Scribd Logo
Upload

Welcome to Scribd!

  • 82 views

    Ethics and Business

    Uploaded by

    Maryam Tariq
    The document discusses business ethics, defining it as the principles and standards that define acceptable conduct in business. It provides definitions for ethics and business, then discusses the history of business ethics. Examples of business ethics topics like respecting customer information and workplace diversity are presented. Principles of business ethics like truth, honesty and social responsibility are outlined. Finally, the importance of business ethics is discussed in terms of employee commitment, investor/customer loyalty, public trust, and protecting individuals.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Ethics and Business

    Uploaded by

    Maryam Tariq
    82 views11 pages
    The document discusses business ethics, defining it as the principles and standards that define acceptable conduct in business. It provides definitions for ethics and business, then discusses the history of business ethics. Examples of business ethics topics like respecting customer information and workplace diversity are presented. Principles of business ethics like truth, honesty and social responsibility are outlined. Finally, the importance of business ethics is discussed in terms of employee commitment, investor/customer loyalty, public trust, and protecting individuals.

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document discusses business ethics, defining it as the principles and standards that define acceptable conduct in business. It provides definitions for ethics and business, then discusses the history of business ethics. Examples of business ethics topics like respecting customer information and workplace diversity are presented. Principles of business ethics like truth, honesty and social responsibility are outlined. Finally, the importance of business ethics is discussed in terms of employee commitment, investor/customer loyalty, public trust, and protecting individuals.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    82 views11 pages

    Ethics and Business

    Uploaded by

    Maryam Tariq
    The document discusses business ethics, defining it as the principles and standards that define acceptable conduct in business. It provides definitions for ethics and business, then discusses the history of business ethics. Examples of business ethics topics like respecting customer information and workplace diversity are presented. Principles of business ethics like truth, honesty and social responsibility are outlined. Finally, the importance of business ethics is discussed in terms of employee commitment, investor/customer loyalty, public trust, and protecting individuals.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 11

    Ethics 

    and business

    Presented by
    Mubarka Aftab
    Fatima Amanat
    Presented to
    Dr. Naheed Saeed
    Table of content
    • Define ethics
    • Define business
    • Business ethics
    • History of business ethics
    • Introduction to business ethics
    • Example of business ethics
    • Principle of business ethics
    • Importance of business ethics
    • Ethical aspects of business ethics
    Define ethics
    The term ethic which
    means that coutoms, habit,
    character or disposition.
    Business
    The term Business refer to
    the organized efforts and
    activities of individuals to
    produce and sell goods and
    service for profit.
    Business ethics
    According to kaymond C.
    Baumhart:

    The ethics of business is
    the ethics of responsibility.
    History of Business ethics
    • Business ethics reflect the norms of each historical period.
    • Business was involved in slavery, colonialism and the cold war.
    • The society for business ethic was founded in 1980. Business
    schools adopted business ethics after 1987 commencing with
    the European Business ethics network. In 1982 the first single
    authored books in the field appeared.
    • The concept of business ethics caught the attention of
    acedemics, media and business firms by the end of the war.
    • The Defence Industry initiative on business ethics and
    conduct(DII) was created to support corporate ethical conduct.
    This era began the relief and support of self regulation and
    free trade, which lifted tariffs and barriers and allowed
    businessess to merge and divest in an increasing global
    atmosphere.
    Introduction to business ethics
    • The principle and standards that define acceptable
    conduct in business.
    • Business ethics can be defined as written and unwritten
    codes of principles and values that govern decisions and
    actions within a company.
    • In the business world, the organization's culture for
    determining the difference between good and bad
    decision making and behavior.
    Example of business ethics
    Respecting customer information:
    In finance, it is important to maintain the secrecy of the
    client's information regarding its financial account balance,
    account statement etc. or any other sensitive information
    of its clients. This information must not be leaked and
    poured out in public.
    Workplace Diverity:
    Management tends to hire the ame types of persons for
    similar work; they may ensure providing everyone with an
    equal opportunity by introducing different perspective to
    the hiring process.
    Principle of business ethics
    Here are some principle for business ethic:
    • Truth
    • Honesty
    • Social Responsibilty
    • Good Behavior
    • Follow Laws
    • Never Mislead
    Importance of business ethics
    Ethics influence and contribute to:
    Employee commitment
    Investor and customer loyality
    Customer Satisfaction
    Ability to build relationship with stakholders
    Greater earning
    Public expert business to exhibit high levels of ethical
    performance and social responsibility.
    Encouraging business firms and their employess to behave
    ethically is to prevent harm to society.
    High ethical performance also protect the individual who work in
    business.
    Ethical aspect of business ethics

    You might also like