ETHICAL PRACTICES

TEAM MEMBERS

21MBR078 – PRANESH KUMAR B

21MBR065 – MATHAN PRASATH R

Past experience with Ethical dilemma

Government employee: RAMA N

Designation: Chief Executive Officer

Private employee: DIVYA A

Designation: TCS employee (Software Developer)

Entrepreneur: AMBANI G

Designation: AG Photography

Government employees

Decisions relating to the lives of citizens, for example, about taxes, survival and the
dismissal of people. In government offices, corruption is major issue. In government offices,
another major ethical dilemmas is the secret conduct of public business. This is especially so
because confidentiality can provide an opportunity to cover up unethical behaviour. Public officials
have great responsibility to implement key public policies. Respect and obedience to the principle
of legitimacy is an important requirement to exercise authority. Law establishes the minimum
standard for ethics. Unprincipled conduct clearly leads to violation of law. Thus for enforcement,
law should be priority in case of dilemma. The government openness to its citizens is major issue
in political economy.

Private Employees 1)Unethical

Leadership.

2)Toxic Workplace Culture.

3)Unrealistic and Conflicting Goals.

Entrepreneurs

Sometimes business owners have to choose between keeping costs down to survive and
supporting other businesses. This is a difficult choice to make and one with significant impact on
different people. It helps to find alternative ways to do your part in helping other businesses.

Compromising on product quality is usually the first place business owners go to make a few extra
bucks. Cheaper cost of goods sold looks great on a spreadsheet, but the reality of the situation is
your customers will notice. Walking away from toxic clients can be a common ethical dilemma.
It's hard to know what the right thing to do is if they are bringing good income into your company
and there are contracts signed.

Ethical policies :

Government employees

1)Employees shall put forth honest effort in the performance of their duties.

2)Employees shall make no unauthorized commitments or promises of any kind purporting to bind
the Government.

3)Employees shall not use public office for private gain.

4)Employees shall act impartially and not give preferential treatment to any private organization
or individual.

5) Employees shall protect and conserve Federal property and shall not use it for other than
authorized activities. Private employees

In private sector ethics standards are shaped to respond to that consumer requirement. In
order to make it effective, the private sector develops a list of obligations to adhere to human rights
standards, and the beginning of what would become the Corporate Responsibility or Corporate
Social Responsibility (CSR) movement. Corporate social responsibility is the commitment of
businesses to behave morally and to contribute to sustainable economic development by working
with all relevant stakeholders to enhance their lives in ways that are favorable for business, the
sustainable development agenda, and society as a whole.

Entrepreneurs

1)Accidental” Copyright Infringement.

2)Tax Accounting and Commingling of Expenses.

3)Maintaining Control Over Employee Behavior.

4)Merging Personal and Business Accounts.

Ethical environment

The environment is everything we depend on. Whether it be the trees that give us oxygen,
the land we live upon and the rivers that provide us with water. The environment is crucial for the
society and businesses together. We all have a responsibility to conserve and protect the
environment. And whether it be governments, businesses, consumers, workers or other members
of society, each much contribute to stop the environment from polluting further.

Governments must initiate programs to ban the use of hazardous products such as plastic
carry bags. Consumers, workers and society can support environmental protection by not using
these hazardous products or other products that are not environmental friendly.