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Part One:
What is the Business Ethics?
Business ethics are moral
ss principles that
guide the way a business behaves. The same
principles that determine an individuals
actions also apply to business
1
Business Ethics
. 2
Business Ethics Defined
Comprises principles, values, and
standards that guide behavior in
the world of business
Ethical decisions occur when accepted
rules no longer serve and decision
makers must weigh values and reach a
judgment
Values and judgments are critical in ethical
decisions
Principles:
Values:
3
Specific Issues
4
The Reasons for Studying Business Ethics
6
Organizational Ethical Culture
7
Global Ethical Culture
Nations working together to
establish standards of ethical
behavior
NAFTA
MERCOSUR
WTO
Companies can demonstrate their
commitment to social responsibility
through adopting international
standards
8
The Role of Organizational Ethics in
Performance
Source:
Source: Adapted
Adapted from
from Business
Business
9
Ethics Contributes to Profits
Corporate concern for ethical
planning is being integrated with
strategic planning
Thank you!!