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BUSINESS ETHICS

PG
UNIT 3

FARHEEN BELGAUMWALA | August 2022


UNIT 3: IMPACT OF LAPSES IN
ETHICAL BEHAVIOUR
 FACTORS ENABLING DECIDING THE ‘RIGHT THING TO DO’
 ETHICS AT THE CORE
 FUNDAMENTAL PRINCIPLES & DIFFERENT APPROACHES TO ETHICS
ETHICAL DECISION-MAKING MODELS REVIEW
FACTORS INFLUENCING BUSINESS
ETHICS:
♦ Personal Code of Ethics
♦ Legislation
♦ Government Rules & Regulations
♦ Ethical Code of the Company
♦ Social Pressure
♦ Ethical Climate of the Industry
FACTORS INFLUENCING ETHICAL
DECISION MAKING:
INDIVIDUAL FACTORS SITUATIONAL FACTORS

♦ Degree of Autonomy ♦ Level of Influence


♦ Knowledge/Skills ♦ Causality of Nearness
♦ Degree of Conscience ♦ Impact you can have
♦ Role could make you deviate
LESSONS FROM RESEARCH ON WHY AND WHEN PEOPLE
MIGHT ENGAGE IN UNETHICAL CONDUCT IN BUSINESS.

Why Do Good People Do Bad Things in Business?


Lessons from Research for Responsible Business
Managers
STEPS OF THE ETHICAL DECISION-MAKING
PROCESS:
THE ARMY-BAYLOR 7-STEP METHOD
ARMY-BAYLOR 7 STEP METHOD FOR MODIFIED FOR ORGANIZATIONAL DECSION
CLINICAL-ETHICAL DECISION MAKING: MAKING:
THE ETHICAL DECISION-MAKING
PROCESS:
Drag & Drop or Insert Your Picture
WATCH:
..\Introduction to Ethical Appro
aches 16min.mp4
RECOMMENDED:

https://www.coursera.org/learn/responsible-management
KEY TAKEAWAYS
♦ Decision Making Models
♦ Factors Influencing Ethics
♦ Factors Influencing Decision Making
♦ Steps of Ethical Decision Making
♦ Lessonsfrom Research
♦ 6 Approaches to Business Ethics
THANK YOU

For relevant papers: READ folder

Before next session: REFLECT

Any questions: Email

Next Session: Unit 3- IMPACT OF LAPSES IN


ETHICAL BEHAVIOUR

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