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Welcome: Name: Dinesh Kumar Roll No:10a51e0019 Topic: Concept of Business Ethics

The document discusses the concept of business ethics. It defines business ethics as the application of ethical standards to business behavior and decision-making. The business ethics code of an organization typically addresses its ethics toward employees, customers, competitors, government, suppliers, dealers, shareholders, and financial institutions. It outlines aspects of ethical behavior for each group such as fair wages, ethical promotion, fair competitive practices, timely tax payments, proper contracts, and transparency.

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0% found this document useful (0 votes)
66 views8 pages

Welcome: Name: Dinesh Kumar Roll No:10a51e0019 Topic: Concept of Business Ethics

The document discusses the concept of business ethics. It defines business ethics as the application of ethical standards to business behavior and decision-making. The business ethics code of an organization typically addresses its ethics toward employees, customers, competitors, government, suppliers, dealers, shareholders, and financial institutions. It outlines aspects of ethical behavior for each group such as fair wages, ethical promotion, fair competitive practices, timely tax payments, proper contracts, and transparency.

Uploaded by

Dinesh Kumar
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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WELCOME

Name : Dinesh Kumar Roll no:10a51e0019 Topic: Concept of business ethics.

11/5/12

Concept of business ethics


Business ethics is the application of general ethical Click to standards to business behaviour.David defines principles andedit Master subtitle style business ethics as principal of conduct within organizations that guide decision-making behavior. Definition of business ethics :business ethics refers to right or wrong behavior in business decision. By buchhal.

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Concepts: the business ethics code of an organization may contain the following aspects. 1)business ethics towards employees:
Payment of right wages and employees. Provision of proper facilities. Proper personal policies relating to promotion,

performance appraisal, transfer etc.

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2)Business ethics towards customers:


Right pricing. Ethical promotion including advertising. Provision of proper information about products etc.

3)Business ethics towards competitors:


Fair competitive practices. Restraining from maligning competitors names. Restraining from instigation employees, suppliers or

dealers.

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4)Business ethics towards government:


Timely filling returns and other records. Payment of proper dues including taxes. Supporting government in social development

activities.

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5)Business ethics towards suppliers:


Proper supply contact. Timely payment of dues. Restraining from tactics on the dealers etc.

6)Business ethics towards dealers:


Timely delivery of products. Proper dealer contact. Restraining from pressure tactics on the dealers etc.
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7)Business ethics towards dealers:


Provision of proper introduction. Timely payment of dividend. Restraining from insider trading on the stock

markets etc.

8)Business ethics towards financial institutions:


Proper introduction about firms financial positions. Timely repayment of advances and interest etc.
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Thank you

11/5/12

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