ROLE OF COMPUTERS IN

MANAGEMENT INFORMATION
SYSTEMS
MEANING
 Ethics is the moral philosophy or code of
morals practiced by a person or group of
people.
 It is also known as branch of philosophy
that addresses questions about morality
that is concepts such as good and evil,
right and wrong, virtue and vice, justice
and crime.
CORPORATE ETHICS
 Business ethics also known as corporate
ethics is a form of applied ethics or
professional ethics that examine ethical
principles and moral or ethical problems
that arises in the business environment.
 It applies to all aspects of business
conduct of individuals at entire
organisations.
NATURE OF BUSINESS ETHICS

 Code of conduct
 Based on moral and social values
 Gives protection to social groups
 Provides basic framework
 Voluntary
 New concept
IMPORTANCE OF BUSINESS
ETHICS
 Stop business malpractices
 Improve customers confidence
 Survival of business
 Safeguarding consumers rights
 Protecting employees and shareholders
 Develops good relations
 Creates good image
 Consumers satisfaction
SCOPE OF BUSINESS ETHICS
 Ethics in Finance
 Ethics in Human Resource
 Ethics in Marketing
 Ethics in Production
IMPACT OF ETHICS IN FINANCE
IMPACT OF ETHICS IN HUMAN
RESOURCE
 Ability to attract employees.
 Retain highly talented individuals.
 Building and maintaining a positive
reputation within the community.
 Fostering and justice for all employees.
 It maintains equality and equity justice.
 Improve and facilitate two way
communication.
IMPACT OF ETHICS IN
MARKETING
 Marketing ethics is a area that deals with
the moral principles that behind
marketing.
 This applies to different sphere such as
product, pricing, placing, promotion and
advertising.
 Many retailers sell products that have
crossed expiry date.
 Paying vendor to carry a firm’s product
rather than of its competitor.
 Providing drugs without prescription of
doctor
 Promoting unhealthy products.
 Misleading claims in advertisements
 Concealing side effects of product or
services
 Unfair pricing
IMPACT OF