Business ethics

Presented by Loo Hui San DLMG3

 Business ethics
DEFINITION
Business ethics is a practice that determines
what is right, wrong, and appropriate in the
workplace. Business ethics is often guided by
laws, and these principles keep companies and
individuals from engaging in illegal activity
such as insider trading, discrimination and
bribery
 Importance of Business ethics

 Avoid legal and regulatory problems.

Maintain a positive reputation, both with the
public and employees.
To attract and keep talented individuals
Better Relation with Employees
Improves Customer Satisfaction
Better Decision Making
Protection of Society

YOUR CATCHY
HEADLINE HERE
  Workplace discrimination
 Inaccurate financial reporting
 Poor working conditions
 Employee harassment
 Misleading product information
 Damage the environment
 Bending the Rules
 Code of ethics
In the workplace, there might be a standard for
ethics set throughout the company. Many
organizations create a code of ethics, which might
include generic guidelines for ethical behavior
about doing the right thing or remaining fair
Apple Inc. Supplier Responsibility
Suppliers are expected to adhere to the company’s code
of conduct on:

 Working conditions of its employees

Underage protection of employees

 Training of its employees (Apple, 2018).

Supplier diversification in health and industrial

standards

 Wages and benefits for equality

 Types of non Business
Ethics

 UnRelevant Information

Failure to comply with the law

 Careless and unrespect

 Careless and unrespect
The U.S. Customs and Border Protection
(CBP) had prohibited imports of Top Glove
products citing evidence of forced labour
practices at the company, including debt
bondage, excessive overtime, abusive
working and living conditions, and retention
of identity
YOUR CATCHYdocuments. YOUR CATCHY

Top Glove has taken a hit to reputation and

business from the ban

Top Glove likely to be charged over cramped dorm

 UnRelevant Information
NIPPON STEEL FAILED TO REPORT WATER
POLLUTION DATA PROPERLY TO
AUTHORITIES

NIPPON STEEL RE-EXAMINED DATA ON

THE QUALITY OF DISCHARGED WATER
CHECKED OVER THE PAST THREE TO FIVE
YEARS AND FOUND READINGS WORSE
THAN THOSE REPORTED TO AUTHORITIES
INCLUDING THE CHIBA PREFECTURAL Nippon Steel's East Nippon Works manager Junichi Tani (center)
speaks in a news conference
GOVERNMENT.
 Failure to comply with the law
Goldman Sachs focused on its help raising $6.5bn in 2012
and 2013 for the fund formally known as 1Malaysia
Development Bhd (1MDB), work authorities said earned the
firm more than $600m.

Goldman had long blamed rogue employees, asserting it had

no idea the money it helped raise would be diverted from
planned development projects within Malaysia.

But eventually the bank admitted that its Malaysian unit had
"knowingly and willingly" paid bribes to foreign officials and
that it had ignored red flags that should have alerted
higher-ups to problems with the deal.
VIDEO CLIPS
Thank You for
Listening!