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COMSATS Institute Of Information

Technology, Islamabad
Presented To : Dr. Faridullah

Group Members:
Sana Munir
Midhat Batool
Mohammad Faisal
Moin
Nasarullah Khan
Ethics &
Choices
 People make choices to
maximize their utility

 Behaviors

 Business Ethics

 Business Ethics and


organizational
architecture
Corporate Mission: Ethics &
Policy Setting
2. CORPORATE POLICY
1. ETHICS SETTING
 Right conduct
 Internal policy
for ethics
and good life
 Discussion on
 For Socrates Policy

 For Aristotle  Everyone do not


support ethical
policy
 In Hedonism
 Disconnection
1. Corporate Social
Responsibility

 Organizations taking responsibility


of the Society

 Widely accepted is community-


based development projects

 Definition of CSR used within an


organization can vary

 The ICI Pakistan’s commitment to


the development of the Country
and the Community, as a
CSR Example

of

DEEWAN GROUP
OF INDUSTRIES
4. Economist View of CSR

 Firm value Maximization

 Firm’s Resources
employment in each
constituency to get
improved, maintain
repute and reduce
threat.

 Absent Tax benefits


5. Corporate Policy Setting

Data collection by managers

Diversity Of Input

Legal Standards

Business Norms

Press Standards
Ethical Behavior
1. Organizational Culture & Ethical Behavior
 Ethical climate

 Factors emphasized in different ethical


climates
 Personal self-interest

 Company profit
 Operating efficiency
 Individual friendships
 Team interests
 Social responsibility
 Personal morality
 Rules and standard
procedures
 Laws and professional
codes
2. Mechanism for Encouraging
Ethical Behavior

Repeat Sales

Warranties

Third Party Monitors

Disclosure
Code of  Organizational Code
Ethics of ethics

 Controlling Incentive
problem

 Codes and programs

 Economically
valuable function
CONCLUSION
THANK U

QUESTIONS???
?