How to be fair among people? 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]. social people. When almost everybody from top to lower management acts outside of ethical norms, the employee who feels he must do something that resorts to reporting the perceived unethical practice to outsiders such as the press, government agencies like the ombudsman and the Presidential Anti-Graft commission, or public interest groups. Public image reasons 2. Business without ethics threatens the survival of human society and in some 3. Ethics and Social Responsibility. chapter five. Boasting an impressive range of designs, they will support your presentations with inspiring background photos or videos that support your themes, set the right mood, enhance your credibility and inspire your audiences. cristina solis cristina.solis853@myci.csuci.edu april 21, 2014. what is. Do not sell or share my personal information, 1. The purpose of this study is to provide an ethical approach on how a business organization can conceptualize its responsibilities to indirect stakeholders and suggest strategic steps to adopt this approach for long-term competitive advantage. chapter 5. ethics and social responsibility. A summary using quantitative measures, whenever possible, of the extent of achievement of each social objective. A social worker shall not illegally discriminate against an individual. Business Ethics and Social Responsibility- Grade 12 - 12 ABM - Specialized Subject 1st Quarter - - Studocu "Even the greatest were beginners. Ethical Decision Making. Learning Goals. bedrifters samfunnsansvar bakenforliggende faktorer hva er csr hvorfor jobbe med csr. Write your answer in your journal under Todays date, 2023 SlideServe | Powered By DigitalOfficePro, - - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -. Business ethics are how companies conduct themselves in their practices and policies. You might even have a presentation youd like to share with others. chapter 4. ethics in business. Introduction to Business Chapter4Introduction to Business, Business Ethics and Social Responsibility Slide * of 44 Ethics is the set of principles by which you conduct yourself in society. cristina solis cristina.solis853@myci.csuci.edu april 21, 2014. what is. 14. chapter five. Social responsibility means sustaining the equilibrium between the impacts of the environment. Owners The interest of the owners (the sole proprietor, the partners, or stockholders) is expected to be of highest priority. dr. coty keller st. josephs college. Many business ethics decisions are close calls. 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. A social worker shall not provide a service Corporate Social Responsibility (CSR). 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.. We've encountered a problem, please try again. business ethics . Cochran, "The Evolution of the Corporate Social . Among the tactics used are legal maneuvering and seeking the support of groups that prefer the companys way of doing business. Instead of looking for direct correlations between social and financial performance, we hypothesize that the first result of CSR activities is the creation of trust among the stakeholders. regional unit for social & human, Corporate Social Responsibility - . Legal reasons are not behaving in an ethical manner. ETHICS AND SOCIAL RESPONSIBILITY. Corporate Social Responsibility and Business Ethics - Ubga 107: week 12 today s agenda administrative matters. - Chapter 2 Business Ethics and Social Responsibility Learning Goals Discuss how organizations shape ethical behavior. Ethics of Social Responsibility to Indirect Stakeholders: A Strategic Perspective, INVESTIGATING THE RELATIONSHIP BETWEEN CORPORATE CITIZENSHIP CULTURE AND ORGANISATIONAL PERFORMANCE IN THE MALAYSIAN CONTEXT, Why to Talk about Ethical and Responsible Business? Keywords: Corporate social responsibility, ethics, generic strategies, stakeholders. With these 4 types of CSR programs, you can take your CSR programs to the next level and ensure that you get the best value from each of them. The behavior of individuals and groups which are governed by standards, rules, and codes of conduct consist of the subjects covered by ethics. 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. chapter roadmap. Conflict of Interest: A situation occurring when anindividualororganization is involved in multipleactions, which couldpossiblycorrupt their motivation. Social Responsibility watch the following video: Ethics and Corporate Social Responsibility - . Activate your 30 day free trialto unlock unlimited reading. Social Responsibility Social responsibility is the obligation of organization's management to make decisions and take actions that will enhance the welfare and interests of society as well as the organization. Corporate Social Responsibility and Business Ethics - . study questions. chapter 4 business ethics and social responsibility section business ethics and corporate social responsibility, business ethics %26 professional responsibility. Business ethics is a set of laws about how a business should conduct itself. Get powerful tools for managing your contents. chapter 5. Reaction Strategy The company allows a condition or potential problems to go unresolved until the public finds out about it. the marketing case. Each of these areas is developing research in relative isolation. lesson 6. the body shop corporate philosophy. zeller. Business Approach to Ethics and Social Responsibility Individuals can make the difference in ethical expectations and behavior. Imagine you are the Vice President of Social Responsibility at your workplace or school. business ethics & corporate social responsibility. There are a number of companies using the proactive strategy. ethics and social responsibility in international business Description: Discuss ethics in cross-cultural and international contexts. Social Responsibility Strategies The approaches are expressed in four basic social responsibility strategies as follows: Reaction strategy Defense strategy Accommodation strategy, and Proactive strategy. ethics. Areas they cover: Honesty Adherence to the law Product Safety and quality Health and safety in the workplace Conflicts of Interest Employment Practices Selling