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BUSINESS ETHICS.

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Presentation on theme: "BUSINESS ETHICS."— Presentation transcript:

1 BUSINESS ETHICS

2 What is business ethics?
Ethics are principles or standards of human conduct, sometimes called morals. Business ethics is ethics applied to the business environment in order to study the moral and ethical issues related to it. The term’ ethics’ origins from the Greek word Ethos meaning human character It refers to the philosophical science that deals with the rightness and wrongness of human actions.

3 Why Is Business Ethics Important ?
According to John F. Akers, former board chair of IBM, ‘Ethics and competitiveness are inseparable.’ It makes good business sense for managers to be ethical. Unless they are ethical, companies cannot be competitive in either national or international markets.

4 FAQs on Business Ethics
What is business ethics ? What relevance does ethics have to business? Are business ethics, corporate responsibility and sustainability different? What is the difference between business ethics and an ethical business? Who in a company is responsible for business ethics? What are ethical dilemmas?


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