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Business ethics

The inner guiding moral principle and values people use to analyze and decide what is wrong and right. y y y y Societal Ethics Occupational Ethics Individual Ethics Organizational Ethics

Societal Ethics How members of a society deal with one another in matters involving fairness, justice, poverty & rights which extract from society s laws, customs & practices Occupational Ethics Refers to how members of a profession, trade or craft should conduct themselves when performing work related activities Example: Medical Doctors Individual Ethics Person s standards & values that determine how he or she should act in situations when his/her self interest is at stake Organizational Ethics Organizational ethics refers to practices & beliefs that guide an organization s behavior towards its stakeholders

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