Business Ethics and Social Responsibility Sanjay Mishra Follow Advertisement Recommended CORPORATE SOCIAL RESPONSIBILITY (CSR) AND ETHICS Aenil Mehta 1.8k views 23 slides 01 ethics and corporate social responsibility Nimantha Perera 4.5k views 31 slides business ethics in a global economy jcpham 13.6k views 27 slides This paper discusses the options for implementing 'sustainable' environmental business strategies that are acceptable to a multiplicity of stakeholders. CSR Strategies Proactive Strategy Take a Leadership role in any SR initiative, meet all criteria at all times. the marketing case. )_Ethics & Business: Sustainability, Social Responsibility and Ethical Instruments, [Samuel_O._Idowu,_Celine_Louche]_Theory_and_Practi(BookFi.org).pdf, Business Ethics Concepts, Cases, and Canadian Perspectives, BUSINESS ETHICS TEXT BOOK PROF DR C KARTHIKEYAN PDF[1], Can shared value achieve competitive advantage within the private sector? Whom could your decision or action injure? Business Ethics and Social Responsibility. Business Ethics and Social Responsibility - 2. chapter. ethics refers to the study of morals and moral. As a group you are going to come to group decision as how you would handle this. - PowerPoint PPT presentation Number of Views: 2493 Avg rating:3.0/5.0 Slides: 28 Provided by: TracyTu3 Category: classical view of social responsibility. In the mind of the MD? INFORMATION TECHNOLOGY Can help individuals decide on the best course of action in situations where they aren't sure what to do. chapter five. Common Ethical Problems Faced by Managers 1) Discrimination 2) Sexual Harassment 3) Conflicts of Interest: bribes or kickbacks, or extraordinary gifts for a decision made, favouritism.4) Customer Confidence: manager has confidential information about a customer and shares it with others. The SlideShare family just got bigger. Strategy, Ethics and Social Responsibility - . Ethics. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. ethics. ISBN: 9781003056195. If the business person does not adhere to ethical principles, public opinion may pressure the government to act. Current Issues in Ethics Owners of food stalls serving spoiled food to customers; Business owners making fictitious insurance claims; School awarding diplomas to undeserving persons; A contractor bribing a government official to manipulate the bidding of contracts; A drug manufacturer making false claims regarding the efficacy of his product; and A television station copying the format of a rival stations show. We've updated our privacy policy. Corporate Social Responsibilty & greening Management. 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Under Guidance of Ethics and Social Responsibility - . regional unit for social & human, Corporate Social Responsibility - . Defensive Do the minimum legally required to satisfy legal and economic requirements after issues arise. Equal Credit Opportunity Act Cannot discriminate, Environmental Protection 1960s The National Environmental Policy Act of 1969 Key Piece Created Environmental Protection Agency (EPA) Protect Human health and safeguard the air, water and land Clean Air Act of 1970 Regulates air emissions The Toxic Substances Control Act of 1976 Track Industrial Chemicals produced or imported in US The Clean Water Act Set standards on the type and quantity of pollutants that industries put in water, Ethical Standards and Culture Standards of ethics differ around the world Here it might be ethical in U.S. but not in another country As a business manager that works internationally needs to have an understanding of ethics in different cultures, Ethical Standards and Culture Corporate Gift Giving Intellectual Property Corporate Gift Giving Differ around the world Some Cultures Gifts are expected and if you dont bring one it is an insult Japan United States government officials cannot accept gifts from businesses Refers to ownership of Property Inventions Books Movies Computer Programs Creators have exclusive right to market and sell their work. managing business ethics and social responsibility, social responsibility and ethics in business, 1 - business ethics and social responsibility, unit 2: business ethics & social responsibility, business ethics and social responsibility. dr. gehan shanmuganathan , (dba). Whistleblower: A person who tells the public or someone in authority about alleged dishonest or illegal activities occurring in an organization or the government Greenwashing: The deceptive use of environmentally friendly PR in order to promote a misleading perception, Business Ethics Terms Cont Fraud: Deception deliberately practiced in order to secure unfair or unlawful gain. ETHICS AND SOCIAL RESPONSIBILITY. Business Ethics The code of moral principles and values that govern the behaviors of a person or group with respect to what is right or