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PRESENTED BY: Ms.

VASUDHA SHARMA (30)


Ms. PALLAVI SHRIVASTAV (29)
Mr. ROHIT TOMAR (25)
Ms. EKTA SINGH (26)
Ms. NEHA YADAV (27)
.

Ms. ASHITA FLORA (28)


CONTENTS
 INTRODUCTION

 RELATIONSHIP BETWEEN ETHICS AND SOCIAL RESPONSIBILITY

 ETHICAL PRINCIPLES AND DECISION MAKING

 FACTORS INFLUENCING ETHICS

 UNETHICAL ISSUES

 WORKPLACE DEVIANCES

 SOCIAL RESPONSIBILITIES-TYPES

 THE PYRAMID OF SOCIAL RESPOSIBILITIES

 SOCIAL RESPONSIBILITY OF MANAGEMENT IN INDIA


INTRODUCTION
OXFORD’S Definition of :
ETHICS : “The characteristics, spirit and beliefs of community,
people”
SOCIAL RESPONSIBILITY : “It implies recognition and
understanding of aspirations of society and determination to
contribute to its achievement”

Definition from MANAGEMENT point of view :


ETHICS :These are principles which govern business activities &
provide a code of conduct for the managers and others
concerned.
SOCIAL RESPONSIBILITY: It indicates a businessman’s
obligation to nurture and develop human values. Hence, it
refers to BOTH socio-economic and socio-human concerns of
business.
RELATION BETWEEN ETHICS
AND SOCIAL
RESPONSIBILITIES
Correlated and Inseparable.

• Social responsibility relates to macro ethics


decisions with broad implications for a large
segment of society.

• Over the past 10 years ethics and social


responsibilities have evolved from a Reactive to
a more Proactive approach.

• A commitment to ethical conduct lies at the heart


of CSR (corporate social responsibility)
SEVEN PRINCIPLES OF
ETHICAL DECISION MAKING

Principle of
long-term interest
Principle of
Principle of
personal virtue
distributive justice

SEVEN PRINCIPLES
Principle of Principle of
individual rights religious injunctions

Principle of
Principle of
government
utilitarian benefits
requirements
BASIC MODEL OF ETHICAL
DECISION MAKING
ETHICAL DECISION MAKING

Selecting and hiring ethical employees

Ethical training

Codes of ethics

Ethical climate
PRACTICAL STEPS TO ETHICAL
DECISION MAKING

1.Identify the problem

2.Identify the constituents

3.Diagnose the situation

4.Analyze your options

5. Make your choice

6. Act
FACTORS INFUENCING ETHICS:

SOCIAL FACTORS

ECONOMIC FACTORS

CULTURAL FACTORS

POLITICAL AND LEGAL FACTORS

CONTEMPORARY CODES

ORGANIZATIONAL FACTORS
UNETHICAL ISSUES FACED-
 BRIBING public officials to obtain undue favour.

 Using FALSE CLAIMS in Advertisements.

 Using company’s property for PERSONAL USE.

 ARTIFICIALLY inflating profits.

 NOT FOLLOWING the code of conduct as formulated


by Sectoral institutions.

 NOT PURSUING POLICIES that promise employees


good working conditions.

EG., Sexual Harassment, Verbal Abuse, Gender


inequality.
WORKPLACE DEVIANCES-
A MAJOR UNETHICAL ISSUE
Political Deviance Production Deviance
 Using favoritism.  Leaving early.
 Spreading rumors.  Taking excessively long
breaks.
 Falsely blaming others
for mistakes.  Purposely working
slower.
 Intentionally wasting
resources.
Personal Aggression
 Sexual harassment. Property Deviance
 Verbal abuse.  Sabotaging, stealing.
 Threatening co-  Damaging equipment.
workers.
SOCIAL RESPONSIBILITIES OF
MANAGEMENT
TYPES-EXTERNAL AND INTERNAL

External social responsibilities refers to as stimulating minority


entrepreneurship, improving balance of payments and training and hiring
unemployed.
Thus management owes social obligations to:

1. RESPONSIBILITY TOWARDS CUSTOMER-


 No Adulteration of goods.
 Fair Measure, No Misleading Advertising.

2. RESPONSIBILITY TOWARDS SUPPLIERS-


 Dealt Judiciously with Integrity and Courtesy.

3.RESPONSIBILITY TOWARDS GOVERNMENT-


 Management policies
 It should be laid down in provision of various legislations and guidelines.

4.RESPONSIBILITY TOWARDS SOCIETY-


 Socio economic policies.
 Improvement of local environment.
 Employment and welfare activities.
INTERNAL SOCIAL RESPONSIBILITIES:

These responsibilities are concerned with assuring due process,


justice, equity, morality in employee selection, training and
firing.

 RESPONSIBILITIES TOWARDS SHARE HOLDER


• Reasonable dividend
• Stability and growth
• Protection of asset
• Trustee of shareholders

 RESPONSIBILITIES TOWARDS EMPLOYEE


• Fair wages
• Good working conditions
• Adequate service benefits
• Cooperation
• Recognition of worker’s right
• Opportunity for growth
THE PYRAMID OF SOCIAL
RESPONSIBILITIES

Voluntary
Responsibilities
“good corporate citizen;”
contributing to the
being a
community and quality of
life
Ethical Responsibilities
being ethical; doing what is right, just,
and fair; avoiding harm

Legal Responsibilities
obeying the law

Economic Responsibilities
being profitable
SOCIAL RESPONSIBILITY OF
MANGEMENT IN INDIA
 Corporate Social Responsibility (CSR) defined as “the ethical
behavior of a company towards the society,” manifests in the
form of noble programs for-profit organizations.

 CSR has become increasingly prominent in the Indian corporate


scenario because organizations have realized that besides
growing their businesses it is also vital to build trustworthy and
sustainable relationships with the community.

 CSR is the state of the Indian society. India is one of the fastest
growing economies with it socio-economic problems like
poverty, illiteracy, lack of healthcare etc. are still ubiquitous and
the government has limited resources to tackle these
challenges. This scenario has opened up several areas for
businesses to contribute towards social development
CSR INITIATIVE BY SOME OF
THE LEADING INDIAN
COMPANIES
GlaxoSmithKline Pharmaceuticals
Primary focus - Health and healthy living of
people in tribal villages.

Reliance Industries limited


Primary focus – To restore the eye-sights of
visually challenged Indians from the
economically weaker sections of the society by
“Project Drishti”.
THANK YOU