2. What is Ethics ?
Ethics is the collection of principles and values that specify the
goodness or badness of behavior of individual, Ethics, also known as
a branch of moral philosophy that addresses questions about
morality , concepts such as good and Evil, right and wrong,
Justice and Crime Etc.
3. What is Corporate Ethics ?
Corporate ethics also known as business ethics is a form of
applied ethics or professional ethics that examines ethical
principles and moral or ethical problems that arise in a business
environment. It applies to all aspects of business conduct and is
relevant to the conduct of individuals and entire organizations.
4. Three Levels Of Corporate Ethics
In our mission to define business ethics, Johnson provide a useful
way of classifying the diverse elements of Corporate Ethics
The Macro Level
The Business Level
Individual Level
5. Three Levels Of Corporate Ethics
The Macro Level
The role of business in the national and international orgnization
of society
The relative virtues of different political/social system, such as free
enterprise, centrally planned economies, etc.
International relationships and the role of business on an
international scale
6. The Business Level
Corporate social responsibility
Ethical issues facing individual corporate entities when
formulating and implementing strategies
Individual Level
The behavior and actions of individuals with in the
organizations
Three Levels Of Corporate Ethics
7. Ethical Rules and Values For Corporations
Always Help Others
Be honest
Follow the rules and policies
Respect others employee
Be loyal and hared working
Do right and follow right
8. What is Ethical Behavior ?
Ethical Behavior Means :
Knowing the difference between right and wrong
Consciously choosing to do right
Demonstrating respect for key moral principles that include
honesty, fairness, equality, dignity, diversity and individual rights.
9. What is Code Of Ethics ?
A code of ethics is a systematic set of rules and procedures used
to guide the behavior of an individual, a business, or a culture.
The code of ethics is in writing and available to everyone who is
expected to abide by them.
10. Ethical Responsibility Towards Customers
Treat all customers with respect
Be honest
Do not exaggerate the merits of your products/services.
Inform customers of possible dangers of your products/services.
Handle all disputes fairly.
11. Business Owner’s Ethical Responsibility Towards
Employees?
Establish an ethical workplace
Create a written code of ethics to set guidelines to help the business
owner and employees make ethical decisions.
Establish company policies and procedures
Treat all employees fairly
12. Ethical Responsibility Towards the Society ?
Contribute money to charities, cultural institutions, and other
reputable causes.
Get involved with various social work
Donate products and services
Sponsor/support fundraising for non-profit organizations that
support the society
13. Top Management
Top level management of a company consists of the board of directors
and the chief executive or the managing director. Top management is the
ultimate source of authority and it establishes goals and policies for the
enterprise. It devotes more time for planning and co-ordination
functions.
14. Role Model of top management
Top management improve the valid and effective ethical quality of a business.
It also control the behaviors of the employees either ethically or unethically.
Without ethics organizational climate can’t be achieved.
Top management behavior and attitudes effect the employees
15. Lay down the objectives of the enterprise
Prepares strategic plans and policies for the enterprise
Issue necessary instruction for the preparation of departmental budget,
schedule, procedure etc
Control the activities of all departments
Maintain relationship with outside people
Role Model of Top Management