Ethics and Social Responsibility

Slides:

Advertisements

Similar presentations

Chapter 3 Ethical Behavior and Social Responsibility

Advertisements

Ethics and Social Responsibility CHAPTER 5. Copyright © 2008 by South-Western, a division of Thomson Learning. All rights reserved. 2 Learning Objectives.

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.

Ethics Dr. Jeanette Kersten, EdD. Ethics Doing what is right in every circumstance Business ethics – Standard that guide acceptable behavior Common unethical.

Copyright © 2005 by South-Western, a division of Thomson Learning All rights reserved 1 Chapter 6 Ethics and Stakeholder Social Responsibility.

Schermerhorn- Chapter 61 Management, 6e Schermerhorn Prepared by Cheryl Wyrick California State Polytechnic University Pomona John Wiley & Sons, Inc.

Schermerhorn - Chapter 62 Ethics –code of moral principles –sets standards of good & bad and right & wrong Ethical behavior –what is accepted as “good”

Business Ethics and Corporate Social Responsibility

©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

PART FOUR – COMMERCIAL LEGISLATION in the UAE

Read to Learn Define ethics and business ethics. Describe why ethical behavior is good for business. List the steps for dealing with an ethical dilemma.

Business Ethics BY: Joshua m. Standifer.

Managing Ethics and Social Responsibility

PowerPoint Presentation to Accompany Management, 9/e John R. Schermerhorn, Jr. Prepared by: Jim LoPresti University of Colorado, Boulder Published by:

Chapter 3 Ethical Behavior and Social Responsibility

Corporate Social Responsibility

UNIT 2: CONTEXT. Chapter 3: Ethics & Social Responsibility.

Ethical Awareness.  An ethical decision that is essentially a difficult decision to make because of your honor system coming into conflict with something.

Ethics and professional Conducts for Civil engineers

CHAPTER 3 CONDUCTING BUSINESS ETHICALLY AND RESPONSIBLY.

Copyright © 2005 by South-Western, a division of Thomson Learning, Inc. All rights reserved. 2-1 Chapter 2 Business Ethics and Social Responsibility Business.

Ethics and Corporate Social Responsibility Class 8 Thursday 9/22/11.

Corporate Social Responsibility

Business Ethics Mrs. Ransey Business Essentials. Standards and Essential Questions Standards BCS-BE-11: The student compares and contrasts common ethical.

What is ethical behavior?  Ethics Code of moral principles. Set standards of “good” and “bad” as opposed to “right” and “wrong.”  Ethical behavior What.

Business in a Global Environment

MANA 3319 A PANDEY Managing Social Responsibility and Ethics.

Lesson 1. A neighbor offered you $15 for picking up her mail. Afterward, she gives you $20 and refuses change. She actually gave you two twenties that.

Ethics Business Ethics  Unit Essential Question: How does ethical behavior affect my business decisions?  EQ: How does a business monitor itself to ensure.

Schermerhorn - Chapter 41 Chapter 4 Ethical Behavior and Social Responsibility 4 Planning Ahead –What is ethical behavior? –How do ethical dilemmas complicate.

BUSINESS ETHICS.

Chapter Three. Ethics – the study of what constitutes right or wrong behavior Business ethics – what constitutes what is right or wrong behavior in the.

ETHICS IN THE WORKPLACE

©2015 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.

Chapter 3: Ethical Behaviour and Social Responsibility  Ethics  Code of moral principles that sets standards of good or bad, or right or wrong, in one’s.

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.

Corporate Responsibility And Ethical Dilemma Managerial Ethics By: Anupam Agrawal Deepshikha Chakraborty Nidhi Rajani Paras Panchamia Rajat Kejriwal Urmimala.

Ethics. What are ethics Ethics is the study of our notions of right and wrong In essence ethics are our moral compass.

Business Ethics. O Rules or standards governing the conduct of a business O Moral code – what is ‘right’ and what is ‘wrong’?

Module 3 Ethics and Social Responsibility. Module 3 How do ethics and ethical behavior play out in the workplace? How can we maintain high standards of.

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.

