Ethics is :
The study of standards of conduct and moral judgment, moral philosophy
A treatise on this study
The study or code of morals of a particular person, religion, group, profession, etc.
3. Ethics is :
1. The study of standards of conduct and moral
judgment, moral philosophy
2. A treatise on this study
3. The study or code of morals of a particular person,
religion, group, profession, etc.
4.
The term “ethics” is derived from the greek word
“ETHOS” which refers to character or customs or
accepted behavior.
5.
ETHICS is a branch of philosophy that addresses
questions about morality that is, concepts such as
good and bad, noble and ignoble, right and wrong,
justice and virtue.
6. Nine major theories have all been created
to explain ethics and determine whether
a decision is ethical or not
8.
Ethics is a requirement for human life. Without it our
actions would be random and aimless
They give us a baseline for what is wrong and right .
Ethics help us to have a ready understanding of how to
react to a certain situation before it happens
They act as our mediator when dealing with people. If we
have wrong sense of ethics we will react to people in a
negative manner
9.
Ethics and Morality are not same
Ethics is the principle that guides human behavior
Morals are related to traditional beliefs, customs and
conventions that guide man’s social behavior
10.
Ethics is the science of conduct. It deals with certain
standard conduct and morals
Law is a code of conduct which the authority in power
prescribes for society
11. ETHICS
LAW
The scope of ethics is broad
The scope of Law is narrow
Ethics means the rules or
principles that define right or
wrong conduct
Laws are written rules about
what is right and what is wrong
in various walks of life
People who reject Ethical
Principles have to face social
boycott
If People don’t obey laws, they
are subjected to punishments
Ethics does not use force
Law uses force when necessary
It is not backed by power
It is backed by power
Ethics concentrate on what
should be done
Law concentrates on what
should not be done
14.
The term Normative Ethics implies something that
guides or controls
Thus, Normative Ethics is the branch of ethics that
guides human conduct
It sets out certain moral standards that helps us to
determine what is right and what is wrong
16. Applied Ethics is a branch of ethics that deals with
specific, often controversial moral issues in different
fields which are as follows :
1. Medical Field : Abortion, Female Foeticide and
Infanticide, etc.
2. Business Fields : Misleading Advertising, insider
trading, bribery, corruption, etc.
3. Others : Displacement of tribal people due to hydroelectrical projects, cloning, testing drugs on animals,
etc.
17.
Altruism revolves around the question of morality ‘ I
ought to act in the interest of others’.
Example of Altruism is Politician donates money to a
charity because it is the right thing to do, is the honest
act of altruism
But, politician who donates money to a charity in order
to gain favorable public opinion is not the act of
altruism
18.
Egoism revolves around the question “ I ought to act in
the interest of myself”
It states that people must do what is best for
themselves in order to live a morally correct life
In some cases of egoism, the idea of acting out one’s
self interest sometimes even extends to overlooking
other’s interests in order to satisfy your own.
21. SURVIVAL
ONLY
PROFIT IS NOT ACCEPTABLE
A FIRM NOT PERFORMING WELLIS
CONSIDERED AS LIABILITY
22. GAINED POPULARITY IN 1980’s AND 1990’s
CORPORATEs LIKE TATA’s , BIRLA’s , RELIANCE
ARE PIONEERS IN FIELD OF BUSINESS ETHICS
23.
STANDARD OF BEHAVIOUR
TRUE NORTH PRINCIPLE
TO LEAD BUSINESS
MORAL VALUES OF EMPLOYEES
VALUE BASED LEADERSHIP
CREATES ETHICAL PRACTISES
SHORT TERM GAIN AND LONG TERM PAIN V/S
SHORT TERM PAIN AND LONG TERM GAIN
STRONG INDEPENDENT BOARD
ROLE OF I.T. AND BUSINESS ETHICS
24.
MISSION OR VALUE STATEMENTS
CODE OF ETHICS
ETHICS MANAGERS, OFFICERS & COMMITTEES
ETHICS EDUCATION AND TRAINING
PEER REPORTING OF UNETHICAL BEHAVIOUR