This document provides an overview of the foundations of entrepreneurial ethics and law. It discusses the importance of ethics for entrepreneurs and businesses. It defines entrepreneurial ethics as how entrepreneurs behave ethically in starting and running businesses. It outlines several approaches to formulating ethical business behavior, including utilitarian, individual rights, and justice approaches. The document also discusses various laws and regulations related to business, including those regarding brands, consumer protection, and prohibiting monopolistic practices. Overall, the document emphasizes that ethics and law are important guidelines for entrepreneurs to build trust, protect reputations, and ensure the long-term success and fairness of their businesses.
This slide gives information about the
MEANING OF BUSINESS ETHICS
MEANING OF ETHICAL MODEL
PERFORMANCE OF ETHICS IN BUSINESS
ADVANTAGES OF ETHICS IN BUSINESS
FACTORS INFLUENCING ETHICS
TYPES OF MODEL
THIS INCLUSIVE OF M.COM AND FOR B.COM STUDENTS
THIS TOPIC IS INCLUSIVE OF BOTH SYLLABUS.
This slide gives information about the
MEANING OF BUSINESS ETHICS
MEANING OF ETHICAL MODEL
PERFORMANCE OF ETHICS IN BUSINESS
ADVANTAGES OF ETHICS IN BUSINESS
FACTORS INFLUENCING ETHICS
TYPES OF MODEL
THIS INCLUSIVE OF M.COM AND FOR B.COM STUDENTS
THIS TOPIC IS INCLUSIVE OF BOTH SYLLABUS.
Business Ethics is a form of Applied Ethics. It originates from individuals, organizational
statements or from the legal system. It can be said to be the attitude, culture and manner of doing
business by the business community. Decision Making: It is our means of deciding a course of action. Without it our actions would be random and aimless.
Leadership: The conscious effort to adopt, integrate, and emulate the other 11 principles to guide decisions and behavior in all aspects of professional and personal life.
Accountability: Holding yourself and others responsible for their actions. Commitment to following ethical practices and ensuring others follow ethics guidelines.
Integrity: Incorporates other principles—honesty, trustworthiness, and reliability. Someone with integrity consistently does the right thing and strives to hold themselves to a higher standard.
Respect for others: To foster ethical behavior and environments in the workplace, respecting others is a critical component. Everyone deserves dignity, privacy, equality, opportunity, compassion, and empathy.
Honesty: Truth in all matters is key to fostering an ethical climate. Partial truths, omissions, and under or overstating don't help a business improve its performance. Bad news should be communicated and received in the same manner as good news so that solutions can be developed.
1. Which of the following is a concern employees of an expanding bus.docxgasciognecaren
1. Which of the following is a concern employees of an expanding business would have?
A.)Ensure that customer requests are responded to promptly and professionally.
B.)Ensure sensitive information about specialty offerings remains undisclosed until the new location opens.
C.)Ensure that fair hiring and firing practices are incorporated at the new location.
D.)Ensure the team develops strongly in new locations.
Passage to Answer the Question
What Is Ethics?
Ethics
is simply the principles of right and wrong and the morality of the choices involved.
Now, it's also important to define what ethics is
not
. Ethics is not emotions or religion. It's not science or norms of a society, necessarily. It's also not simply following the law, because it's perfectly acceptable to follow the law yet be an unethical person.
term to know Ethics The principles of right and wrong and of the morality of the choices
1a. Business Ethics
Business ethics
is closely tied to what ethics is. It's the principles of right and wrong of the morality of the choices made in the
business
world. Essentially, what we're doing is taking the principles or the definition of ethics and applying it to business.
hint Whether you're looking at business ethics or other types of ethics, ethical people will always follow the same ethical principles
all the time
, not just when it suits them.
term to know Business Ethics The principles of right and wrong and of the morality of the choices made in the business world
1b. Managerial Ethics
Managerial ethics
is simply ethics again. It is the principles of right and wrong and of the morality of the choices made in the context of
management
.
Managerial decisions impact employee behavior. How you hire or fire, the wages that you pay, or the working conditions at your business are all ethical decisions, and they can greatly impact employee attitudes and productivity.
