Preview

Business Ethics

Good Essays
Open Document
Open Document
7229 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Ethics
National Institute of Fashion Technology
HYDERABAD
Master of Fashion Management (2013-15)
PROFESSIONAL PRACTICES
REPORT ON: BUSINESS ETHICS

SUBMITTED BY: SANTHI BIJU (30)

SUBMITTED TO: PROF. ANNAJI SHARMA
EXECUTIVE SUMMARY

Business ethics (also corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. Business ethics has both normative and descriptive dimensions. As a corporate practice and a career specialization, the field is primarily normative.
Ethics is a branch of philosophy and is considered as normative science because it is concerned with norms of human beings. Business ethics has evolved through time and across disciplines into a discipline that is one of the most important topics in the field of business. business ethics from a managerial perspective can be defined as ‘decisions about what is right or wrong (acceptable or unacceptable) in the organizational context of planning and implementing business activities in a global business environment to benefit: organizational performance, individual achievement in the workplace, social acceptance and approval of peers and coworkers in the organization as well as responding

You May Also Find These Documents Helpful

  • Powerful Essays

    Business Ethics

    • 1334 Words
    • 6 Pages

    Question 1: What is the moral point of view and why is it important? Does it make sense to say that business people must operate from the perspective of the moral point of view? Why, or why not?…

    • 1334 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Flexible work timings

    • 1540 Words
    • 7 Pages

    Business ethics is a form of principles or professional standards that examines problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations.…

    • 1540 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Task 310.2.1-05

    • 675 Words
    • 3 Pages

    Business ethics can be defined as “written and unwritten codes of principles and values that govern decisions and actions within a company.” (Love to Know, n.d.) Behaving ethically is extremely important for businesses in order to cultivate an image of responsibility and grow a loyal customer base. Companies have a moral obligation to help the communities from which they profit to grow and prosper.…

    • 675 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Ethics Paper Wk.2

    • 673 Words
    • 3 Pages

    Business Ethics is a form of ethics, which examines the ethical principles, and moral problems that occur in a business. Ethics plays an extremely vital role in business today due because of policies, procedures, and practices. Policies are in place to administer order and structure in an organization. Employees oftentimes undermine these rules and regulations due to acquiring a little or no respect for his or her supervisors and the management team.…

    • 673 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Code of Ethics

    • 1169 Words
    • 5 Pages

    Business ethics (also corporate ethics) is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of…

    • 1169 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Business ethics is the accepted set of moral values and corporate standards of conduct in a business organization. The specifics of what this actually means can vary from one organization to another.…

    • 2659 Words
    • 11 Pages
    Powerful Essays
  • Better Essays

    Unit 37 P1

    • 1457 Words
    • 4 Pages

    Business ethics can be defined as the accepted set of moral values and corporate standards of conduct in a business organization (business.lovetoknow.com)…

    • 1457 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Business ethics refer to what is regarded as right or wrong in relation to business behaviour.…

    • 681 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Northcentral

    • 1600 Words
    • 7 Pages

    Business ethics is a form of applied ethics or professional ethics that examines ethical principles and moral or ethical problems that arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations (Free Encyclopedia). The term business ethics is used in many ways, and the history of business ethics has varied based on how a person or company conceives of the objects under discussion. In a wide sense ethics in business is just the actions or applications of everyday ethical or moral norms and or decisions in business. Construed broadly as moral reflection on commerce, business ethics is probably as old as trade itself. If law, is a rough guide to widely-held moral intuitions (Goodin, R.1985).…

    • 1600 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Business Ethics

    • 943 Words
    • 4 Pages

    Shaw and Barry distinguish two different forms of utilitarianism. What are these two forms? Briefly describe each and use examples.…

    • 943 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Powerpoint

    • 1141 Words
    • 5 Pages

    What is Business Ethics? Business Ethics is the behavior that a business adheres to in its daily dealings with the world. The ethics of a particular business can be diverse. They apply not only to how the business interacts with the world at large, but also to their one-on-one dealings with a single customer. In the body of the essay will get into the importance of business, weaknesses of a business, and 5 strengths for a business and how to make the strength better (Center 2012).…

    • 1141 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Business Ethics Quiz

    • 856 Words
    • 5 Pages

    Business ethics is the study of what constitutes right and wrong, or good and bad, human conduct in a business context.…

    • 856 Words
    • 5 Pages
    Satisfactory Essays
  • Good Essays

    Business ethics is the critical structured examination of how people and institutions should behave in the world of commerce. In particular it involves examining appropriate constraints on the pursuit of self interest, or for firms profit maximisation when actions of individuals or firms affect others.…

    • 909 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Business Ethics can be defined as the study and evaluation of decision making by businesses according to moral concepts and judgments. Ethical issues range from a company’s obligation to be honest with its customers to a company’s responsibility to preserve the environment and protect employee rights. Ethics includes the need to produce a reasonable profit for the company’s shareholders with honesty in business practices, safety in the workplace, and larger environmental and social issues. Business ethics calls for an awareness of social responsibility and this includes addressing social problems such as poverty, crime, environmental protection, equal rights, public health, and improving education.…

    • 1024 Words
    • 5 Pages
    Better Essays
  • Best Essays

    Business ethics can be defined as written and unwritten codes of principles and values that govern decisions and actions within a company. In the business world, the organization's culture sets standards for determining the difference between good and bad decision making and behavior. In the most basic terms, a definition for business ethics boils down to knowing the difference between right and wrong and choosing to do what is right. The phrase 'business ethics' can be used to describe the actions of individuals within an organization, as well as the organization as a whole.…

    • 1409 Words
    • 5 Pages
    Best Essays

Related Topics