Beruflich Dokumente
Kultur Dokumente
ethics
MEANING
Ethics is a set of rules that
define right and wrong conduct.
ETHICS
Origin
From Olden Days
6-23
compared with
Prevailing norms
of acceptability
Value judgments
and perceptions of
the observer
DifferenceS
Morals
Latin word MOS
Ethics
Greek word Ethikos
Social in Nature
Personal in Nature
Based on Customs
Based on Personal
Aspects
Accepted by
religious/cultural
institutions
General
principles(Friends &
Family)
Narrow Scope
Personally accepted
Personal
principles(own)
Wider scope
IMPORTANCE OF ETHICS
IMPORTANCE OF BUSINESS
ETHICS
PUBLIC EXPECTS BUSINESS TO EXHIBIT
HIGH LEVELS OF ETHICAL PERFORMANCE
AND SOCIAL RESPONSIBILITY.
ENCOURAGING BUSINESS FIRMS AND
THEIR EMPLOYEES TO BEHAVE ETHICALLY
IS TO PREVENT HARM TO SOCIETY.
PROMOTING ETHICAL BEHAVIOR IS TO
PROTECT BUSINESS FROM ABUSE BY
UNETHICAL EMPLOYEES OR UNETHICAL
COMPETITORS.
HIGH ETHICAL PERFORMANCE ALSO
PROTECTS THE INDIVIDUALS WHO WORK
IN BUSINESS.
FEATURES OF BUSINESS
ETHICS