wrong within a Business. Business Ethics and Social Responsibility - Click your mouse anywhere on the screen to advance the text in each slide. administrative matters, Ethics and Corporate Responsibility - . Business ethics can be defined as written and unwritten codes of principles and values that govern decisions and actions within a company. theories and principles of ethics moral languages, Ethics and Social Responsibility - Bell activity 9/30 ethics why should businesses be concerned with ethics? A code of ethics communicates the purpose, values, and objectives of a business and outlines expected behaviour for employees. Predatory Dumping: An anti-competitive business practice in which foreign companies price their products below market value to increase sales and force domestic competition out of business, then raise their prices. Ethics and Social Responsibility - . The authors propose several directions for research into substantive issues between ethical behaviour, corporate social responsibility and environmentally sustainable behaviour for business. Interested Groups There are various groups with interests that are different from one another. II. Ethics Get into groups of 2 and make a list of personal ethics. NGOs may centre on trade, education, youth, improving the environment, human rights, or other issues. Uploaded on Oct 25, 2014 Lars Gentry business social responsibility Create stunning presentation online in just 3 steps. Reputation Concern for their reputation, Benefits and Drawbacks of CSR Benefits of CSR Can be used as a marketing tool Dissuades governments from implementing regulations that could interfere with business Helps companies attract and retain excellent employees Criticisms of CSR Costs money, detracts from profits Uses employees time and energy Can distract customers from problems a company creates A company may act ethically in one country, but not in another. The Need for Ethical Behavior Ethical behavior is needed to make the playing field free and orderly. ethical values, Ethics and Social Responsibility - . Free access to premium services like Tuneln, Mubi and more. The use of green marketing is illustrated. Business ethics focuses on what constitutes right or wrong behavior in the world of business. classical view of social responsibility. business ethics & social responsibility doing the right corporate social responsibility and business ethics, business ethics & professional responsibility. Business ethics is a set of laws about how a business should conduct itself. Ethics and Social Responsibility - . Learning Goals. To learn more, view ourPrivacy Policy. watch the following video: Ethics and Corporate Social Responsibility - . Workplace and HR issues. is, Ethics and Social Responsibility - . chapter 3: business ethics and social responsibility social responsibility and business ethics, 947516 business ethics and professional responsibility. A report of specific programs and the priorities for each set of activities. By using our site, you agree to our collection of information through the use of cookies. The third edition of Business Ethics: Decision Making for Personal Integrity and Social Responsibility, by Hartman, DesJardins, and MacDonald, offers a comprehensive, accessible, and practical introduction to the ethical issues arising in business. chapter 5 topics. Free access to premium services like Tuneln, Mubi and more. An Obligation of an Organization to act in ways that serve both its own interests and the interests of its many clients, investors and the community at large. What is Social Responsibility Social responsibility refers to the concern of business for the welfare of the society. chapter roadmap. Secondly, the perceptions do not exhibit extreme tendencies. Contents. By: Mrs. Belen Apostol. We've updated our privacy policy. environment planet. Each of these areas is developing research in relative isolation. 2. 1. understand marketings multiple, Codes of Ethicsa document that outlines the principles of. Are you confident that your position will be as valid over a long period of time as it seems now? 2023 SlideServe | Powered By DigitalOfficePro, - - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -. Ethics and Social Responsibility - . An Australian Study. I like this service www.HelpWriting.net from Academic Writers. Ethical Decision Making. Social Responsibility corporate social responsibility csr this concept appeared in 1960s and is defined. Convincing yourself nobody will ever find out Convincing yourself that the organization will protect you. Measuring Social Responsibility Social Audit: a review of a businesss social responsiveness. Social Audits A social audit refers to the systematic examination of all the activities achieving social goals such as employment of the handicapped and those belonging to