BUSINESS ETHICS PRESENTED BY Shaikh Shabina
BUSINESS ETHICS
PRESENTED BY
Shaikh Shabina
INTRODUCTION
The Term Ethics derieved from greek word ‘Ethos’ which means ‘Character’.
Ethics is a social science which deals with concepts such as right and wrong,moral and immoral,good and bad etc.
Behavior of Dealing with one another
BUSINESS ETHICS
MEANINGS Business Ethics deals with
morality in the business.it is a system of moral principles and values applied to business activities.this means the business activities should be conducted according to ethics or moral standards.
BUSINESS ETHICS
Defination According to
wheeler,Business Ethics is an art or
science of maintaining harmonious relationship with society,its various groups and institutions as well as reorganising for right or wrong of business conduct.
FEATURES OF BUSINESS ETHICS
CODE OF CONDUCT PROVIDE PROTECTION TO
SOCIAL GROUP PROVIDE BASIC FRAME WORK NEED WILLING ACCEPTANCE EDUCATION AND GUIDANCE NOT AGAINST FAIR PROFIT
MAKING
NEED FOR BUSINESS ETHICS
CHECKING BUSINESS MALPRACTICES IMPROVING CONSUMER CONFIDENCE BUSINESSMEN TO BE CONSCIOUS OF
SOCIAL RESPONSIBILITIES PROTECT CONSUMER RIGHTS CREATE GOOD IMAGE OF BUSINESS
PRINCIPLES OF BUSINESS ETHICS
AVOID EXPLOITATION OF CONSUMERS UNFAIR TRADE PRACTICES ENCOURAGE HEALTHY COMPETITION FAIR TREATMENT TO EMPLOYEES AVOID PAYMENT OF BRIBE RESPECT CONSUMER RIGHTS ACCEPT SOCIAL RESPONSIBILITY
ETHICAL AND UNETHICAL
HAVING MORAL VALUES
FAIR PRICES FAIR WAGES
NO VALUES NO ETHICS
SHORT WEIGHTS AND MEASURES
SUPPY INFERIOR QUALITY
ETHICAL V/S UNETHICAL
ADVANTAGES OF BUSINESS ETHICS
ADVANTAGE TO BUSINESS MAN ADVANTAGE TO CONSUMER AND
SOCIETY ADVANTAGE TO EMPLOYEES ADVANTAGE TO GOVERNMENT
CONCLUSION “GOOD ETHICS IS
GOOD BUSINESS”