Business Ethics

Published on June 2016 | Categories: Types, Business/Law | Downloads: 98 | Comments: 0 | Views: 798
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Topic of MBA course Business Ethics

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Uniting Us As One VALUES

•UNITY

: Unite we stand divide we fall. •COMMUNITY :

Is a compelling dimension of the global business environment, creating demands, on international managers to take a positive position on issues of :
• •



Social responsibility and ethical behavior. Economic development in host countries. Ecological protection around the world.

Poverty and lack of equal opportunity around the world.  The environment  Consumer concern  Employee safety and welfare


INTRODUCTION
Managers are usually quite concerned about these issues namely : • public • interest group • legal and governmental concern • media coverage

MNC’s are always concerned about the decision taken by them which are effecting the activities of the other countries.

Domestic firms are always in a dilemma between two extremes.

To make profit

Social Need and Solving them



Ethics
Social responsibility Values priority







 Pro-active

Organization accepts responsibilty beyond its legal requirement and attempts to establish a positive association within the environment.  Re-active



Ethical Responsibility : Being ethical in doing what is right and fair. Legal Responsibility : Obeying the law. Economic responsibility : Be profitable.







Philanthropic :
Being good corporate citizen.

( SIMILAR TO MASLOW’S HIERARCHY OF NEEDS )

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