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Business Ethics and Social Responsibility

PRESENRED BY:

ROHINI S. SADRE [5746] PRATIKSHA S. PATIL [5747] CHAITALI S. JOG [5745] SAPANA C. MUNDHE [5739] JUILEE M. KELKAR [5725]

GUIDANCE BY: KAVITA MAM

OUTLINE  MEANING OF ETHICS  BUSINESS ETHICS  FACTORS THAT AFFECT BUSINESS ETHICS  IMPORTANCE OF ETHICS IN BUSINESS  ETHICS & MORALITY  ETHICS AND CORPORATE GOVERNANCE  ETHICAL CASES  UNETHICAL CASES  CONCLUSION .

Meaning of Ethics  Ethics is derived from Greek word “ETHOS”. it means Character or manners.  Ethics is subjective while morality is . objective.

FROM WHERE THE ETHICS COMES RELIGIONS ENVIRONMENT PARENTS AND TEACHERS REQUIREMENTS FOR ETHICS IN ORGANIZATION CLEAR VISION OPEN COMMUNICATION ETHICAL TEAMS COMMITMENT TO ETHICS .

Business Ethics  The value of what should be done and what should not be done from the business point of view  Ethical Decisions – Equitable (Justice to all) – Morally correct – Good & fair – Appropriate to situation (Wipro Case) .

but ethics can. .•Importance of Ethics in Business •Ethics corresponds to basis human needs •It creates credibility with the public •It gives management credibility with the employees •It helps in better decision making •Law cannot protect society.

Ethical issues for business  Product safety standards  Advertising contents  Working environment  Unauthorized payments  Employee’s privacy  Environmental issues .

 INTEGRATED VIEW OF ETHICS Ethical behavior and business should be integrated in a new era called Business Ethics. .3D of Ethics.  UNITARIAN VIEW OF ETHICS Business is a part of moral structure and moral ethics. Society and law deals with ethics and morality.  SEPARATISTS VIEWS OF ETHICS Morality and ethics has no role in business.

then the group is said to be ethical Organisation.Ethics and morality  Ethics is about field or domain of enquiry while morality is the object of enquiry. . When espoused value become practiced values. Ethics or behavior accepted with in a group is recorded as credos– espoused value of group/Orgn.

creditors. It focuses on the business relationship with employees.  Adhere to corporate credos-code of conduct. stockholders." fair. prior and just" in decisions and actions made that affect stake holders. suppliers and member of the society in which it operates. is a matter of leadership. customers.ETHICS AND CORPORATE GOVERNANCE  Deals with determination what is ‘right'. .  Corporate ethics .

4 M.CSR Corporate Four M of corporate social responsibility taken up Meaningful projects Managing the projects Monitor projects Measure projects .

providing access to credit.  BANK OF INDIA.  BPCL provides alternate source of energy. solar energy for street lights at villages. adopted 101 villages .ETHICAL CASES  NABARD helps 101 million poor people through micro finance program. . focuses on below poverty line.makes use of four M with NGO for various services.

UNETHICAL CASES 1.Coca Cola and Pepsi .Satyam Case 2.

To plan. . In life. In life and Business.Conclusion In order to Win the game. you need to plan. information is imperative. play hard and play fair. Get it through legal and ethical means. Ethical Standard Must be Set. you need to play by rules. Ethical Standard Must be Met. It’s fact that to win consistently.

com .wikipedia.REFERANCE Business ethics & corporate responsibilities by „Riya Rupani‟ www.scribd.com www.

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