Name- PRAGATI SACHDEV

CLASS- BBA 3rd year

TOPIC- MODEL OF BUSINESS
ETHIC OF TATA COMPANY...
 Synopsis.....
1. Introduction..
2. What is Business ethic.
3. Is ethic Necessary?
4. Features of business ethic..
5. Model Of business ethic.
6. Introduction of tata company.
7. Models of business ethic of tata company.
8. Social responsibility preform by company.
9. Awareness by tata company.
10. Conclusion.
 Introduction...
• Business ethics or corporate ethics refers to a
study of the ethical and moral principles as well
as problems which might arise while conducting
business. Furthermore, this study is relevant to
the habits of individuals and the entire
organization.
 WHAT IS BUSINESS ETHIC?
What Is Business Ethics?
By definition, business ethics refers to the standards for morally right and
wrong conduct in business. Law partially defines the conduct, but “legal”
and “ethical” aren’t necessarily the same. Business ethics enhances the law
by outlining acceptable behaviors beyond government control.
• Corporations establish business ethics to promote integrity among their
employees and gain trust from key stakeholders, such as investors and
consumers.
IS ETHIC NECESSARY?
• There is a framework of ethics underlying our lives on a daily basis, helping us make
decisions that create positive impacts and steering us away from unjust outcomes. Ethics
guides us to make the world a better place through the choices we make. Ethics in business
is just as important as ethics in personal life.
• We need to be ethical because it defines who we are individually and as a society. These are
norms of behavior that everyone should follow.
• The aim of ethics has been viewed in different ways: according to some, it is the
discernment of right from wrong actions; to others, ethics separates that which is morally
good from what is morally bad; alternatively, ethics purports to devise the principles by
means of which conducting a life worth to be lived.
 TATA COMPANY...
• The Tata Group is a group of companies headquartered in Mumbai. Established in
1868, it is India’s largest conglomerate, with products and services in over 150
countries, and operations in 100 countries across six continents.
• There are 29 publicly listed Tata Group companies with a combined market
capitalisation of ₹31.6 trillion (US$382 billion) as of 8 March 2024. Major
affiliates include Tata Consultancy Services, Tata Motors, Tata Projects, Tata
Power, Titan, Tata Steel, Air India, Indian Hotels Company, Tata Consumer
Products, Voltas, Trent, Cromā and Big Basket.
• The company has attracted controversy for reports of political corruption,
environmental issues, land grabbing, ,theft,mass killings and exploitation of its
customers, Indian citizens,and natural resources.
 Models of business ethic of tata company..
Core values:
Tata has always been a values-driven organisation. These values continue to direct the growth and business of Tata
companies.
The five core Tata values underpinning the way we do business are:
Integrity
We will be fair, honest, transparent and ethical in our conduct; everything we do must stand the test of public scrutiny.
Responsibility
We will integrate environmental and social principles in our businesses, ensuring that what comes from the people goes
back to the people many times over.
Excellence
We will be passionate about achieving the highest standards of quality, always promoting meritocracy.
Pioneering
We will be bold and agile, courageously taking on challenges, using deep customer insight to develop innovative
solutions.
Unity
We will invest in our people and partners, enable continuous learning, and build caring and collaborative relationships
based on trust and mutual respect.