Business Ethics Decision-making is the primary job of a manager, accountant etc. and some may involve ethical dilemmas Ethics  - moral principles; rules.

Slides:



Advertisements
Similar presentations
Lesson 21 Lesson 2 : Analyzing Ethical Issues. Lesson 22 The Meaning Of An Ethical Issue Choosing among several ethical or unethical alternatives Other.
Advertisements

COMP427 Business Ethics. Objectives 1.To understand ethics and why its important in ways that are consistent with a code of principles. 2.Understand why.
Chapter 1 An Overview of Ethics
Bioethics What’s in a question?. What is “ethics”? Ethics: “the rules of conduct recognized in respect to a particular class of human actions of a particular.
Ethics in Information Technology, Second Edition 1 Chapter 1 An Overview of Ethics.
Business Ethics BY: Joshua m. Standifer.
PowerPoint Presentation to Accompany Management, 9/e John R. Schermerhorn, Jr. Prepared by: Jim LoPresti University of Colorado, Boulder Published by:
Copyright  2010 Pearson Education Canada / J A McLachlan Chapter Nine Making Ethical Decisions.
Ethical Behaviour. Ethical Behaviour and Social Responsibility Planning ahead—study questions: 1.What is ethical behaviour? 2.How do ethical dilemmas.
Morals vs. Ethics Current Issues - LHS. What Are Morals and Ethics? MORALS are principles or habits with respect to right or wrong conduct Morals define.
Business Ethics Mrs. Ransey Business Essentials. Standards and Essential Questions Standards BCS-BE-11: The student compares and contrasts common ethical.
 The application of moral standards to management behaviour.  What is morally right and wrong.  Ethical dilemma occurs when an organisation is faced.
1 Profesional Ethics & Social Responsibility. 2 Objectives What is ethics, and why is it important to act according to a code of principles? Why is business.
Ethics - 1 Key Definitions  Moral: “relating to principles of right and wrong”  Ethics: “the discipline of dealing with what is good and bad and with.
Humanities 375, September 8, Why are we reading this book? u 1. To raise your sensitivity to circumstances involving information technology that.
 DO NOW: What comes to mind when you hear the word ethical? EETHICAL.
ETHICS and COMPUTERS An Overview 23/04/2017.
1 Business Ethics and Social Responsibility l an oxymoron?!?! l What is GOOD vs. What is Bad! l behaviour of business and the treatment of stakeholders.
CSR Part II BBI2O. Ethical Dilemmas Corporate Social Responsibility can be threatened when a company must choose between something that is morally right,
1ST CHOICE HOME HEALTH SERVICES NURSING ETHICS: PRESENTED BY: THE CLINICAL DEPARTMENT Doing the right thing for all involved.
Ethics Business Ethics  Unit Essential Question: How does ethical behavior affect my business decisions?  EQ: How does a business monitor itself to ensure.
BUSINESS ETHICS Why is Business Ethics important in Business.
Schermerhorn - Chapter 41 Chapter 4 Ethical Behavior and Social Responsibility 4 Planning Ahead –What is ethical behavior? –How do ethical dilemmas complicate.
Business Ethics.  The set of moral principles by which people conduct themselves personally, socially, or professionally  Business Ethics: A set of.
Practicing Leadership: Principles and Applications Chapter 2: Ethical Leadership.
Business Ethics & Social Responsibility
Robbins et al., Fundamentals of Management, 4th Canadian Edition ©2005 Pearson Education Canada, Inc. 1 Chapter 2 Managerial Ethics.
Ethics Ethics – Rules that help tell the difference between right and wrong Values – Tell us what we think is important and helps us make decision about.
Business ethics and social responsibility
Bell Ringer Activity A neighbor offered you $15 for picking up her mail. Afterward, she gives you $20 and refuses change. She actually gave you two twenties.
Business Ethics and Social Responsibility Chapter 4.
Social Responsibility and Ethics
An organization’s ethics are the collective behaviour of its employees.
Mrs. Ransey Business Essentials
1 Business ethics and social responsibility (chapt. 10) an oxymoron?!?! What is GOOD vs. What is Bad! behaviour of business and the treatment of stakeholders.
ETHICS: THE BASIC QUESTION n Is an action right or wrong? n How do you decide?
Business Ethics and Social Responsibility Chapter 4 Introduction to Business.
DO NOW: Ethics: Ethics is a set of moral principles by which people conduct themselves personally, socially, or professionally. What is your personal code.
Ch 3 Ethical Behaviour & Social Responsibility. Ethics Code of moral principles sets standards for right or wrong Guide behaviour Help make moral choices.
1.04 Ethics in healthcare Understand legal and ethical issues Healthcare professionals’ ethical obligations Ethics Standard of conduct or code of.
BIOETHICS.  Often used interchangeably but NOT the same:  Values  What’s important/worthwhile  Basis for moral codes and ethical reflections  Individuals.
Chapter 4 Business Ethics & Social Responsibility
1.04 Ethics in healthcare.
Defining Business Ethics
Defining Business Ethics
An action is right or wrong depends on the morals of the society in which it is practiced. The same action may be morally right in one society but be morally.
Chapter Three.
1.04 Healthcare Ethics.
Managerial Ethics and Corporate Social responsibility
An Ethical Decision-Making Framework
ETHICAL DECISION MAKING
Click here to advance to the next slide.
1.04 Ethics in healthcare.
Practicing Leadership: Principles and Applications
MAJOR ETHICAL ISSUES IN ENTREPRENEUR SHIP. Ethical issue – is problem or situation that requires a situation to choose between alternatives that must.
Ethical Decision Making
Ethics – What does it mean?
1.04 Ethics in healthcare.
Ethics – An Overview 2012 IACCAC Conference Presentation by
Business Ethics and Whistleblowing
Emerging Information Technologies I
1.04 Ethics in healthcare.
Ethics.
Chapter 4 Dental Ethics.
1.04 Ethics in healthcare.
Computer Ethics.
CHAPTER 3: ETHICS AND CORPORATE SOCIAL RESPONSIBILITY
1.04 Ethics in healthcare.
Making Ethical Decisions at Work
Ethics How do we decide?.
Presentation transcript:

Business Ethics Decision-making is the primary job of a manager, accountant etc. and some may involve ethical dilemmas Ethics  - moral principles; rules of conduct in a particular group/culture; values relating to human conduct; right, wrong, good, bad.  (ex., I shall not kill, I shall not steal, respect others, do unto others as I would want them to do unto me, etc.)

Business Ethics Ethical behaviour - legal behaviour with implications from a variety of variables including the individual, social, and corporate priorities.

Business Ethics Ethical dilemmas - situations faced by managers every day;  choice between alternatives in a situation that may result in personal/organizational benefit or may minimize losses to “save face”.

Why should accountants behave ethically? it is required by the accounting governing bodies, and practicing professionals could lose their license if they behave unethically; new societal push for corporate responsibility in this information age; improved public image; government and professional regulation will not need to increase; employee/community pride will increase (less employee turnover); finally and perhaps most importantly, as humans we should have respect for each other and treat others as we would want to be treated.

Ethical Decision-Making Model Define the dilemma or problem. List the facts including the stakeholders affected. List your options or alternatives. Evaluate and test the options: Is it legal? Does it meet the ICAO standards of professional conduct? Is it right?