and marketing practices Financial reporting Pricing, billing, and contracting Trading in securities/using confidential information Acquiring and using information about competitors Security Payments to obtain business Political activities Protections of the environment. In the mind of the MD? The application of business ethics will help to confer and implement consumer rights. Clipping is a handy way to collect important slides you want to go back to later. This means that the company is forced to accept its economic, legal, and ethical responsibilities. And, best of all, it is completely free and easy to use. Ethics Training Learning takes two forms: Through formal classroom instruction, and Through actual hands-on experience and observation. It appears that you have an ad-blocker running. Download Now, Business Ethics and Social Responsibility, Understanding Business Ethics and Social Responsibility, Business Ethics and Social Responsibility, Business Ethics and Social Responsibility, Chapter 3: Business Ethics and Social Responsibility Business Ethics, Understanding Business Ethics and Social Responsibility, Social Responsibility and Ethics in Business, Managing Business Ethics and Social Responsibility, BUSINESS ETHICS AND SOCIAL RESPONSIBILITY, SOCIAL RESPONSIBILITY AND BUSINESS ETHICS, Corporate Social Responsibility and Business Ethics. Get powerful tools for managing your contents. 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. Doing what you think will benefit you the most. Many of them are also animated. (CSR) "is a self-regulating business model that helps a company be socially accountableto itself, its stakeholders, and the public. V. Honorable Professor Asayehgn Desta, IJMSBR Open Access Journal, Chief Editor IJMSBR, An Exploratory Study of Issues Around Irresponsible Lending and Borrowing in the UK Consumer Credit Market, Ethics in Corporate Social Responsibility, The impact of corporate social responsibility on consumer trust: the case of organic food, Organizational stages and cultural phases: a critical review and a consolidative model of corporate social responsibility development, Implementation of environmental sustainability in business: Suggestions for improvement. Ethics in Business Ethics: are a set of moral principles or values that govern behavior. Adam Smith said, "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices."[1]. The behavior of individuals and groups which are governed by standards, rules, and codes of conduct consist of the subjects covered by ethics. The SlideShare family just got bigger. 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? 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. Ethics Get into groups of 2 and make a list of personal ethics. 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 Activate your 30 day free trialto unlock unlimited reading. Tap here to review the details. BUSINESS ETHICS AND SOCIAL RESPONSIBILITY Description: CHAPTER 2. BUSINESS ETHICS AND SOCIAL RESPONSIBILITY. 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. - PowerPoint PPT Presentation TRANSCRIPT Business Ethics andSocial Responsibility Click here to review the details. theories of ethics the nature of ethical decisions. That is, if managers perceive business to work for profit maximisation so do outsiders. 1. You can read the details below. 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. 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. ideas for dealing with difficult issues. 4. Business Ethics and Social Responsibility - Click your mouse anywhere on the screen to advance the text in each slide. The text focuses on real-world ethical decision making at both the personal and policy levels and provides students with a decision-making process that can be used in any situation. Enter the email address you signed up with and we'll email you a reset link. Corporate Social Responsibilty & greening Management. Accommodation Strategy This is done when special interest groups are taking the side of the opposition, or when the business perceives that if it does not react, a law will be passed by Congress to ensure compliance. - Contract Writing /Legal Business Writing - Social Media Marketing - Data entry (GoogleDocs, MS. Office Word/Excel/PowerPoint) - Recruitment, sourcing - Advertisement Posting specially thru fan pages - Facebook & Twitter Management 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. Business Ethics and Social Responsibility. Business Ethics & Social Responsibility Chapter. Changing Views of Social Responsibility Social Responsibility: the obligation that individuals or businesses have to help solve social Problems Profit Maximization During 19th and early 20th Century Trusteeship Management 1920s and 1930s Recognized that owners of businesses had obligations to do more than just earn profits Obligations to: Employees, Customers, and their creditors Social Involvement 1960s Businesses should use their influence and financial resources to address Social Problems Diversity is one big thing companies got involved in. Areas of Concern for Business Ethics Ethics covers all areas encompassed by business transactions. 2023 SlideServe | Powered By DigitalOfficePro, - - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -. The ethical conduct of a business person may be measured against how the following are adhered to: 1.Laws and regulations promulgated by the government; and 2. Whistle-Blowing There are instances when employees are helpless that they cannot implement the right ethical conduct required in specific situations. Older People Older people have distinct needs that must be the concern of business. 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 can be used to check malpractices like adulteration, unfair trade practices and to make the working of business consumer oriented. 4. Recognizing an Ethical Issue. Wartick and P.L. Questions. 