You are on page 1of 16

BUSINESS

PREPARED BY:
Legaspi, Daniela Nicole
Lacibal, Ethan
TABLE OF CONTENTS

01 02 03
BUSINESS TYPES OF BUSINESS
BUSINESS ETHICS
04 05
WHY IS TYPES OF
BUSINESS ETHICS BUSINESS
IMPORTANT? ETHICS
01
BUSINESS
“Business is
as old as
human
civilization
- Fr. Floriano C. Roa
Business Ethics and
Social Responsibility
BUSINESS
❏ Business may be the undertaking of a person or a group of
person investing money, property, or skills with a primary
goal of gaining profit and rendering service to our society.

❏ Business may be also as an important activity in our society.


The business is always referred or connected with anything
that is something to do with the economy because of the
cycle of money.
❏ Business is dynamic there is constant changes depending to
the unlimited needs and wants of the society and its
development. It's an activity that is depended by everyone in
order to sustain the quality of life as a human being.
02
TYPES OF
BUSINESS
TYPES OF BUSINESS

Service Merchandising/ Production/


Business Trading/Commerce Manufacturing
Business Business
Business wherein Business that Business wherein you
you render service involves buying process or convert
for a certain fee. and selling goods raw materials into
for the consumer. finished goods or
products.
03
BUSINESS
ETHICS
BUSINESS ETHICS
BUSINESS ETHICS
is the study of what is the right and wrong human behavior and
conduct in business.

BUSINESS ETHICS
is a study of perceptions of people about morality, moral norms,
moral rules, and ethical principles as they apply to peoples and
institutions in business.
BUSINESS ETHICS
is the study, evaluation, analysis and questioning of ethical
standards, policies, moral norms, and ethical theories that
decision makers use in resolving moral issues and ethical
dilemmas affecting business.
04
WHY IS
BUSINESS
ETHICS
IMPORTANT?
WHY IS BUSINESS ETHICS
IMPORTANT?
Brand recognition Increased Increased trust
and growth ability to in products and
negotiate services

Customer Attracts talent Attracts


retention and investors
growth
05
TYPES OF
BUSINESS
ETHICS
TYPES OF BUSINESS ETHICS
There are several theories regarding business ethics,
and many different types can be found, but what
makes a business stand out are its:

1. corporate social responsibility practice


2. transparency and trustworthiness
3. technological practices
4. fairness
TYPES OF BUSINESS ETHICS
1. Corporate Social Responsibility
Corporate social responsibility (CSR) is the concept of meeting
the needs of stakeholders while accounting for the impact
meeting those needs has on employees, the environment, society,
and the community in which the business operates.

2. Transparency and Trustworthiness


It's essential for companies to ensure they are reporting their
financial performance in a way that is transparent. This not only
applies to required financial reports but all reports in general.
TYPES OF BUSINESS ETHICS
3. Technological Practices
The growing use of technology of all forms in business operations
inherently comes with a need for a business to ensure the
technology and information it gathers is being used ethically.

4. Fairness
A workplace should be inclusive, diverse, and fair for all
employees regardless of race, religion, beliefs, age, or identity. A
fair work environment is where everyone can grow, be promoted,
and become successful in their own way.
THANK
YOU FOR
LISTENING!

You might also like