Covid-19 has give a new world order as well as Business Ethics to be adopted by the Industries and Businesses. Presentation underhand is an attempt to highlight some new ethics to be followed during lock down.

1. NEW BUSINESS ETHICS IN COVID – 19
By SEHRISH SABA RAJA ADVOCATE

2. No doubt
businesses
are run for
profit

3. No doubt every
business is faced
with navigating
the new
economic
landscape for its
long-term
survival

4. Ethical business
decision making
is more
important for
businesses
during this
crisis

5. NOTE:
It is important to
note that Ethics
and not
capitalism, will
yield profits in
the long run.

6. Uncharted Territory for Business
Ethics is Required to Explore

7. Not to make
Artificial
Shortage/
Scarcity of
commodities.

8. Not to
make
Artificial
High Pricing

9. Avoid
Hoarding
Practices

10. Avoid
Black
Marketing

11. -Adopt Fair
Pricing Policy
-Don’t make
money out of
sufferings of
others

12. Don’t compel to
either pay rent /
payments etc. or
otherwise direct
tenant to leave
the shop/ office/
home on rent etc.

13. Corporate social innovation
Use these four pillars of CSI to create a
positive impact on society as well as
businesses bottom lines.
i-Through PHILANTHROPY, corporations
can provide direct donations or in-kind
support;
Ii- Through ADVOCACY, corporations have
the capacity to shape public policy;
iii-Through CORPORATE SOCIAL
RESPONSIBILITY PROGRAMMES,
corporations can use their many resources
toward the benefit of society;
Iv-Through SHARED VALUE CREATION,
firms can develop profitable new products
and services that address unmet societal
needs.