Managerial ethics decisions can also impact behavior toward an organization. Do you have conflicts of interest or allow them? A
conflict of interest
is simply a circumstance in which the judgment of an individual or group may be impaired because of a difference in primary or secondary interest.
Is customer information kept confidential?
Confidentiality
is simply keeping private trusted data out of the hands of the public and other people who don't need to see it.
think about it We hand our personal information, like credit card numbers, to a lot of different people online when we are shopping. What do you think it would do for a business if we suddenly found out that our information wasn't as confidential as we thought it was? That would have a big impact on that particular business.
Collusion
is an attempt by business to conspire to the detriment of customers, businesses, or the general public.
Lastly, managerial ethics decisions can also impact behavior toward economic agent.
Business Ethics is a form of Applied Ethics. It originates from individuals, organizational
statements or from the legal system. It can be said to be the attitude, culture and manner of doing
business by the business community. Decision Making: It is our means of deciding a course of action. Without it our actions would be random and aimless.
Leadership: The conscious effort to adopt, integrate, and emulate the other 11 principles to guide decisions and behavior in all aspects of professional and personal life.
Accountability: Holding yourself and others responsible for their actions. Commitment to following ethical practices and ensuring others follow ethics guidelines.
Integrity: Incorporates other principles—honesty, trustworthiness, and reliability. Someone with integrity consistently does the right thing and strives to hold themselves to a higher standard.
Respect for others: To foster ethical behavior and environments in the workplace, respecting others is a critical component. Everyone deserves dignity, privacy, equality, opportunity, compassion, and empathy.
Honesty: Truth in all matters is key to fostering an ethical climate. Partial truths, omissions, and under or overstating don't help a business improve its performance. Bad news should be communicated and received in the same manner as good news so that solutions can be developed.
1. Which of the following is a concern employees of an expanding bus.docxgasciognecaren
1. Which of the following is a concern employees of an expanding business would have?
A.)Ensure that customer requests are responded to promptly and professionally.
B.)Ensure sensitive information about specialty offerings remains undisclosed until the new location opens.
C.)Ensure that fair hiring and firing practices are incorporated at the new location.
D.)Ensure the team develops strongly in new locations.
Passage to Answer the Question
What Is Ethics?
Ethics
is simply the principles of right and wrong and the morality of the choices involved.
Now, it's also important to define what ethics is
not
. Ethics is not emotions or religion. It's not science or norms of a society, necessarily. It's also not simply following the law, because it's perfectly acceptable to follow the law yet be an unethical person.
term to know Ethics The principles of right and wrong and of the morality of the choices
1a. Business Ethics
Business ethics
is closely tied to what ethics is. It's the principles of right and wrong of the morality of the choices made in the
business
world. Essentially, what we're doing is taking the principles or the definition of ethics and applying it to business.
hint Whether you're looking at business ethics or other types of ethics, ethical people will always follow the same ethical principles
all the time
, not just when it suits them.
term to know Business Ethics The principles of right and wrong and of the morality of the choices made in the business world
1b. Managerial Ethics
Managerial ethics
is simply ethics again. It is the principles of right and wrong and of the morality of the choices made in the context of
management
.
Managerial decisions impact employee behavior. How you hire or fire, the wages that you pay, or the working conditions at your business are all ethical decisions, and they can greatly impact employee attitudes and productivity.
Managerial ethics decisions can also impact behavior toward an organization. Do you have conflicts of interest or allow them? A
conflict of interest
is simply a circumstance in which the judgment of an individual or group may be impaired because of a difference in primary or secondary interest.
Is customer information kept confidential?
Confidentiality
is simply keeping private trusted data out of the hands of the public and other people who don't need to see it.
think about it We hand our personal information, like credit card numbers, to a lot of different people online when we are shopping. What do you think it would do for a business if we suddenly found out that our information wasn't as confidential as we thought it was? That would have a big impact on that particular business.
Collusion
is an attempt by business to conspire to the detriment of customers, businesses, or the general public.
Lastly, managerial ethics decisions can also impact behavior toward economic agent.