7. Secondly, the perceptions do not exhibit extreme tendencies. chapter 3. chapter outline. Unit 2: Business Ethics & Social Responsibility, Social responsibility of business management ethics, 4. Business ethics & social responsibility, CORPORATE SOCIAL RESPONSIBILITY (CSR) AND ETHICS, 01 ethics and corporate social responsibility, Business Ethics and Social Responsibility, Social Responsibility and Ethics in Business, Ethics, Corporate Social Responsibility, and Sustainability, Ethics and Corporate Social Responsibility - BAF. Long-term Commitment Companies are here for the long haul. By: Mrs. Belen Apostol. Ethics Standards or rules of conduct that help us distinguish between right and wrong. We've encountered a problem, please try again. Could you disclose without qualm your decision or actions to your boss, your CEO, the board of directors, your family, and society as a whole? It appears that you have an ad-blocker running. Ethical Advocates An ethical advocate is a person who is knowledgeable about business ethics, employed by the company, and acts as the companys conscience. Ethics and Social Responsibility - . Types of Corporate Social Responsibility Programs - Wachs Strategies - Explore different types of Corporate Social Responsibility programs and how companies get involved in these programs. watch the following video: Ethics and Corporate Social Responsibility - . II. Presentation on The study found that perceptions on the orientation facets do not differ between the two groups. If so, just upload it to PowerShow.com. Australasian Marketing Journal, vol. chapter 4. ethics in business. 1. understand marketings multiple, Codes of Ethicsa document that outlines the principles of. Women The view that management must have is to regard women as a force with potentials to lead as much as to follow. ETHICS . The behavior of individuals and groups which are governed by standards, rules, and codes of conduct consist of the subjects covered by ethics. Ethical Codes A code of ethics is a formal document that provides clear direction to management and employees in the performance of their duties. Communities Companies perform better in healthy communities. A report of specific programs and the priorities for each set of activities. Our product offerings include millions of PowerPoint templates, diagrams, animated 3D characters and more. Academia.edu uses cookies to personalize content, tailor ads and improve the user experience. Natural Environment treat the environment with respect. Principles of CSR Charity Principle: The wealthy have a responsibility to the poor. glen kurokawa, b.sc., j.d. _HAMEER final cv(1).docx. 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. corporate social responsibility csr this concept appeared in 1960s and is defined. Business Ethics: The principles and standards that define acceptable conduct in business Social Responsibility: A business's obligation to maximize its positive impact and minimize its negative impact on society. chapter 4. learning objectives. Looks like youve clipped this slide to already. Company must ensure that society benefits from their actions, rather than being hurt by them. 1. understand marketings multiple, Laws and regulations requiring ethical behavior, Coverage of Company Sponsored Ethics Program. Corporate Social Responsibility (CSR) 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. Here are your Groups Group 1 Group 2 Aubrey Anselmo Linh Dang Chandler Fish Josh Gray Taylor Carper Ashley Davis Terry Forward Ashley Kleine, Here are your Groups Group 3 Group 4 Ryan Morey Jamie Reynolds Karlye Staggs Kyle Reeser Kelly Yaklin Kyle Thick Matt Richardson Kendyl Staggs Katie Thiel, Laws Relating to Ethics in Business Competitive Behavior Consumer Protection Environmental Protection, Competitive Behavior All Companies operating in U.S. must abide by these laws The Sherman Act Illegal to monopolize trade Able to compete fairly The Clayton Act 1914 Illegal to charge different prices to different wholesale customers Example: Manufacturer of Steel cannot charge one price to GM and another to Ford Bans requiring a customer to purchase a second good Hardware cannot charge for software The Wheeler-LEA Act 1938 Deceptive Acts or practices False Advertising Label consequences Example: Cigarette Boxes, Consumer Protection Food and Drugs Federal Food, Drug and Cosmetic Act Bans sale of impure, improperly labeled, falsely guaranteed, and unhealthful foods, drugs, and cosmetics Enforced by Food and Drug Administration (FDA) Consumer Products Consumer Product Safety Commission (CPSC) Establishes minimum safety standards Can force manufacturers to recall items Examples? Business Ethics/Corporate Social Responsibility Overview - . Enter the email address you signed up with and we'll email you a reset link. standards of moral behaviour, that is, behaviour that is accepted by society. Farwa Khizar Khan BITF13529. The third edition features thoroughly updated statistics and coverage of timely issues and dilemmas throughout the text. 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. A summary report of the costs of each program area and activity to the company 5. Create stunning presentation online in just 3 steps. We've updated our privacy policy. The Improvement of Ethical Performance Improvement in the ethical conduct of business and those involved in it may be made through any of the following ways: Ethics training Ethical advocates Ethical codes; and Whistle blowing. ethics. Well convert it to an HTML5 slideshow that includes all the media types youve already added: audio, video, music, pictures, animations and transition effects. Defense Strategy The company tries to minimize or avoid additional obligations. Obstructionist Fight Social demands, meet economic requirements only. In tandem with its conceptual framework, the study classifies existing implications of responsible corporate action towards indirect stakeholders among cost leadership, differentiation, and focus strategies. Explain the concepts of business ethics and social responsibility Describe the factors that influence business ethics. environment planet. PowerShow.com is brought to you by CrystalGraphics, the award-winning developer and market-leading publisher of rich-media enhancement products for presentations. Business Ethics/Corporate Social Responsibility Overview - . Employees Among the specific points of interest in caring about employees are: Health and safety; Appropriate salaries and employee benefits; Right to speak out; Right to privacy; and Right to job security except when discipline is concerned.