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A system of thoughts, feelings, and actions that is shared by a group and that gives the members an object of devotion; a code of behavior by which individuals may judge the personal and social consequences of their actions; and a frame of reference by which individuals may relate to their group and their universe.



Group Name: Rhythms
Presented by: Efstratia Valsamaki Daniela Meyer Chris Vecsey Jonathan Lefevre Nguyen Duy Dung

Background Christianity 

Protestant / Catholic Orthodox

Islam Confucius Conclusion

Background Shared beliefs and rituals concerned with the realm of the sacred Ethical systems Moral principles or values used to guide and shape behavior Shapes attitudes toward work and entrepreneurship and can affect the cost of doing business 5 .

World¶s Religions Christian 20% 43% 18% Islam Hindu Buddhist Confucian Other/Nonreligious 4% 5% 10% 6 .

C.C 500 B. 600 B. 7 Buddism Confusianism Christianity Islam .World's Religions Exi Hi ism si 2000 B.C. C 600 A.C.

Little emphasis on entrepreneurial behaviour. No payment or receipt of interest. 8 Islam   Hinduism     Buddhism Confucianism . Asceticism may have an impact.Religion & Implications Christianity  ³´Protestant Work Ethic´ and ³The Spirit of Capitalism´´. Favours market-based systems. Loyalty. and honesty in dealings. reciprocal obligations. Caste system plays a role.

Principles of Christianity Universal religion Existence lasts nearly two milleniums Concept of monotheism Its founder is called ³Jesus Christ´ The Holy Book is the bible 9 .

Christianity & Business Ethics Definition of Business Ethics: The study and examination of moral and social responsibility in relation to business practices and decision-making in business. 10 .

Christianity in Business Behaviour ³The Spirit of Capitalism´ a term describing ³European practises´ in the economy ³Protestant Work Ethics´ «a theory that came up with the question of the importance of ethics in business life 11 .

Ethic Issues in International Business Group orientation False information Dealing with competitors Gender equality Attitudes to unions and environment Corruption and bribes 12 .

A Fundamental Issue in Ethics Who is it that makes the rules God? or Man? 13 .

Man Makes the Rules We are left to ourselves to figure out if there is in fact a right and a wrong. 14 .God Makes the Rules There is a source for what is morally right that is beyond ourselves. if so. and how to determine that one persons values are better then another. what is right and what is wrong. and that standard is absolute and universal.

God & Religion Determine Our Rules Children are taught the difference between right and wrong through influential role models who in turn abide by the bible and the Ten Commandments 15 .

and are most influenced through cultural roots. 16 . Those behaviors and beliefs that are thought to please others are repeated. and become an intricate part of who we are. background. personal experiences and laws. family. religion.We Determine Our Own Rules Each child learns to value behaviors that are believed to be held in high regard by others around him or her.

that society has moved from a Christian base. 17 . which asserts that there is no truth. which held that there is a source of ultimate truth. it is believed by many. only the power to put forth one's values.Christianity & Business Ethics in US In the United States. If this is the case then US business ethics are definitely dictated by the general societies perception of right and wrong rather then only what is taught through the ten commandments. to postmodernism.

Honour thy father and thy mother. Have a compelling desire to improve and to win in the marketplace. or any likeness of any thing that is in heaven above. Thou shalt not covet thy neighbour's house. Always do the right thing. Thou shalt not kill. and treat them as you would want to be treated. Thou shalt not commit adultery. 18 . Thou shalt not bear false witness against thy neighbour. to keep it holy. Respect your P&G colleagues. P&G Core Ethical Values Treat the Company¶s assets as you would treat your own. Remember the sabbath day. We have a clear vision of where we are going. Thou shalt not take the name of the lord thy God in vain. Thou shalt not steal. nor any thing that is thy neighbour's. Be honest and straightforward with each other. nor his wife. Operate within the letter and spirit of the law. Focus your resources to achieve leadership objectives and strategies. Behave with the Company¶s long-term success in mind. customers. Thou shalt not make unto thee any graven image.Are the Commandments Apparent in PG Ethical Values? The Ten Commandments Thou shalt have no other gods before me. and consumers.

Orthodoxy uses science and philosophy to defend and explain its Faith. A canon is a "rule" or "guide" for governing The Church There are many other differences. the Orthodox Church does not think of canons as laws. 19 . The Latins teach that the visible head of the Church is the Pope. whether profound or not. do not apply to the contemporary religious situation. The Orthodox Church teaches that all bishops are equal. Unlike Roman Catholicism. it is noteworthy that many of these differences. Unlike the Latins.What Are the Differences Between Orthodoxy and Roman Catholicism? Following the Holy Fathers. it does not build on the results of philosophy and science. Also. often the product of culture.

Serbia.Religions of Eastern Europe Orthodox Christians Greece. Bosnia Macedonia Muslim Albania 70% 20 . Russia. Bulgaria. Romania Ukraine.

