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(PSMC) BUSINESS ETHICS REPORT ON PAKISTAN STEEL MILLS CORPORATION

(PSMC) BUSINESS ETHICS REPORT ON PAKISTAN STEEL MILLS CORPORATION

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Published by: sohailpanezai on Mar 29, 2010
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05/03/2013

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PSMC
1 
Table of Contents
Executive
S
ummary «««««««««««««««.......«.... ..«. 2Acknowledgement«««««««««««..«««««...««.« «.3
 I 
ntroduction««««««««««««««««««««.«.«««.4 Background«««««««««««..
«««««...««««.«««.5
Vision Mission««««««««««««««««««««««...«6  Products«««««««««««.«««««««««...««.«
«....7
 Ethical Practices
«««««««««....««««...««««.««...9
 Health and safety
««««««««««««.«««..«««.«««....9
 Enviroment 
««««««««««««««««««.«..«.««..«..10
 Educational facilities
«««««««««««.««««««.....«......
11
nethical 
 I 
ssues
««««««««««.««.««...««.....«........
14
 R
ecruitment policies
«««««««««««««««««..««««
14
 P 
rivatisation Of 
 PSMC 
««««««««..««««««...«...«.«..
15
 
 Historical Loss Of 
 PSMC 
«««««.««««««««.««.««..«.
17
 Conclusion««««««««.««««««««««««.««««..
19
 References.
«««««.«««««««««««««««..«««.«20
 
PSMC
2 
Abstract/Executive
S
ummary
In
this paper our group has used the case study of PSMC (Pakista
n
Steel Mills Corporatio
n)
i
n
a bid to fi
n
d the ethical/u
n
ethical issues related to this busi
n
ess. Although PSMC is co
n
sidered as busi
n
ess which gives importa
n
ce to ethical issues such as respo
n
sibility to its employees,customers a
n
d e
n
viro
n
me
n
t, we have discussed some of the major issue that we thi
n
k areu
n
ethical i
n
the co
n
text of ³Busi
n
ess Ethics´ course that we are studyi
n
g. This report also showsour level of u
n
dersta
n
di
n
g a
n
d thi
n
ki
n
g at the e
n
d of each issue, where we have tried to assessthe case i
n
the light of our k 
n
owledge a
n
d academic lear 
n
i
n
g. Therefore, this report is
n
ot o
n
lydescriptive but also a good deal of thi
n
ki
n
g a
n
d reaso
n
i
n
g have bee
n
i
n
corporated to make thisreport meet the requireme
n
ts a
n
d criteria of a good report.
 
PSMC
3 
Acknowledgement
 
We, stude
n
ts of Shaheed Zulfikar Ali Bhutto
In
stitute of Scie
n
ce a
n
d Tech
n
ology, si
n
cerelytha
n
k Sir Taha Noma
n
, who taught us Busi
n
ess Ethics a
n
d for givi
n
g us a
n
opportu
n
ity to makea
n
Ethics Report o
n
Pakista
n
Steel Mills Corporatio
n
a
n
d for guidi
n
g us i
n
the report a
n
d for givi
n
g us the motivatio
n
to do it through which we were able to lear 
n
a lot a
n
d we gai
n
ed a lot of experie
n
ce. We are also tha
n
kful to Mr. Kha
n
Ma
n
ager at PSMC for givi
n
g us of his precioustime.

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