13.1 Ethical Behavior

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NCVPS

Small Business NCVPS Module 13

Education

What is Ethics? ,[object Object],[object Object],[object Object],[object Object]

What is Ethical Behavior? ,[object Object],[object Object],[object Object]

What is a Code of Ethics? ,[object Object],[object Object],[object Object]

What is Business Ethics? Business ethics means applying principles of right and wrong to situations in the workplace .

What is a Small Business’s Ethical Responsibility Towards Customers? ,[object Object],[object Object],[object Object],[object Object],[object Object]

What is a Business Owner’s Ethical Responsibility Towards Employees? ,[object Object],[object Object],[object Object],[object Object],provided by Office of Government Ethics, Washington, DC

How Can a Small Business Show Its Ethical Responsibility Towards the Community? ,[object Object],[object Object],[object Object],[object Object]

Ethics in the Small Business ,[object Object],[object Object],[object Object],[object Object]

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Contents Introduction Meaning and definitions of business ethics Sources of business ethics Characteristics of business ethics Importance Principles of business ethics Introduction Business is a part of society and its functions in the society. It is the application of ethics to business. It is the study of good and evil, right or wrong and just and unjust actions of businessmen. Every business should be guided by ethics. Ethics helps to survive and succeed their ventures. Meaning and definition It refers to the “moral principles which are considered right by the society. It is the study of morality. These are the moral principles and rules of conduct which govern and guide the activities of business. According to David Fritzsche, “it is the process of evaluating decisions, either pre or post, with respect to the moral standards of society’s culture”. The institute of global ethics defines, “the term ethics as obedience to the unforceable”. Sources of business ethics Religion Culture experience Legal system Characteristics/features of business ethics

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