Early Christian Fathers saw in ancient Greek thought elements or germs of divine revelation. is the most important. or Pascha. however. The Cappadocian fathers in particular and the Alexandrian and several Antiochian theologians formulated the attitude of Orthodox Christianity toward the ancient Greek heritage. 21 . and of these Easter. There are.The Orthodox Church The Church Calendar begins on September 1st and ends on August 31st. The Church venerates at least one saint or sacred event in the life of the Church every day of the year. several major feast days observed annually.

The Major Feastdays of Orthodoxy Exaltation of the Holy Cross Christmas (Nativity of Jesus Christ) Epiphany (Baptism of Christ) Annunciation (Evangelismos) EASTER (Pascha) Ascension Pentecost Transfiguration of Christ Dormition of the Theotokos (Kimissis) September 14 December 25 January 6 March 25 (Varies from year to year) (40 Days after Easter) (50 Days before Easter) August 6 August 15 22 .

Benefits in Business The important feasts Blessing when setting up a new company Name days Pentecost & big week Fasting 23 .

Islam The prophet is Mohammed Mohammed was a very respected business man ³Al-amin´ Backdrop to Islam is the desert Reactionnist and tribe oriented 24 .

no distinction between moral and Islamic law Sharia¶h works through 4 channels:     Qu¶ran Sunnah Islamic law Individual conscience No intermediaries Halal / Haram 25 .Islam Precepts Sharia¶h.

Basic Islamic Economics Elimination of interest meant to stimulate growth and development Investment should be made on Halal Labor primes capital 26 .

Islam in Business Ethics of Business according to Bismillahir Rahmanir Rahiim:       Our customer Our Suppliers and Distributors Our Employees Our Competitors Our Stockholders Our Community 27 .

28 . tobacco. arms.Islam in Business Waste must be diminished Must only deal in Halal products Business is governed by Sharia¶h Money based interest is illegal Alcohol. pork and gambling forbade in business.

Islam in Banking Many Muslims don¶t put money in banks More banks issue Sukuk market products Moved from Arab world to HSBC and further institutions 2004 1st Islamic bank in UK (scholar committee looks over) 29 .

Islam in Banking ³The lender-borrower link is replaced by equity risk-sharing between a capital provider and an entrepreneur´ (The Role of Islamic Bank By Said Zafar) 30 .

China (now Shandong province) Death: 479 B. scholar and minor political figure. Birthplace: Lu.C. Best Known As: Chinese sage Also Known As: Kong Fu-Zi Confucius was a teacher. Confucius ideal: Pragmatic philosophy for daily life A utilitarian approach to social harmony and the moral obligations between individuals and social systems. Philosopher Born: 551 B.History Confucius.Confucius .C. 31 .

ethical and moral. Singapore. and China of course Mainly on harmony. economic and socio-political aspects 32 . peace.Confucius in Culture Life The most influential intellectual tradition in East Asia in Japan. Korea. spiritual and religious. hierarchy and statue-quo.

etc. the highest Confucian virtue Hsiao: love within the family: love of parents for their children and of children for their parents Chung: loyalty to the state. propriety. etiquette. humaneness towards others. Yi: righteousness Xin: honesty and trustworthiness Jen: benevolence.Believes Li: includes ritual. 33 . etc.

Desires ³The fundamental concern of the Confucian tradition is learning to be human´    Manage the household Govern the state Pacify the world 34 .

and village life especially 35 .Four Classics Jen (ruhn). influential in the folk/Confucian tradition of the family. Chun-tzu (juhn-dyuh). Li (lee) and Wen alike are ethical/motivational topics. government bureaucracy.

steadfastness. humaneness and human-heartedness. and a magnanimity of heart which pursues a mission. seeks to answer. humane person A chun-tzu person: Aims to live by the highest of ethical standards. cultivated.   Benevolence. the question "What can I do to accommodate others?" 36 Chun-tzu (Juhn-dyuh)   . Diligence.Four Classic Jen (Ruhn). that of redeeming the world through human effort in public display The mature. by action and attitude.

The family. all describe Li. mores. and the concept of the golden mean. still the single most important social institution in imparting ways of learning to be human 37 . ceremony)   Manners .an order to behavior and family relations. honoring elders.Four Classics Li (Lee-ritual.

Father-son Ruler-minister Husband-wife Old-young. and Friend-friend 38 .Four Classics Filial piety   Relations encompassing not only children to their parents but generations to each other Li further expresses itself through the five relationships.

What we can see today? Co-operation and loyalty among Chinese people Stable political life in Singapore Loyal customers in Japan Faithfulness of Korean people to the government 39 .

and by liberal things doth he stand´ (Isaiah ± Israelite Prophet) 40 .Conclusion ³The liberal man devises liberal things.