BUSINESS ETHICS AND - Storage of goods to inflate prices is
SOCIAL RESPONSIBILITIES prohibited
LM 7-2
Filipino Value System Affects the
Attitudes of Business Constituents
Islam:
Ethics of the Quran
• Business Ethics for Muslims Prophet
Muhammad emphasized that treating
consumers fairly and honestly is the key to
business success. The Prophet spoke
frequently on topics related to business and
economics and covered virtually everything.
• These are just some of the basic teachings
of Islam regarding fair trade.
- The Prophet is said to have said:
"There should be no cheating or cheating."
For example, there should be no cheating
when selling.
- When selling products, sellers should
avoid excessive abuse. According to the
Prophet, they should beware of making
excessive vows during sales. Even if it is on
the market, it reduces wealth.
- Mutual consent is mandatory. According
to legend, the Prophet declared:
Mutual departure of both parties completes
the transaction.  They always ensure that what they get from
You are facing the same problems that
ravaged several countries before you.
- Monopolies were forbidden by the
Prophet. Whoever monopolizes is guilty.
- In a free enterprise system, goods should
not be priced unless there is an urgent or
urgent need.
Hinduism:
Nonviolence
• Ahimsa (non-violence), detachment
(giving up the fruits of one's actions),
honesty, renunciation of stealing, self-
control, discipline, appropriate words and
thoughts, and willingness to achieve goals
are among the Hindu ethical principles. Part
of it. . Since one of the main tenets of
Hinduism and the Gita is karma (activity),
one has the right to carry out one's karma
without considering the consequences.
• Recognize the need to be considerate,
respectful and humane
Our employees and customers around the
world are consistently committed to India's
interests.
• Excellence is the constant pursuit of the
highest standards in our day-to-day
operations and the quality of the products
and services we offer.
• Unit:
Collaborate effectively with colleagues
across the organization as well as customers
and partners around the world to form
strong bonds based on acceptance,
understanding and mutual support.
• Responsibilities:
Remain responsible, considerate of other
countries,
people is given back over and over to the
people in the communities and
environments in which they work.