the cultural minorities, adaption of anti-pollution campaign, improvement of working conditions, community development, donations to worthy causes, and various consumer issues. Ethical Standards Social Workers' Ethical Responsibilities to Clients Commitment to Clients Self-Determination Informed Consent SOCIAL RESPONSIBILITY AND BUSINESS ETHICS. To browse Academia.edu and the wider internet faster and more securely, please take a few seconds toupgrade your browser. Disclaimer: Views expressed here are By definition, business ethics refers to the standards for morally right and wrong conduct in business. Business Approach to Ethics and Social Responsibility Individuals can make the difference in ethical expectations and behavior. Importance of Ethics Everyone has Personal Ethics Helps decide in different situations Businesses need ethics in order to know how to behavealso Business Ethics reflect companies beliefs What Actions are appropriate? Get powerful tools for managing your contents. A number of business and political misdemeanors have rocked the consciousness of people in different countries. . the marketing case. Bharat corporate social responsibility (csr) sustained. Cultural Relativism A view of culture based on the idea that a cultures different values should be respected, as the ethics of one culture are not better than those of another. where do, Social Responsibility and Managerial Ethics - . Long-term Commitment Companies are here for the long haul. Then you are explain to the class what you situation is and how you would handle it When you are done in your group Write in your Journal Todays Date Would you have done things differently as an individual. 19, no. business ethics & corporate social responsibility. Business Ethics/Corporate Social Responsibility Overview - . ETHICS AND SOCIAL RESPONSIBILITY By: Mrs. Belen Apostol. We've updated our privacy policy. what is ethical behavior? Communities Companies perform better in healthy communities. This is undertaken through sponsorship of cultural shows offered free to the public, scholarship to financially-handicapped but deserving students, providing financial support to the upkeep of endangered animal species, and many other similar concerns. Proactive Strategy the firm goes beyond what is legally and ethically required. You can read the details below. Stakeholder thinking in three models of management morality: a perspective with strategic implications, Measuring the Ethical Quotient of Corporations: The Case of Small And Medium Enterprises in India, Textbook for Professional Ethics and Human Values (1), Buku 1 business ethics third edition laurap 140926035658 phpapp, Business and Business OrientatiOn: a PercePtiOn study Of 'insiders' and 'Outsiders', Professional Ethics and Human Values by R.S NAAGARAZAN(1), Professional Ethics and Human Values by R.S NAAGARAZAN, Business Ethics Concepts, Cases, and Canadian Perspectives, BUSINESS ETHICS TEXT BOOK PROF DR C KARTHIKEYAN PDF[1]. - Managing Interdependence: Social Responsibility and Ethics Chapter 2 Chapter 2 - Overview The Social Responsibility of MNCs Ethics in Global Management Managing Management Ethics and Social Responsibility. What is corporate social responsibility all about? define ethics, Ethics and Social Responsibility - . Consumers Consumers, like any other group, have rights. Global Ethics There are two methods of thinking about ethical issues in a global context: Ethical Imperialism A view of culture based on the idea that there are certain universal truths or values that are standard across all cultures; if something is wrong in one country, it is wrong in all countries. While internal and direct stakeholders attract increasing attention from corporate managers, indirect stakeholders have usually been neglected by the practitioners. Sustainable developmentthe ability to meet human consumption while maintaining the environmentis a critical issue for businesses Sweatshops: Factories in underdeveloped and developing countries in which employees work in unsafe environments, are treated unfairly, and have no chance to address those conditions, Business Ethics Terms Cont.. By using our site, you agree to our collection of information through the use of cookies. Looks like youve clipped this slide to already. ideas for dealing with difficult issues. Click here to review the details. Following the literature on stakeholder management, a firms stakeholders can be grouped into three classes on the basis of their positions in organizational environment, as internal, direct, and indirect stakeholders. by: mrs. belen apostol. chapter 5. ethics and social responsibility. Social responsibility means sustaining the equilibrium between the impacts of the environment. chapter 5. behaviour of business and the treatment of stakeholders Code of Ethics: Managing Interdependence Social Responsibility and Ethics. 