BUSINESS ETHICS

Presented By
Sandip Jayan Vasudev
1 MBA ‘ B’
 INTRODUCTION……………..


 “Business ethics is a form of applied
ethics that examines ethical principles and
moral or ethical problems that arise in a
business environment. “
 SCOPE……………..
 Applicable to all aspects of business
conduct.

 Business ethics is both a normative and
descriptive discipline.
 ISSUES IN BUSINESS
ETHICS…..
 Overlaps with the philosophy of business.

 Political contributions made by corporations.

 Law reforms.
INTERNATIONAL BUSINESS
ETHICS
 The search for universal values.

 Varying global standards.


 Dumping seen as a competitive threat by

countries.
THEORETICAL ISSUES IN
ETHICS….
 Can be examined from various perspectives.

 Conflict management.

 ETHICAL ISSUES…………
 Purpose of ethics in organizations
questioned.

 Companies comply with multiple legal or
cultural standards.


 Application of Gresham’s law of ethics.

A GOOD ETHICAL
POLICY……
 Explained orally as well as written.


 Easy to understand and perform.


 Monitored by top management.


 Clearly stated consequences.




 ETHICAL OFFICERS……….
 Formally appointed since the mid 1980’s.

 To inspect fraud, corruption and abuse
scandals.

 Dispute over their effectiveness.

 Support from management is required.
MANAGING ETHICS IN WORK
PLACE
 Attention to ethics has improved society.

 Maintains a moral course in turbulent times.

 Cultivates strong team-work and
productivity.

 Supports employee growth and meaning.
 CONTINUED………………….
 Helps ensure that policies are legal.

 Detection of issues and violations.

 Quality management and Strategic
planning.
 CONCLUSION……………….
 Decrease in organizations practising ethics.

 World economy currently in crisis.

 Essential to establish trust of people.
 SOURCE………………….
 ETHICAL CHOICES IN BUSINESS- By R.C
Sekhar


 BUSINESS ETHICS- CONCEPTS, CRISIS AND

SOLUTIONS- BY Shyam L Kaushal

 www. wikipedia.com
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THANK YOU!!!