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B.E

B.E

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Published by Kiran Koganti

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Published by: Kiran Koganti on Jun 16, 2012
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06/16/2012

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Business Ethics - Basic Principles
Questions that need addressing
 –
What is Ethics and business ethics
 –
What are the stages of moral development
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Should moral standards be applied tobusiness
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When is a person morally responsible fordoing wrong
 
Business Ethics - Basic Principles
Merck Example for River blindness (1979)of medicine for animals , Ivermectin
Cost of devpt 100 million USD
Population affected 18 million by 1979
Population at risk 85 million
WHO, Govt. not willing to fund
 
Business Ethics - Basic Principles
Ethics and business seem to be a contradictionto each other
Whenever ethics conflicts with profits,businesses choose profits over ethics
Latest research indicates that businesses thatdo not so, gain in the long term?? Test casesWipro, Infosys v/s HCL, Reliance

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