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PRESENTATION

ON
ETHICS
PRESENTED BY :
KANCHAN
ANKIT SINGHAL
MANAV GULATI
MONICA SINGHAL
WHAT IS ETHICS?
 Ethics is derieved from the Greek word
Ethos.
 Ethics is a set of rules that define right and
wrong conduct.
 Ethical rules tell us when our behavior is
acceptable and when it is disapproved and
considered to be wrong.
 Ethical rules are guides to moral behavior.
Business Ethics: What Does It Really Mean?

Business ethics (also known as Corporate ethics) is a form


Applied ethics .It examines ethical principles and moral or
ethical problems that arise in a business environment.It
applies to all aspects of business conduct and is relevant to
the conduct of individuals and business organizations as
a whole. Applied ethics is a field of ethics that deals with
ethical questions in many fields such as medical,
technical, legal and business ethics.
BUSINESS ETHICS
 IN OTHER WORDS, BUSINESS ETHICS IS
THE VALUE OF WHAT SHOULD BE
DONE AND WHAT NOT SHOULD BE
DONE FROM BUSINESS POINT OF VIEW.
ETHICAL ISSUES FOR
BUSINESS
 PRODUCT SAFETY
 ADVERTISING CONTENT
 WORKING ENVIRONMENT
 EMPLOYEE PRIVACY
 ENVIRONMENTAL ISSUES
IMPORTANCE OF BUSINESS ETHICS

 Public expects business to exhibit high levels of


ethical performance and social responsibility.
 Encouraging business firms and their employees to
behave ethically is to prevent harm to society.
 Promoting ethical behavior is to protect business
from abuse by unethical employees or unethical
competitors.
 High ethical performance also protects the
individuals who work in business.
3D OF ETHICS

 UNITARIAN VIEW OF ETHICS: BUSINESS IS A


PART OF MORAL STRUCTURE AND MORAL
ETHICS

 SEPARATISTIC VIEWS OF ETHICS: MORALITY


AND ETHICS HAS NO ROLE IN BUSINESS SOCIETY
AND LAW DEALS WITH ETHICS AND MORALITY.

 INTEGRATED VIEW OF ETHICS: ETHICAL


BEHAVIOUR AND BUSINESS SHOULDN’T BE
INTEGRATED IN A NEW ERA CALLED BUSINESS
ETHICS.
THE 3R’S OF ETHICS

 RECOGNITION:LIST OF ETHICAL
PRINCIPLES
 REASONING:ETHICS THEORIES
 RESOLUTION:DEFENSIBLE
RESOLUTIONS
BUSINESS ETHICS AS A FIELD
OF STUDY
 BUSINESS ETHICS HAS DEVELOPED INTO
A NEW FIELD OF STUDY,NOT JUST A
SUBJECT MATTER UNDER PHILOSHY,LAW
AND BUSINESS.
 IT IS THEREFORE NECESSARY TO HAVE
COMPREHENSIVE AND SYSTEMATIC
ACCOUNT OF MORALITY AND ETHICS
FOR BUSINESS MANAGERS.
BUSINESS ETHICS AS A FIELD
OF STUDY
 BUSINESS ETHICS CLARIFIES MORAL
ISSUES THAT WOULD HAVE BEEN
IGNORED AND MORAL DILEMMAS ARE
BEING MADE TO UNDERGO RIGOROUS
ETHICAL ANALYSIS,RATIONAL
ARGUMENTATION AND ULTIMATELY
RESOLUTION.
CONCLUSION

 BUSINESS ETHICS IS GAINING A LOT OF


RELEVANCE IN 21st CENTURY BUSINESSES.IT
IS CONCERNED WITH HOW THE COMPANY
RELATES TO THE OUTSIDE WORLD.
 BY ETHICALY RESOLVING PROBLEMS
CONFRONTING THE BUSINESS MANAGERS ARE
ABLE TO UNDERSTAND AND CLASSIFY THEIR
OWN MORAL BELIEFS AND BETTER EQUIPPED
TO DEVELOP A CRITICAL AND EFFECTIVE
PERSONAL MORALITY.

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