Corporate Social Responsibility (CSR) By Dr. Kevin Wongleedee Director of Institution of Lifelong Learning Promotion and Creativity.

Ch 3 Ethical Behaviour & Social Responsibility. Ethics Code of moral principles sets standards for right or wrong Guide behaviour Help make moral choices.

Business Ethics. O Principles, values and standards that guide behavior in the world of business O Moral code – what is ‘right’ and what is ‘wrong’? O.

Management Fundamentals - Chapter 31 Study Question 3: How can high ethical standards be maintained?  Ethical role models: – Top managers serve as ethical.

Exploring Business © 2009 FlatWorld Knowledge 2-1 Business Ethics And Social Responsibility.

Entrepreneurship Ethics Presented By Mrs. Bowden.

Prepared by: Michael K. McCuddy .

5 Ethics, Social Responsibility, and Diversity.

Ethical Behavior and Social Responsibility

BUSINESS ETHICS AND SOCIAL RESPONSIBILITIES OF BUSINESS

Click here to advance to the next slide.

Corporate Ethics.

BOH4M – Business Leadership

Study Question 1: What is ethical behavior?

Ethics and Corporate Social Responsibility

Management, 7e Schermerhorn

Managing Ethics and Social Responsibility

Ethics and Social Responsibility

Chapter 2: Ethics and Social Responsibility: Doing the Right Thing

Business Ethics and Social Responsibilities

Ethics and Social Responsibility

BUSINESS ETHICS AND SOCIAL RESPONSIBILITY

BellWork A neighbor offered you $15 for picking up her mail. Afterward, she gives you $20 and refuses change. She actually gave you two twenties that were.

Foundations of Business

Ethics and Social Reasonability

CHAPTER 3: ETHICS AND CORPORATE SOCIAL RESPONSIBILITY

Business Ethics Lesson 1.

Presentation transcript:

Ethics and Social Responsibility ©William Klinger. This work is licensed under a Creative Commons Attribution 4.0 license Adapted from Fundamentals of Business Download this book for free at: https://vtechworks.lib.vt.edu/handle/10919/84848

Review What are the major economics systems? How do we know how well the economy is doing? How does the government try to affect the economy? Explain supply and demand curves. What are the different types of competition? What causes inflation?

Learning Objectives Deﬁne business ethics. Explain why we study business ethics. Identify ethical issues. Identify steps to maintain honesty and integrity in a business environment. Deﬁne corporate social responsibility Learn how to identify an ethical organization. Learn how to avoid an ethical lapse. Download this book for free at: ttp://hdl.handle.net/10919/70961

Business Ethics Ethics Business ethics Why study it? Knowing right from wrong Knowing when one is doing right or wrong Business ethics Acting ethical in a business context Why study it? Can you teach someone to act ethically?

Business Ethics Ethical issues Ethical dilemmas Examples Involve some controversy over right and wrong Ethical dilemmas Right course of action is unclear Examples Is it ok to accept a gift from a supplier? Is it ok to renege on a verbal commitment? Is it ok to give a contract to a relative?

Identifying Ethical Issues and Dilemmas Conflicts of interest Personal interest vs. company E.g. Insider trading Conflicts of loyalty Friend or family vs. company Bribes vs. gifts Whistle-blowing

Social Responsibility to Stakeholders Owners (shareholders) Increase value Provide accurate information Managers Fiduciary responsibility to owners Potential conflict of interest Employees Wages & benefits Safety & health

Social Responsibility to Stakeholders Customers Legal right to safe products Complete information Choice Be heard Communities Philanthropy

Recognizing Unethical Behavior Feel uneasy about work Object to how treated Uncomfortable how others treated Question appropriateness of decisions Examples Sexual harassment “Adjust” the books

Approach to Ethical Dilemmas Identify the problem Identify options Evaluate effects on stakeholders Establish criteria for decision Select best option

Ethical Decisions Download this book for free at: ttp://hdl.handle.net/10919/70961

Ethical Decisions Refuse to rationalize” “Behavior isn’t really illegal or immoral” “It’s in everyone’s best interest” “No one will find out” “The company will protect me”