BUSINESS ETHICS

3 L ec t u re s + 1
Tutorial /
Week
 Course Assessment Model

Marks break up
• Attendance 5
• CA (One best out of two tests) 20
• MTE 25
• ETE 50
• Total 100
 Overview of Course Contents
• Ethics and morals
• Evolution and classification of ethics, ethics as Moral
values, Law versus ethics Unit
• Eastern and Western Ethical Thought and Business
Practices
• Doctrines, Dogmas and Business
• Application of Ethical Standards to Human Resource
• Application of Ethical Standards to Finance
• Application of Ethical Standards to Marketing
• On the Billboard in marketplace
 Text Book
• BUSINESS ETHICS: PRINCIPLES AND
PRACTICES by DANIEL ALBUQUERQUE
 Ethics

The Discipline
dealing with
what is good
and bad and
with moral duty
and obligation.
 Morals & Ethics
• Moral—moralis (Italian)--- Customs.
• Morals refers to a behavior that is accepted or
rejected due to an accepted social custom.
• Ethics– ethike (Greek)—ethos or customs or
Character.
• Ethics is a systematic study of moral behavior
which defines when one’s actions are moral
and when they are immoral.
 Business Ethics
• The principles or standards that determine
acceptable conduct in business organizations.
• It is a form of Professional ethics that
examines ethical principles and morals or
ethical problems arising in the Business
Environment.
Constituents of Business Ethics
Management Students need to study this
course to..
Enhancing Knowledge
of the students to
encourage and
maintain ethical
Business climates.
 Ability to
develop and
enhance moral
judgment skills
of students.
How to choose an
ethical course of
action?
Treat Customers Ethically
 QUESTION..??
• You represent a company that supplies woolen
cardigans. One of your old customers places a
large order. Your natural instinct would be able
to tell him to be more realistic, since the
company’s record of supplying adequate
material is limited. You stop in your tracks
because with such a bulk order your
commission is going to soar. What would you
do?
 Question..?
• Two men came for the interview. The first man
opened the door and came in and had brilliant
credentials. When the interview was over, he
left the door open. The next day the other man
came in and shut the door behind him. His
credential were not very impressive than the
first.
Whom do you think the employer should have
given the job..??