Artificial Reefs by Kuddle Life Foundation - May 2024punit537210
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Characterization and the Kinetics of drying at the drying oven and with micro...Open Access Research Paper
The objective of this work is to contribute to valorization de Nephelium lappaceum by the characterization of kinetics of drying of seeds of Nephelium lappaceum. The seeds were dehydrated until a constant mass respectively in a drying oven and a microwawe oven. The temperatures and the powers of drying are respectively: 50, 60 and 70°C and 140, 280 and 420 W. The results show that the curves of drying of seeds of Nephelium lappaceum do not present a phase of constant kinetics. The coefficients of diffusion vary between 2.09.10-8 to 2.98. 10-8m-2/s in the interval of 50°C at 70°C and between 4.83×10-07 at 9.04×10-07 m-8/s for the powers going of 140 W with 420 W the relation between Arrhenius and a value of energy of activation of 16.49 kJ. mol-1 expressed the effect of the temperature on effective diffusivity.
"Understanding the Carbon Cycle: Processes, Human Impacts, and Strategies for...MMariSelvam4
The carbon cycle is a critical component of Earth's environmental system, governing the movement and transformation of carbon through various reservoirs, including the atmosphere, oceans, soil, and living organisms. This complex cycle involves several key processes such as photosynthesis, respiration, decomposition, and carbon sequestration, each contributing to the regulation of carbon levels on the planet.
Human activities, particularly fossil fuel combustion and deforestation, have significantly altered the natural carbon cycle, leading to increased atmospheric carbon dioxide concentrations and driving climate change. Understanding the intricacies of the carbon cycle is essential for assessing the impacts of these changes and developing effective mitigation strategies.
By studying the carbon cycle, scientists can identify carbon sources and sinks, measure carbon fluxes, and predict future trends. This knowledge is crucial for crafting policies aimed at reducing carbon emissions, enhancing carbon storage, and promoting sustainable practices. The carbon cycle's interplay with climate systems, ecosystems, and human activities underscores its importance in maintaining a stable and healthy planet.
In-depth exploration of the carbon cycle reveals the delicate balance required to sustain life and the urgent need to address anthropogenic influences. Through research, education, and policy, we can work towards restoring equilibrium in the carbon cycle and ensuring a sustainable future for generations to come.
WRI’s brand new “Food Service Playbook for Promoting Sustainable Food Choices” gives food service operators the very latest strategies for creating dining environments that empower consumers to choose sustainable, plant-rich dishes. This research builds off our first guide for food service, now with industry experience and insights from nearly 350 academic trials.
Natural farming @ Dr. Siddhartha S. Jena.pptxsidjena70
A brief about organic farming/ Natural farming/ Zero budget natural farming/ Subash Palekar Natural farming which keeps us and environment safe and healthy. Next gen Agricultural practices of chemical free farming.
Willie Nelson Net Worth: A Journey Through Music, Movies, and Business Venturesgreendigital
Willie Nelson is a name that resonates within the world of music and entertainment. Known for his unique voice, and masterful guitar skills. and an extraordinary career spanning several decades. Nelson has become a legend in the country music scene. But, his influence extends far beyond the realm of music. with ventures in acting, writing, activism, and business. This comprehensive article delves into Willie Nelson net worth. exploring the various facets of his career that have contributed to his large fortune.
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Introduction
Willie Nelson net worth is a testament to his enduring influence and success in many fields. Born on April 29, 1933, in Abbott, Texas. Nelson's journey from a humble beginning to becoming one of the most iconic figures in American music is nothing short of inspirational. His net worth, which estimated to be around $25 million as of 2024. reflects a career that is as diverse as it is prolific.
Early Life and Musical Beginnings
Humble Origins
Willie Hugh Nelson was born during the Great Depression. a time of significant economic hardship in the United States. Raised by his grandparents. Nelson found solace and inspiration in music from an early age. His grandmother taught him to play the guitar. setting the stage for what would become an illustrious career.
First Steps in Music
Nelson's initial foray into the music industry was fraught with challenges. He moved to Nashville, Tennessee, to pursue his dreams, but success did not come . Working as a songwriter, Nelson penned hits for other artists. which helped him gain a foothold in the competitive music scene. His songwriting skills contributed to his early earnings. laying the foundation for his net worth.
Rise to Stardom
Breakthrough Albums
The 1970s marked a turning point in Willie Nelson's career. His albums "Shotgun Willie" (1973), "Red Headed Stranger" (1975). and "Stardust" (1978) received critical acclaim and commercial success. These albums not only solidified his position in the country music genre. but also introduced his music to a broader audience. The success of these albums played a crucial role in boosting Willie Nelson net worth.
