2. ETHICS
• Moral principles that govern a person's
behavior or the conducting of an activity.
• The basic concepts and fundamental
principles of decent human conduct.
3. BUSINESS ETHICS
• Business Ethics is the application of ethical
principles and methods to business.
• It is a specialized study of moral right or wrong
in business decisions.
• It concentrates on moral standards as they
apply to business policies, institutions and
behaviors
5. COMMON REASONS FOR UNETHICAL BEHAVIOR
• Pressure can drive people to do things they wouldn’t
normally do.
• Some people make unethical choices because they are not
sure about what really is the right thing to do.
• Self-interest, personal gain, ambition, and downright greed
are at the bottom of a lot of unethical activity in business.
• Misguided loyalty.
• Then there are those who simply never learned or do
not care about ethical values.
• Ignorance
• Competition
6. THE ROOT CAUSES OF UNETHICAL BEHAVIOR
• Psychological traps are the root causes of
unethical behavior.
• Primary Traps (External Stimuli)
• “Obedience to Authority”
• Personality Traps(Internal stimuli)
• “Need for Closure,”
• Defensive Traps(Two internal stimuli: guilt and
shame)
• “False Consensus Effect.”
7. ETHICS OFFICERS ASSOCIATION
• Balancing work and family 52%
• Poor leadership’ 51%
• Poor internal communication 51%
• Lack of management support 48%
• Need to meet goals 46%
8. ETHICAL ABUSE
• Executive Tactics
• Obedience to Authority
• Need for Closure
• False Consensus Effect
• Deliberate Deception
• Violation of Conscience
• Failure to Honor Commitments
• Unlawful Conduct
• Disregard of Company Policy
10. PREVENTING UNETHICAL BEHAVIOUR
Hiring the right employees
Regularly check and audit unethical behaviour
Implement the policies into their practices
Incentives and punishments
Open and transparent business practices
Hinweis der Redaktion
MORAL (concerned with the principles of right and wrong behavior.) ADHERE(believe in and follow the practices of.)
Concensus (a general agreement) , closure (an act or process of closing something)