1. BUSINESS ETHICS
 PRESENTED
BY
Mukta chugh
Sonali Lachhani
Dishant Nagrani
Dheeraj Ramchandani
Juhi Makhija

2. ‘A business that makes nothing
but money is a poor business.’
Henry Ford

3. Difference
Moral principles by which people
Ethics conduct themselves personally, socially,
or professionally
Business Rules based on moral principles about
ethics how businesses and employees ought to
conduct themselves

4. BUSINESS ETHICS
MEANING
Business Ethics deals with morality in
the business.it is a system of moral principles
and values applied to business activities.This
means the business activities should be
conducted according to ethics or moral
standards.

5. Three levels of application
Business ethics can be applied at three
levels:
–the individual employee,
–the organization,
–the society.

6. Who is responsible for
creating ethics in an
organization?

7. FEATURES OF BUSINESS ETHICS
CODE OF CONDUCT
PROVIDE PROTECTION TO SOCIAL GROUP
PROVIDE BASIC FRAME WORK
NEED WILLING ACCEPTANCE
EDUCATION AND GUIDANCE
NOT AGAINST FAIR PROFIT MAKING

8. Why Be Ethical in business?
1. Higher Trust
2. A better reputation
3. Higher shareholder value.

9. Why fostering Good Business Ethics is
important???
 CHECKING BUSINESS MALPRACTICES
 IMPROVING CONSUMER CONFIDENCE
 BUSINESSMEN TO BE CONSCIOUS OF SOCIAL
RESPONSIBILITIES
 PROTECT CONSUMER RIGHTS
 CREATE GOOD IMAGE OF BUSINESS

10. HOW BUSINESS CAN “GET IT”
Organizations that Promote an
“Ethical Climate” provide an
Opportunity to develop an
“Ethical Culture”

11. 7 Principles Of business ethics
• Be trustful
• Accept the social responsibility
• Meet Obligations
• Have clear documents
• Become community involved
• Maintaining accounting control
• Be respectful

13. ETHICAL AND UNETHICAL
HAVING MORAL VALUES • NO VALUES NO ETHICS
FAIR PRICES • SHORT WEIGHTS AND
FAIR WAGES MEASURES
• SUPPY INFERIOR
QUALITY

14. Ethical v/s Unethical
ETHICAL V/S UNETHICAL

15. Ethical Tests

16. DISCUSSION QUESTION
Suppose you have a customer who knows
nothing about the product she is buying. You
think she will buy any model you recommend.
- Is it your duty to sell her the most
expensive model in the store? Explain.

17. DISCUSSION QUESTION
Suppose you are getting paid less than you
think you deserve. Could that justify
stealing from the company or goofing off on the
job?
What other options might you have to remedy
your dissatisfaction?

18. Conclusion
• Ethics are important not only in business but
in all aspects of life because it is an essential
part of the foundation on which of a civilized
society is build. A business or society that
lacks ethical principles is bound to fail sooner
or later.

19. “GOOD ETHICS IS
GOOD BUSINESS”
Thank you