Business Ethics

Business Ethics
• What is Business Ethics?
• Is it different from being responsible?
• What is Social Compliance?

• Should an organization declare its social commitment?

Business Ethics
• Ethics at employee level
• Ethics at organization level
Business Ethics
• Responsibilities to Customers
• Is explaining the dangers enough?
• Responsibilities to Employees
• Responsibilities to Society
• Responsibilities to Share holders
Ethical Challenges
• Conflict of interest
• Integrity
• Loyalty vs. truth
• Whistle blowing
How to shape Ethical Conduct
• Create awareness
• Educate
• Ethical leadership
Ethical Dilemma
• It's midway through the spring semester, and you are taking a math
test. You've been struggling all semester in this class, and you know
that this test will form a big part of your grade. You feel like you are
doing quite well on the test until you come to the last problem. It is
worth 20 points and you just can't remember how to solve it. As it
happens, the class math expert is sitting right in front of you and you
can see he's just finished it. You are close enough to see how he
solved it, and you know that no teacher can see you if you cheat.  
• What do you do?
http://www.goodcharacter.com/dilemma/archive.html
Ethical Dilemma
• You're a business manager with an employment contract. The
contract requires you to work solely for your employer and use your
talents to attract new clients to the business. If you begin attracting
more clients than you believe your employer can reasonably handle,
you may wonder if there would be an ethical issue with your diverting
that excess business elsewhere and taking the commission.

http://smallbusiness.chron.com/examples-ethical-issues-business-24464.html
Ethical Dilemma
• You're a partner in a business and see a great deal of profitability on
the horizon. You don't believe that your partner deserves to profit
from the business' future success, because you don't like his
personality. You may wonder if you could simply take his name off the
bank accounts, change the locks and continue without him.
http://smallbusiness.chron.com/examples-ethical-issues-business-24464.html

• Insider trading