Business Ethics

SYBTech Production 2015-16

Revant Buch

What is Business Ethics?

Business ethics (also corporate
ethics) is a form of applied ethics or
professional ethics that examines
ethical principles and moral or ethical
problems that arise in a business
environment. It applies to all aspects
of business conduct and is relevant
to the conduct of individuals and
entire organizations.

 Acting in an ethical way involves

distinguishing between right and
wrong and then making the right
choice. It is relatively easy to identify
unethical business practices. For
example, companies should not use child
labour. They should not unlawfully use
copyrighted materials and processes.
They should not engage in bribery.

 However, it is not always easy to

create similar hard-and-fast
definitions of good ethical practice.
Keeping in mind the interest of
stakeholders and performing ethical
behavior and code of conduct.

Why Maggi Banned?

FSSAI hit hard at Nestle saying 30 of
the 72 samples tested positive for
dangerously high levels of lead

 The FSSAI said that barring the fact that the company
has been manufacturing and selling Maggi for the last
30 years, its other claims of having in place "strict
food safety and quality control at all Maggi factories...''
is "incorrect and denied.'' The authority then added, "If
for the sake of arguments it is presumed that all the
safety claims regarding its manufacturing activities
and processes are true, then the wide spread presence
of lead, a known poison in its products can only be
presumed to be intentional because it is impossible
that such high levels of lead can escape the scrutiny of
a reasonably well equipped laboratory,''

3 Reasons:
The main infringement that testing
demonstrates various cases where
the lead content in Maggi noodles is
higher than the allowable limit of 2.5
parts for each million.
In one case, the Kolkata lab report
shows lead content at 17.2 parts for
every million.

 The second infringement has to do with

mislabeling. The FSSAI has taken exemption to
the fact that the label of the product
particularly says no added MSG, while the
item is found to contain mono-sodium
glutamate.
The third infringement, is the very existence of
Maggi oats masala noodles with tastemaker.
This product did not experience the essential
danger and safety assessment; and approval
process before being launched, FSSAI said.

Dominant Principles of BE