Beruflich Dokumente
Kultur Dokumente
Manan Aslam
(Assistant Professor)
manan.aslam@umt.edu.pk
C HAPTER 1
Your assessment & final grades will be based as per University existing rules.
Chapter Outline
Definition of Ethics & Business Ethics
Why Study Business Ethics?
Developing an Organizational and Global Ethical Culture
Need / Importance of Business Ethics
Our Framework for Studying Business Ethics
Ethics
EthikosAn ancient word Arising from Habit
Branch of Philosophy, is the study of value or morality
It covers the analysis and employment of concepts:
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except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. 13
Misuse of company resources
Abusive behavior
Harassment
Accounting fraud
Conflicts of interest
Defective products
Bribery
Employee theft
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except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. 14
Role of Organizational
Ethics in Performance
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except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. 17
Investors are increasingly interested in a
companys reputation and recognize how:
ethical culture provides a foundation for
efficiency, productivity, and profitability
negative publicity, lawsuits, and fines threaten a
companys long-term viability
Gaining investors trust and confidence is
vital to sustaining financial stability
2015 Cengage Learning. All rights reserved. May not be copied, scanned, or duplicated, in whole or in part,
except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. 18
Customer satisfaction is an important factor
in a successful business strategy
Companies seen to be socially responsible increase
customer trust and satisfaction
Trust is essential for long-term customer
relationships
A strong organizational ethical climate places
customers interests first
2015 Cengage Learning. All rights reserved. May not be copied, scanned, or duplicated, in whole or in part,
except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. 19
Companies need profits in order to meet
their responsibilities
Corporate concern for ethical conduct is
being integrated with strategic planning
Maximizing profitability
Ethics has moved from being a compliance
standard to becoming an integral part of
achieving a competitive advantage
2015 Cengage Learning. All rights reserved. May not be copied, scanned, or duplicated, in whole or in part,
except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. 20
PowerPoint created by:
Manan Aslam
COUNTRIES VISITED:
Bangladesh (fully funded conference by BRAC, Bangladesh)
Dubai
Iran (fully funded workshop by APO, Japan)
The Netherlands (fully funded training course by NFP, The
Netherlands)
Thailand (Australian Centre for International Agricultural
Research, ACIAR)