Business Ethics

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Uniting Us As One VALUES

UNITY

: Unite we stand divide we fall. COMMUNITY :

Is a compelling dimension of the global business environment, creating demands, on international managers to take a positive position on issues of :

Social responsibility and ethical behavior. Economic development in host countries. Ecological protection around the world.

Poverty and lack of equal opportunity around the world. The environment Consumer concern Employee safety and welfare

INTRODUCTION
Managers are usually quite concerned about these issues namely : public interest group legal and governmental concern media coverage

MNCs are always concerned about the decision taken by them which are effecting the activities of the other countries.

Domestic firms are always in a dilemma between two extremes.

To make profit

Social Need and Solving them

Ethics
Social responsibility Values priority

Pro-active

Organization accepts responsibilty beyond its legal requirement and attempts to establish a positive association within the environment. Re-active

Ethical Responsibility : Being ethical in doing what is right and fair. Legal Responsibility : Obeying the law. Economic responsibility : Be profitable.

Philanthropic :
Being good corporate citizen.

( SIMILAR TO MASLOWS HIERARCHY OF NEEDS )

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