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Pollution of environment
Obey
Rule
to
Avoid
e
Follow rules
only if it self
interest
Conform
to meet
the
expectati
on
of
others
Doing
right
is
one
s
duty.
obey the
law
Current
laws and
values
are
relative
laws and
duty
Follow
self
chosen
universal
ethical
principles
Dont kill
Dont cause pain
Dont deprive of freedom
Dont deceive
Keep your promise
Dont Cheat
Obey the Law
Do your duty with honesty
Ex. Bribery
Theft
Sabotage
Collusion
Part of Society:
Expectation of Public - All stake holder have an eye on the
cultural and behavior of a business organization due to dominance
of economic in the society.
Trust of employees- High level of morale and productivity can
be easily obtained in companies that treat their all employee with
equality ,encourage
Good team and work culture.
Image- An ethical organization commands trust and respect of its
stakeholders.
Costs- Deterioration of relationship ,damage to reputation in
reduction of employee productivity.
Pride of best companies Over all benefit- Ethical behavior of an industry or business
gives a win win
situation to all the stakeholders and general
public.
INTEGRITY
PROMISE-KEEPING (Keep promises and fulfill
commitments)
LOYALTY (Be loyal within the framework of other ethical
principles
FAIRNESS (Strive to be fair and just in all dealings
CARING.(Demonstrate compassion and a genuine concern
for
the well-being of others)
RESPECT FOR OTHERS.(Treat everyone with respect)
LAW ABIDING.(Obey the law)
Owners or
Shareholders
Resources
Men
Men
Materials
Materials
Machines
Machines
Methods
Methods
Money
Money
Markets
Markets
Managemen
t Philosophy
Values
Values
Belief
Belief
Attitudes
Attitudes
Ethics
Ethics
Customer
and Suppliers
workers
Managemen
t
Process
Planning
Planning
Organizin
Organizin
g
g
Directing
Directing
Controllin
Controllin
g
g
Society and
Government
Result
Goods
Goods &
&
Services
Services
Desired
Desired
by
by the
the
Customers,
Customers,
Fulfillment
Fulfillment of
of
the
the
expectation
expectation
of
of workers
workers
Towards
Owners/Sharehol
ders
Towards
Government
Towards
Employees
Towards Society
Towards
customers
Towards InterBusiness
Fair Dividend
Stability and Growth
Effective Communication
Protection of assets
Trustee of shareholders.
Fair Salaries
Job Satisfaction
Good Working Condition
Succession Planning Development
Co-operation
Opportunity for growth
Fair Price
Superior Service
Superior Product Design
Quick and complete Information
Maintain Law
Observe the Policies
Adibe by the Laws
Payment of Taxes, Custom Duties etc.&
Security
Maintaining Pollution
Free Environment
Welfare Services
Employment
Business Morality