ETHICS

PRESENTED BY :
GROUP: WE SHOWED UP:-

PRESENTED TO :
MA’AM SUMRA PEERAN:-
 GROUP MEMBERS :-

NAMES :- ID’S:-

 SUNDUS TEHREEM 10819

 USAMA KHAN 10828
 ISRA TARIQ 10826

 MUHAMMAD ALI 108

 ETHICS:
WHAT DOSE IT REALLY MEAN?

• Derived from Greek word “Ethicos” meaning character or manner.

• Science of character of a person expressed as right or wrong conduct or

action.

• Set of moral principle prescribing code, explain what is good and right, or
bad and wrong.
 MEAINING OF ETHICS

Decided by Conduct Leads to Taken together

good or
Character series of bad,
of a man of a
action Considered As right or
person
wrong
moral or
immoral
By
which
we can
Known as moral
judge
judgement
again

Moral
standards requires
 OBJECTIVE OF ETHICS

• Studies human behaviour and makes evaluative

assessment about them as or immoral

• Establishes moral standards and norms of behaviour

• Make judgment upon human behaviour based on

these standards and norms

• Prescribes moral behaviour and makes

recommendations about to or how not to behave

• Expresses an opinion or attitude about human

conduct in general
 BUSINESS ETHICS:

WHAT DOES IT REALLY MEAN?

•Comprises principles and standards that guide behaviour

in the world of business

• According to John Donaldson:

•” Business ethics can be described as the systematic

study of moral ethical matter pertaining to business,
industry or related activities , institutions , or practices
and beliefs . It is the systematic handing of value in
business and industry”
VIEWS ON RELATIONSHIP BETWEEN BUSSINESS & ETHICS

Unitarian view:

Business & morality cannot be separated and it

must play by the rules of ethics of the community

Moral Moral
Business
structure Ethics
 SEPARATIST VIEW OF ETHICS
•Proposed by Adam Smith and Milton
Friedman:
Business is a distinct entity and dose not
include ethics and morality

Business Ethics
 BUSINESS ETHICS

When business people speak about business ethics they usually mean
one of three things:

1. avoid breaking the criminal law in one's work related activity

2. Avoid action that may result in civil law suits against the company

3. Avoid action that are bad for the company image

Businesses are especially concerned with these three thing since they
involve loss of money and company reputation
 COMMON UNETHICAL ACTS....

• lying and withholding needed information

•Abusive or intimidating behaviour

•Misreporting time worked

•Discrimination and sexual harassment

•Stealing

•Breaking environmental and safely laws

•Falsifying records

•Drug or alcohol abuse

WHY MISCONDUCT IS NOT REPORTED

•Belief that nothing will be done

•Fear of retaliation

•Fear of being viewed as a troublemaker

WHY ETHICAL BEHAVIOR IS IMPORTANT
?

•Business is a subsystem of society

•Empower all stakeholders concerned

•Reduction in cost of friction with social

environment

•Important for organization leaders

because they influence the ethical climate
for rest
 SOURCES OF ETHICAL NORMS

Family The individual conscience Regions of

country

Fellow employers
friends profession
workers
culture

The Society at
law large

Religious
beliefs
THANKYOU
Q&A