Class : S.Y B.f.MSubject : Business EthicsTopic : Unethical business practicesSemester : IIIDate :16/07/2012

Submitted to,

Girish Bhawnani

NAVEEN JETHWANI 22

LAVEEN PARYANI 49

DINESH DULANI 50

DINESH WADHWA 51

CHUNKY LULLA 54

HITESH KUKREJA 55

HEMANT CHAUDHARI 09

PRIYA MANWANI 60

SONI AHUJHA 59

Meaning“Business Ethics simply Means Following Practices in

business which are morally correct and socially correct”

Individual Organization

Basic Questions Related to Business Ethics

Can A Business Be Ethical?

Do ‘’Ethics’’ Matter More now than Before?

Whose Ethics Are They?

Isn’t The Best Ethic Maximizing Share Holder’s Value?

"Let me appeal to your sense of doing things my way"

Abusive or Intimidating Behavior

Accurate but Incomplete Disclosures

Discrimination against Protected Class

Receiving/Offering Bribes, Kickbacks or Incentives

Theft or Fraud: Personal Use of Company Property or

Expense Account Misrepresentations

Termination without Fair Notice or Cause

Does “Doing the Right Thing” Matter?

To Whom Does it Matter?

What are the Costs to Business of Unethical

Behavior?

Legal Requirements often represent an Ethical Minimum

Personal Ethical Standards Generally Exceed Legal

Standards

Laws are Ethical Issues with Societal Implications as

interpreted by a Legislature; Personal Ethics have Broader Context and

Application

What are the different levels at which

issues originate and how they move to

other levels?

Individual

Organizational

Societal

CORRUPTION

DECREASING COMPETITION

POLLUTION

ADULTERATION

Ethical Issues require Persons or Organizations to choose an

Action that may get judged as right or wrong

Classifications of Business Ethical Issues

Conflicts of Interest

Fairness and Honesty

Communications

Organizational Relationships

Lack of proper education

Raising Inefficiency

Ineffective Laws

Exploiting the consumer

Organizations that Promote an “Ethical Climate” provide

an Opportunity to develop an “Ethical Culture”

Starts with Organization-wide Commitment:

Organizations have to WANT to “Do the Right Thing” -

Obtain Commitments from CEO, President and Board

of Directors

With Commitment, Organizations can Define their “Right

Thing” and decide How to “Do It”

Is Action consistent with Organization’s Goals, not motivated

by self-interest?

Does Action respect the Rights of Individuals and Groups

affected by it?

Should behaviour be equal from top level to lower level of

management

Decision-making includes Personal, Organizational and

Societal Values

Ethical Values always open to Discussion and Criticism

of the society.

Accept Responsibility for Sound Moral Judgments, It’s in

Everyone’s Job Description