Iconic Songs
Willie Nelson net worth is also attributed to his extensive catalog of hit songs. Tracks like "Blue Eyes Crying in the Rain," "On the Road Again," and "Always on My Mind" have become timeless classics. These songs have not only earned Nelson large royalties but have also ensured his continued relevance in the music industry.
Acting and Film Career
Hollywood Ventures
In addition to his music career, Willie Nelson has also made a mark in Hollywood. His distinctive personality and on-screen presence have landed him roles in several films and television shows. Notable appearances include roles in "The Electric Horseman" (1979), "Honeysuckle Rose" (1980), and "Barbarosa" (1982). These acting gigs have added a significant amount to Willie Nelson net worth.
Television Appearances
Nelson's char
5. BACKGROUND
Entrepreneurial ethics is the science of how a personmentrepreneurs in
behaving in a business. Many entrepreneurs ignore the importance of ethics in
setting up a business, because they think with the abilities they have and large
capital a business is easy to set up. Even though there is no ethicsman
entrepreneur a business will not go according to plan. Because Ethics is about
values regarding truth and relating to a person's moral problems. Ethical
decisions are a thing that is judged to be true regarding standardized behavior.
Entrepreneurial ethics includes the relationship between the company and the
people who invest their money in company, with consumers, employees,
competitors and so on. A entrepreneurs are expected to act ethically in their
various activities in society
6. Formulation Of The Problem
The formulation of the problem
That will be discussed in this paper are:
What is the Ethical Foundation in
entrepreneurship?
What is the role of the ethical foundation in
entrepreneurship?
What is meant by entrepreneurship law?
What are the types of Entrepreneurial Law and
their roles
7. Purpose
The purposes of writing this paper are as follows:
1. To know the ethical foundation in entrepreneurship.
2. To know the role of the ethical foundation in
entrepreneurship.
3. To know what is meant by entrepreneurship law.
4. To find out the types of Entrepreneurial Law and
their roles
9. Understanding entrepreneurial ethics
Business ethics is broader than the provisions regulated by law, even
a higher standard than the minimum standard of legal provisions, because in
business activities we often find gray areas that are not regulated by legal
provisions. Von der Embse and R.A. Wagley in his article in the Advance
Management Journal (1988), provides three basic approaches in formulating
ethical business behavior, namely: • Utilitarian Approach: every action must be
based on its consequences. Therefore, in acting one should follow ways that can
provide the greatest benefit to society, in a way that is not harmful and at the
lowest possible cost. • Individual Rights Approach: Everyone in their actions and
behavior has basic rights that must be respected. However, such action or
behavior must be avoided if it is expected to cause a conflict with the rights of
others. • Justice Approach: decision makers have the same position, and act fairly
in providing services to customers either individually or in groups
Entrepreneurial Ethics
10. Various Regulations in Business
• Business Regulation in the Field of Brands
• Business Regulations in the Field of Consumer Protection
1. Government Regulation of the Republic of Indonesia Number 57 of 2001 dated
21 July 2001 concerning the National Consumer Protection Agency.
2. Government Regulation of the Republic of Indonesia Number 58 of 2001 dated
July 21, 2001 concerning the Guidance and Supervision of the Implementation
of Consumer Protection.
3. Government Regulation of the Republic of Indonesia Number 59 of 2001 dated
July 21, 2001 concerning Non-Governmental Organization for Consumer
Protection.
4. Decree of the President of the Republic of Indonesia Number 90 of 2001 dated
July 21, 2001 concerning the Establishment of a Consumer Dispute Settlement
Agency for the Government of Medan City, Palembang City, Central Jakarta
City, West Jakarta City, Bandung City, Semarang City, Yogyakarta City,
Surabaya City, Malang City, and Makassar City.
11. a) Preventive Protection
Protection given to consumers when the consumer is going to
buy or use or utilize certain goods and or services, begins the
process of selecting a series or number of goods and or
services and then decides to buy or use or utilize goods and
services with certain specifications and that particular
brand.
