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Business Ethics

Business Ethics

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Published by Ajeet Singh

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Published by: Ajeet Singh on Feb 07, 2012
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02/07/2012

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Business Ethics : Relationship Between Law and Moral Standards

Presented by :AJEET SINGH IBS RANCHI

• Rules refers to the Collective moral judgements made by members of the society to guide individual behaviour or action. • Law refers to set of rules established to govern the individual behaviour within society. .Law :Definition • Law and Rule carry Different Meanings.

Characteristics of Law • • • • • Consistent Universal Published Accepted Enforced .

• Law aim at producing a desired human behavior and focus on behavior that is required by the society. . • They focus on what ought to be done and what ought not to be done by an individual or group in a given situation.Relationship between Law and Moral Standards • Moral Standards deal with desired right and wrong human behaviour.

Eg :Helping Accident victims .• Laws and Moral Standard overlap to a certain extent .Eg : Bank Robbery • The Law does not always represent collective moral judgments.Traffic rules • The requirement of Law tend to be negative while moral Standards tend to be positive.Eg :Charity.

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