The document discusses business ethics. It defines business ethics as examining ethical principles and problems that arise in business environments. Business ethics can originate from individuals, organizations, or legal systems. It notes some key aspects of business ethics including honesty, non-discrimination, good employee and customer communications, and equal opportunity. The document also outlines some advantages like competitive advantages and increased productivity, and disadvantages such as reduced profit flexibility and extra costs. It provides an example of dishonest advertising as bad business ethics and explains the need for business ethics is to introduce social responsibility, serve industry interests, cater to buyers, improve societal relations, and benefit both business and society.

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By,
Md Muktadir Rahman

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 Business ethics is a form of professional ethics that examines ethical principles
and moral or ethical problems that arise in a business environment.
 These ethics originate from individuals, organizational statements or from the
legal system.
What is business ethics?
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 Honesty and reliability.
 No discrimination of any type.
 Honesty relationship between employees.
 Good communication between organization and client.
 Maintain equal opportunity for all
Business ethics

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1.Business ethics offer companies a competitive advantage.
2.Good will of the firm hikes depending on its respond towards it ethical issue.
3.Productivity through rigid ,firm and sincere worker as well as other business
chain members.
4.Through increasing morale and trust business can increses their market share.
Advantage of business ethics
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Disadvantage of business ethics
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1.Business ethics reduce a company ‘s freedom to maximize its profit.
2.Diversity in achievements. For example: A company may diverse from its
achievements and tarn towards Any other direction
Any other direction.
3.Extra expenditure in some cases. For example: In some cases company may
incur extra cost for solving certain ethical issues like accident compensation
,solution for pollution etc.

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Example of business ethics
 Dishonesty is a common example of bad business ethics.
For example, if a company makes false claims in its advertising, there is an
argument to be made that the company is being dishonest to its customers by
leading them to believe something that isn’t entirely accurate.

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Need for business ethics
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 Introducing socialism in business.
 Interest of industry.
 Buyers market.
 Better relations with society.
 Advantage to business and society.

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