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  • Ethics..: "Nothing Can Be Greater Than A Business, However Small It May Be

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    proloy
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    This document discusses the importance of ethics in business. It provides that ethics governs conscience more than size and includes responsibility, accountability, empathy, courage, imagination, and balanced priorities. It shows that high performance with high values is most wanted. The principles of ethics include self-interest, virtues, affiliations, legal needs, societal benefits, and more. Being unethical leads to lost trust, confidence, poor self-esteem, and lack of commitment. Ethical decision making involves purpose, persistence, pride, perspective, and patience. In conclusion, it is good to be ethical.

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    Ethics

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    This document discusses the importance of ethics in business. It provides that ethics governs conscience more than size and includes responsibility, accountability, empathy, courage, imagination, and balanced priorities. It shows that high performance with high values is most wanted. The principles of ethics include self-interest, virtues, affiliations, legal needs, societal benefits, and more. Being unethical leads to lost trust, confidence, poor self-esteem, and lack of commitment. Ethical decision making involves purpose, persistence, pride, perspective, and patience. In conclusion, it is good to be ethical.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    8 views8 pages

    Ethics..: "Nothing Can Be Greater Than A Business, However Small It May Be

    Uploaded by

    proloy
    This document discusses the importance of ethics in business. It provides that ethics governs conscience more than size and includes responsibility, accountability, empathy, courage, imagination, and balanced priorities. It shows that high performance with high values is most wanted. The principles of ethics include self-interest, virtues, affiliations, legal needs, societal benefits, and more. Being unethical leads to lost trust, confidence, poor self-esteem, and lack of commitment. Ethical decision making involves purpose, persistence, pride, perspective, and patience. In conclusion, it is good to be ethical.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 8

    ETHICS..

    NOTHING CAN BE GREATER THAN A BUSINESS, HOWEVER SMALL IT MAY BE, THAT IS GOVERNED BY CONSCIENCE

    Need Of Ethics
    Every Business has a Belief System which is as important as its Accountancy System. To be ETHICAL : having a sense of what is right and wrong. having a sense of what is fair. It is very hard to choose one between what is right and what is easy.

    Ethics includes
    Responsibility Putting things in right order Accountability Empathy Courage Imagination Balanced priorities

    Performance and values


    High

    High Performance High Performance No Values High Values Not wanted Most wanted No Performance No values Unwanted Low performance High values Wanted
    High

    Low VALUES

    COMPETENCE

    Principles Of Ethics

    Self interests Personal virtues Religious / Community affinity Governmental / Legal needs Societal benefits Universal rules Individual rights Economic efficiency Distributive justice Contributive liberty

    Cost Of Being Unethical


    UNETHICAL LOSS OF TRUST LOSS OF CONFIDENCE

    RESIGNATION

    CENSORED COMMUNICATION

    POOR SELF-ESTEEM

    DIMINISHED LOYALTY

    LACK OF COMMITMENT

    Five Ps of Ethical Decision Making


    Purpose
    Persistence

    Pride

    Perspective Patience

    SO ITS GOOD TO BE ETHICAL

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