BECG PRESENTATION

"IMPORTANT RELIGIOUS TENETS AND THEIR IMPLICATIONS FOR SOCIAL AND SPIRITUAL
ENHANCEMENT IN CONTEXT OF BUSINESS ETHICS"

"MORAL AND VALUES – IMPORTANCE AND NEED OF ETHICS IN BUSINESS"

PRESENTED BY- "TEAM BHISMA"

VISHAL NAIDU                                                                           KHUSHI PATEL

LAKSHYA ACHARYA                                                                 PRIYANSHI PACHAURI
SHASHANK PANDEY
INTRODUCTION

• A tenet is a principle or belief

honored by a person or, more often,
a group of people. 

• The word evolved from the Latin

"tenere" meaning to hold.

•  The noun tenet is an opinion or

doctrine one holds. It usually refers
to a philosophy or a religion
 • TRANSPARENCY     
• LAWFULNESS                                                
• LOYALTY
• REPUTATION UPHOLDING                         
• TRUSTWORTHINESS
MAJOR • ACCOUNTABILITY                                       
BUSINESS • INTEGRITY
ETHICS • RESPONSIBILITY
• EXCELLENCE
• RESPECT
• COMPASSION
• EQUALITY
 • "You have a right to perform your prescribed duties,
BHAGVAD but you are not entitled to the fruits of your actions.
GEETA Never consider yourself to be the cause of the results
TENET of your activities, nor be attached to inaction."
-Chapter 2, Verse 47
IMPLICATION 1. ACCOUNTABILITY
IN BUSINESS 2. RESPONSIBILITY
ETHICS 3. EXCELLENCE
 • Apple Inc. Is driven by drive to  excel in whatever they
do.

• Apple has code of conduct which makes

company's employees accountable for raw
APPLE material sourcing and information disclosure

• Apple Inc. Has code of conduct which makes it

responsible for employee training as well as to
ensure equality in wages and benefits.
 • “And O my people, Give full measure and weight in
justice and reduce not the things that are due to the
QURAN TENET people, and do not commit mischief in the land,
causing corruption.(Hud, part 12, verse,85.)
IMPLICATION 1. LAWFULNESS
IN BUSINESS 2. TRANSPARENCY
ETHICS 3. LOYALTY
 • "A good name is to be chosen rather than great riches
BIBLE TENET and favor is better than silver or gold"
Proverbs 22:1
 1. REPUTATION UPHOLDING
IMPLICATION 2. TRUSTWORTHINESS
IN BUSINESS
3. INTEGRITY
ETHICS
GURU GRANTH •  All beings and creatures are His; He belongs to
SAHIB TENET all. (Guru Granth Sahib 425)
IMPLICATION 1. EQUALITY
IN BUSINESS 2. COMPASSION
ETHICS 3. RESPECT
 MORALS AND VALUES
IMPORTANCE AND NEED
OF ETHICS IN BUSINESS
 Values include a deep-rooted system
of beliefs that guide a person’s
decisions.

MORALS ,
Morals are the system of beliefs that
VALUES AND emerge out of core values.
ETHICS

Ethics determine what behaviors are

"right" or "wrong." Ethics dictate
what practical behaviors are allowed
 • GOOD WILL OF COMPANY

IMPORTANCE • EXISTENCE IN SOCIETY

OF ETHICS IN • COST IS INTANGIBLE
BUSINESS • PRIDE TO BE BEST COMPANY 
• TRUST OF EMPLOYESS
 CONTROL BUSINESS MALPRACTICES

CREATES AN ORGANISATION THAT

OPERATES CONSISTENTLY
IMPORTANCE
OF ETHICS IMPROVES CUSTOMER SATISFACTION
IN
BUSINESS INCREASE PROFITABILITY

PROTECT ORGANISATION FROM LEGAL

ACTIONS
NEED FOR ETHICS
IN BUSINESS
• SURVIVAL OF THE BUSINESS UNIT
• GROWTH OF BUSINESS UNIT
• CREATES GOOD IMAGE
• IMPROVING THE CONFIDENCE
• MAINTAINING INTER-
RELATIONSHIP
• SOLVING SOCIAL PROBLEMS
• SAFEGUARDING CONSUMER'S
RIGHT
 • The Note 7 from Samsung, was recalled twice after
encountering flaming due to battery’s malfunction. The
complete recall was announced in October 2016, and
SAMSUNG the investigation result was announced in January
NOTE 7 2017, clarified reasons for the incidences.

RECALL
• Samsung stepped into its responsibility quickly and
regained trust from the market in 2017 with a 2%
increase in market share in handheld phone division
 • ALL RELIGIOUS TENETS  INCULCATE VARIOUS
BUSINESS ETHICS WHICH ARE VITAL FOR THE 
PROSPERITY OF THE BUSINESS.

• IN LONG RUN, BUSINESSES
CONCLUSION WITHOUT ETHICS HAVE FATAL RESULTS AND
VISE VERSA

• A COMPANY'S ETHICS WILL DETERMINE ITS

REPUTATION
 • https://analyticssteps.com/blogs/12-types-business-ethi
cs
• https://www.holy-bhagavad-gita.org/chapter/2/verse/47
REFERENCES-
• https://hrmars.com/papers_submitted/8820/islamic-per
ception-of-business-ethics-and-the-impact-of-secular-t
houghts-on-islamic-business-ethics.pdf
• https://www.biblestudytools.com/topical-verses/bible-v
erses-about-ethics/
• https://accountlearning.com/need-for-business-ethics/
THANK YOU
QUESTIONS