There are two types of protection provided to
consumers, namely:
Protection given to consumers as a result of the use or utilization of
certain goods or services by consumers. In this case it should be noted
that consumers are not necessarily and do not need, and should not be
equated with buyers of goods and or services, although in general
consumers are those who buy a good or service. In this case a person is
said to be a consumer, enough if that person is a user or benefit or
connoisseur of an item or service, no matter if he gets it through a
purchase or gift.
12. Regulations on Prohibition of Monopolistic
Practice
a. Maintaining the public interest and increasing the
efficiency of the national economy as an effort to improve
people's welfare.
b. Realizing a conducive business climate through the
regulation of fair business competition, thereby ensuring
the certainty of equal business opportunities for large
business actors, medium business actors, and small
business actors.
c. Prevent monopolistic practices and or unfair business
competition caused by business actors. d. The creation of
effectiveness and efficiency in business activities.
13. Prohibited activities
a) The goods and or services in question have not yet been substituted; or
causing other business actors to be unable to enter into business
competition for the same goods and or services; or
b) One business actor or a group of business actors controls more than 50%
(fifty percent) of the market share of a certain type of goods or services
Principles of entrepreneurial ethics
1. Efforts to build trust between community members and companies or
entrepreneurs building trust can start with ethical behavior.
2. Maintaining ethics is important to protect the company's reputation.
3. Honesty is a rare item and "currency" that applies everywhere dishonesty in
doing business will cause the business to not run in the long term.
4. Ethics are standards of behavior and moral values regarding right and
wrong actions that occur in the work environment.
15. Application of
Entrepreneurial Ethics
● Relationship between business and customers/customers The relationship
between a business and its customers is the most common relationship, therefore
businesses must maintain good social ethics.
● Relations with employees Managers who generally always look to advance their
business often have to deal with ethical interactions with their employees.
● Relationship between business This relationship is a relationship between one
company and another. This can happen between a company and its rivals, with its
distributors, with its wholesalers, with its retailers, sole agents and distributors
● Investor Relations Companies that are in the form of Limited Liability Companies
and especially those that will or have "go public" must maintain good and honest
information about their business to investors or potential investors. D
● Relations with Financial Institutions The relationship with financial institutions,
especially the tax service, is generally a financial relationship
16. ● Business Law (entrepreneur)
Understanding Business Law
Business Law (entrepreneur) is a legal instrument that regulates a procedure and
implementation of an affair or a trade, industry, or financial activity related to the
exchange of goods and services, production activities or an activity of placing money
carried out by business entrepreneurs with business and other businesses, where the
entrepreneur has considered all possible risks.
Purpose of Business Law (entrepreneur)
This business law has the following objectives:
• Ensuring the efficient and smooth functioning of market mechanism security
• Protect various types of businesses, especially for Small and Medium Enterprises
(SMEs)
• Help improve the financial system and banking system
• Provide protection for economic actors or business actors
• Realizing a safe and fair business for all business people.
18. Conclusion
From what we have described in the discussion above, we can draw the
following conclusions: Entrepreneurial ethics is a derivative of business
ethics which regulates the behavior (ethics) of an
entrepreneur/entrepreneur in starting, running, and developing a
business/business. guidelines for behavior in carrying out company or
business activities. Business ethics for this company, regarding the
company's ethical policies related to difficulties that may arise (may
have arisen in the past), such as conflicts of interest, relationships with
competitors and suppliers, receiving gifts, donations and so on.
19. Sugestion
Thus the paper that we made, hopefully what we describe can be additional
knowledge for all of us regarding business feasibility analysis. We realize
that what we describe in this paper is certainly not what is expected, for that
we hope for more input from our supervisors and friends
20. References
Mulyanita, A. (2021). ASPEK HUKUM KEWIRAUSAHAAN. The Juris, 5(1), 117-132. Esti, E.
A. J., & SE, M. (2022). ETIKA DAN PRINSIP WIRAUSAHA. Kewirausahaan (Peluang
Dan Tantangan E-Commerce), 17. https://accurate.id/bisnis-ukm/12-prinsip-etika-bisnis-
yang-harus-dimiliki-olehwirausahawan/ Rahim, W. (2019). Karakteristik dan Aspek
Hukum dalam Kewirausahaan. Jurnal Al-Qadau: Peradilan dan Hukum Keluarga Islam,
6(1), 111-118
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