2. Social Responsibility - is a duty every individual or
organization has to perform so as to maintain a
balance between the economy and the ecosystem.
Business - is an organization involved in the trade of
goods, services, or both to consumers.
Ethics - involves systematizing, defending, and
recommending concepts of right and wrong
conduct.
Law - is a system of rules and guidelines which are
enforced through social institutions to govern
behavior.
Organization - is a social entity that has a collective
goal and is linked to an external environment.
3. 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.
ORGANIZATIONAL ETHICS - is the ethics of
an organization, and it is how an organization
ethically responds to an internal or external
stimulus.
4.
5. I. Thou shalt not bear false witness
in the books and of thy employer.
II. Thou shalt not play games with
numbers.
III. Thou shalt speak the truth to
thy boss, even though he may not
want to hear it.
IV. Thou shalt rattle on thy neighbor
when he is doing something wrong.
V. Thou shalt keep thine eyes wide
open.
6. VI. Sin not, nor help thy brother to
sin, for thou art thy brother’s
keeper.
VII. Thou shalt not have two
masters – thy boss and thyself
VII. Thou shalt not seek to profit by
use of thy employer’s confidences.
IX. Honor thy father and thy
mother, in addition, thy auditors.
X. Obey the real ten commandments.
8. • The owners, management,
workforce, suppliers &
subcontractors, customers, and
government contribute to the
performance of the business and
entitled to receive proper worth of
their contributions.
• The resources employed by a
business are financial, technological
and human.
• Business has a public responsibility
to use all its resources efficiently.
9. • Competition and inventiveness are
essential for the maintenance and
continuing improvement of the
quality of goods and services, for
growth and technological progress.
• In business, as in any other
institutions of society, any right or
authority enjoyed by or entrusted
to business presupposes and is
injustified by, corresponding
duties, responsibilities and
performance.