Ethics: Concepts such as good and evil, right and wrong, virtue and vice, justice, etc.
- 4. Corporate Governance • Corporate governance is the set of processes, customs, policies, laws, and institutions affecting the way a corporation (or company) is directed, administered or controlled.
- 5. To help our clients meet their goals through our people, services and solutions
- 6. Integrity: Honesty, fairness and transparency in our conduct and transactions Trust: Faith and belief in each other Care: Being concerned about the well being of all employees
- 8. Shareholders lost nearly $11 billion 8000Cr Fraud
- 9. • “Have the courage to say no. Have the courage to face the truth. Do the right thing because it is right. These are the magic keys to living your life with integrity.” W. Clement Stone • “It was like riding a lion without knowing how to get rid of it without being eaten.” R.L.Raju