Beruflich Dokumente
Kultur Dokumente
• Unit-I
• Introduction
➢ Business Ethics – It is called inLatin Word
as ”ethicus” while in Greek it is called
Ethikos. It has come up from the word
”ethos” meaning Character or Manners.
Thus it can be called as science of Morals
or recognized rules of Conduct
The character of a person is expressed in
terms of his conduct. The conduct is a series
of actions which when taken together are
either termed as”Good” Bad or right or
Wrong, Moral or Immoral as well as Amoral
Ethics is also called as the Science of
character of a person expressed as right or
wrong conduct or action
• Nature of Ethics
➢ The concept of Ethics deals with human
beings only as he has been endowed with
freedom of choice and the means of free
will.
➢ Study of ethics has become a systematic
knowledge about moral behavior and
conduct.Thus its study is a field of moral
science
➢ It is a normative science. Which judges the
value of the facts in terms of an ideal.
Ethics is concerned with judgment of value
or what ought to be.
➢ It deals with human conduct which is
voluntary and not forced or coerced by
persons or concerned
➢ Ethics is defined as the discipline dealing
with what is good and bad and with moral
duty and obligation, it is also called moral
philosophy the discipline concerned with
what is morally good and bad, right and
wrong. (www.Brittanica.com, Peter Singer)
➢ Ethics is never a business issue, a social
issue, or a political issue. It is always a
personal issue
• Business Ethics
• Business Ethics is nothing but the
Application of Ethics in Business. Business
ethics proves that businesses have to be
ethical but still make profit.
• Previously Business ethics was thought of
as being a contradiction of terms
• Nowadays the core focus area is on ethical
implications of Business
What are Business organizations?
• These are formal structures for Human
beings to carry out their business
• Managerial Dilemmas: The choice
between the Commercial Concern and the
Welfare Concern
2.)Commitment to Quality:
Systematized implementation of quality
improvement initiatives in every area of
service provided to improve services,
add value, enhance efficiency and
contain cost.
3.) Loyalty and Trust:
Building credible and trustworthy
working relationships with all internal
and external customers/persons in the
community network working for
outcomes that are measurable,
meaningful, and respectable.