1. understand marketings multiple, Laws and regulations requiring ethical behavior, Coverage of Company Sponsored Ethics Program. These interests must be properly considered by the business firm it will have to be successful. It appears that you have an ad-blocker running. Ethics refers to the study of morals and moral choices of human being. Consequences of management decisions affect more people and Earthsoft foundation of guidance presents -Ownership-and-responsibility, - Ownership, Responsibility, Behavior, Ethics, etiquette, time management, 1st part Ethics Elements Serious Thoughts in a Cartoon. that the firm must perform its function without harming the community improve the quality of life produce goods or services that will not adversely affect any component of the society make profits but not to the public detriment of society. Social Responsibility and Ethics in Business and Marketing by Lessons for Marketing and Entrepreneurship 5.0 (12) $7.50 PPTX This unit explains how marketing benefits society by solving problems and improving our standard of living. This means that the company is forced to accept its economic, legal, and ethical responsibilities. 0. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. Prof. Dr. Kamath. chapter five. Social Responsibility and Managerial Ethics - . - The 1st part of this document covers through animated cartoons, the various principles of ethics and professional conduct that apply to nursing. Create stunning presentation online in just 3 steps. chapter 5. l e a r n i n g o u t l i n e follow this learning outline as, Business Ethics and Social Responsibility - . Specific ethical conduct not yet passed into law. And, again, its all free. You can read the details below. Doing what you think will benefit you the most. Wartick and P.L. Behaving Honestly Many situations the ethical course of action is clear cut Employee Theft Embezzle Money Steal supplies Take Bribes Submit false expense reports Dont lie about the hours Never falsify documents, Sarbanes-Oxley Act of 2002 2001- Enron Corporation Worlds largest traders in gas, electricity, etc Collapsed in a scandal Declared bankruptcy Crimes Deceiving investors Inflating profits Hiding debts Arthur Anderson convicted of Obstructing Justice WorldCom Improperly booked over 7 billion in profits President Bush signed Contains important rules affecting the reporting and corporate governance of public companies and their directors and officers Major provisions Periodic Reports filed with SEC Prohibits most loans to directors in beneficial ownership within 2 days after a transaction has been executed. The modern manager must have multiple abilities and an open mind if he wants to succeed in his endeavor. In the book the code of ethics? When a problem is brought before the company, the firms reacts by denying responsibility, then attempts to resolve the problem, deal with its consequences, then continue doing business to minimize the negative impact. BUSINESS ETHICS AND SOCIAL RESPONSIBILITY Description: CHAPTER 2. BUSINESS ETHICS AND SOCIAL RESPONSIBILITY. The findings further suggest that intermediate variables between CSP and Corporate Financial Performance (CFP) may best support a business case for CSR. Call Number: Routledge e-book. chapter 4. ethics in business. In the business world, the organizations culture sets standards for determining the difference between good and bad decision making and behavior. - PowerPoint PPT presentation Number of Views: 3694 Avg rating:3.0/5.0 Slides: 30 Provided by: jmichaelb Learn more at: http://www.wright.edu Strategy, Ethics and Social Responsibility - . Uploaded on Mar 25, 2012. Benefits and costs of Social Actions Costs The money spent in direct support of social projects; Reduction of competitive power; and The private provision of social services and programs may later on, be also regulated by the government. The inner-guiding moral principles, values, and, Ethical Dilemma deciding whether to do the, Ethical beliefs lead to the development of laws, Laws can change or disappear as ethical beliefs, People and groups affected by the way a company, Supply a company with its productive resources, When the law does not specify how companies, Does my decision fall within the acceptable, Am I willing to see the decision communicated to, Would the people with whom I have a significant, The relentless pursuit of self-interest can lead, When one or more people start to profit from, Trust willingness of a person or group to have, Way a company views its duty or obligation to, Demonstrating its social responsibility helps a, If all companies in a society act socially, Ethical values and norms help organizational, Realize they are part of something bigger than.
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