This document discusses business ethics and improving ethical decision making. It defines ethics as the moral standards that judge a person's behavior as good or bad. It then covers the meaning and nature of business ethics, its importance and sources. It notes some difficulties in ethical decision making and provides practical suggestions, including observing moral principles, weighing pros and cons, setting priorities and leading by example.

1. 1. TOPIC : BUSINESS ETHICS
2. MEMBERS NAME :
FOZIYA
FAREHA
SABINA
SADIYA
NILAM
NASHREEN

2. (1.1) MEANING OF ETHICS
(1.2) NATURE OF ETHICS
(1.3) IMPORTANCE OF ETHICS
(1.4) SOURCES OF BUSINESS ETHICS
(1.5) IMPROVING ETHICAL DECISION
MAKING
(A) DIFFICULTIES OF ETHICAL
DECISION MAKING
(B) PRACTICAL SUGGESTION FOR
MAKING ETHICAL DECISION

3.  ETHICS IS A BRANCH OF PHILOSOPHY
WHICH LAYS DOWN THE MORAL
STANDARDS FOR JUDGING THE ACT OR
BEHAVIOUR OF A PARTICULAR PERSON
IN THE SOCIETY AS GOOD OR BAD.

4. 1. BUSINESS ETHICS IS A SCIENCE
2. BUSINESS ETHICS IS AN EXTENSION OF
THE SOCIETY
3. UNITY OF MORALITY
4. FLEXIBILITY
5. TEACHING IS POSSIBLE
6. IT IS SCIENCE BUT NOT ACCURATE
SCIENCE

5. 1. Ethics corresponds to basic human needs
2. Values create credibility with the public
3. Values give management credibility with
employees
4. Values help better decision making
5. Ethics and profits go together
6. Law cannot protect society but ethical
standards can
7. Helps winning the trust of creditors,
agents, banks and suppliers

6. 1. Religion
2. Cultural Experience
A) Stone Age
B) Agricultural Stage
C) Industrial Stage
D) Information Age

7. (A) Difficulties of Ethical Decision Making
1. Dilemma
2. Difference between facts and values
3. Co-existence of divine and devil
4. Limited knowledge of consequences
5. Antagonistic interests
6. Changes in ethical standards

8. 1.For the solution of ethical problems observe the
following three moral principles
(a) Moral idealism
(b) Intution
(c) Utilitarianism
2. Use tactics to illuminate moral choices
3. Balance sheet of pros and cons
4. Decide ethical priorities
5. Public commitment on ethical issues
6. Setting personal example
7. Knowledge of ethical imperfection