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The current time can be described as a period of protests and public anger not only in political space but also against business. part 1. unit outcomes. Social responsibility means sustaining the equilibrium between the impacts of the environment. By using our site, you agree to our collection of information through the use of cookies. definitions of csr. Why it is important to use the right Wooden Flooring Accesssories? what do we mean by business ethics? It may turn out, later, that the business person will be in a worse situation then when no law is passed to force him to act ethically. Whom could your decision or action injure? ISBN: 9781003056195. Social Audits 3. Create stunning presentation online in just 3 steps. Business Ethics/Corporate Social Responsibility Overview - . There are a number of companies using the proactive strategy. 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. 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. Ronald The Handicapped The firms management must be responsible for removing hazards and obstacles which prevent them from doing their jobs effectively. 0. learning objectives. Chapter 2 Stakeholder Relationships, Social Responsibility, & Corporate Gover Unit 2: Business Ethics & Social Responsibility, Social Responsibility and Ethics in Business, Al-azhar University - faculty of commerce, Chapter 1: The Importance of Business Ethics, Social Responsibilities of business & business ethics, Business ethics and social responsibility, SOCIAL RESPONSIBILITY OF BUSINESS ORGANISATION. 2023 SlideServe | Powered By DigitalOfficePro, - - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -. Dumping:Selling products in a foreign country below the cost of production or below the price in the home country. chapter 4 business ethics and social responsibility section business ethics and corporate social responsibility, business ethics %26 professional responsibility. 7. ethics and social responsibility in international business Description: Discuss ethics in cross-cultural and international contexts. Many business ethics decisions are close calls. the marketing case. fPractical Lessons From Business Ethics Research a) Ethical Hot Spots: Research reveals that employees from all levels across industries performed at least one illegal or unethical act from a list of 25 questionable practices. Now customize the name of a clipboard to store your clips. Ethics and Social Responsibility - . You can download the paper by clicking the button above. Learning Goals. behaviour of business and the treatment of stakeholders Code of Ethics: Managing Interdependence Social Responsibility and Ethics. Giving meaning to ethics and responsibility in business, The role of corporate citizenship values in promoting corporate social performance: towards a conceptual model and a research agenda, Economic Inequality as an Obstacle to Development, National and Global Perspectives of Corporate Social Responsibility, Viability of Ethical Business Practices in Today's Competition in India: An Empirical Review, Corporate Social Responsibility and the Evolution of Internal Corporate Social Responsibility in 21st Century, Implanting sustainability in business strategies: CSR, ethics or the law, Corporate Governance and International Business, Buku 1 business ethics third edition laurap 140926035658 phpapp, CORPORATE SOCIAL RESPONSIBILITY A ROLE IN GOVERNMENT POLICY AND REGULATION, Socially Responsible Behavior: Developing virtue in organizations, Corporate Governance and Corporate Social Responsibility: Discretion to Obligation, Business and Business OrientatiOn: a PercePtiOn study Of 'insiders' and 'Outsiders', Stakeholder Management Paradoxes from the Perspective of Normative, Descriptive and Instrumental Approach. Can you discuss the problem with the affected parties before you make your decision? chapter 5. l e a r n i n g o u t l i n e follow this learning outline as, Business Ethics and Social Responsibility - . artificialintelligencepresentation-160725075157 (1) (1).pptx, TurnerDiamond_Assignment-PublishingCompanyPitch.docx, Group 1 2nd class group discussion-1.pptx, No public clipboards found for this slide, Enjoy access to millions of presentations, documents, ebooks, audiobooks, magazines, and more. Interested Groups There are various groups with interests that are different from one another. 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. 3. 2. managing business ethics and social responsibility, social responsibility and ethics in business, 1 - business ethics and social responsibility, unit 2: business ethics & social responsibility, business ethics and social responsibility. It has millions of presentations already uploaded and available with 1,000s more being uploaded by its users every day. ethics set of moral principles or values that, Ethics and Social Responsibility - . Secondly, the perceptions do not exhibit extreme tendencies. Measuring Social Responsibility Social Audit: a review of a businesss social responsiveness. overview of ethics. Keywords: Corporate social responsibility, ethics, generic strategies, stakeholders. Older People Older people have distinct needs that must be the concern of business. Many of them are highly qualified and able to perform special tasks which younger persons cannot do. 1. understand marketings multiple, Laws and regulations requiring ethical behavior, Coverage of Company Sponsored Ethics Program. Wartick and P.L. Do not sell or share my personal information, 1. environmentally friendly, diversity, charity, earning a profit. Business Ethics and Social Responsibility. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Chapter 05 Managerial Ethics and Corporate Social Responsibility. A survey conducted on consumers of organic products provided support for our hypothesis, showing that CSP influences consumer trust and that that trust in turn influences consumers' subsequent actions. A number of business and political misdemeanors have rocked the consciousness of people in different countries. 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. Behaving Honestly Many situations the ethical course of action is clear cut Employee Theft Embezzle Money Steal supplies Take Bribes Submit false expense reports Dont lie about the hours Never falsify documents, Sarbanes-Oxley Act of 2002 2001- Enron Corporation Worlds largest traders in gas, electricity, etc Collapsed in a scandal Declared bankruptcy Crimes Deceiving investors Inflating profits Hiding debts Arthur Anderson convicted of Obstructing Justice WorldCom Improperly booked over 7 billion in profits President Bush signed Contains important rules affecting the reporting and corporate governance of public companies and their directors and officers Major provisions Periodic Reports filed with SEC Prohibits most loans to directors in beneficial ownership within 2 days after a transaction has been executed. Looks like youve clipped this slide to already. Strategy, Ethics and Social Responsibility - . 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. Corporate Social Responsibility. Some people believe that if a company produces goods that benefit society, it is fulfilling its social responsibility. Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. Winner of the Standing Ovation Award for Best PowerPoint Templates from Presentations Magazine. 3. Codes of Ethicsa document that outlines the principles of conduct to be used in making decision within an organization. Business Ethics and Social Responsibility - Click your mouse anywhere on the screen to advance the text in each slide. The moral principles defining right and wrong behavior of businesspersons and their agents It implores them to adhere to certain ethical conduct when dealing with anybody especially those affected by their business activities. CONCEPTS & THEORIES OF BUSINESS ETHICS VALUES Basic convictions that a specific mode of . Our new CrystalGraphics Chart and Diagram Slides for PowerPoint is a collection of over 1000 impressively designed data-driven chart and editable diagram s guaranteed to impress any audience. BUSINESS ETHICS AND SOCIAL RESPONSIBILITY Description: CHAPTER 2. BUSINESS ETHICS AND SOCIAL RESPONSIBILITY. - Precarisation and social ethics . Ethics. When a problem is brought before the company, the firms reacts by denying responsibility, then attempts to resolve the problem, deal with its consequences, then continue doing business to minimize the negative impact. Contents. 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? 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? Stakeholders. cristina solis cristina.solis853@myci.csuci.edu april 21, 2014. what is. Business Ethics Terms Stakeholders: People who have a vested interest and are affected by the actions of a business. Create stunning presentation online in just 3 steps. PowerPoint presentation 'Business Ethics and Social Responsibility' is the property of its rightful owner. is, Ethics and Social Responsibility - . Reputation Concern for their reputation, Benefits and Drawbacks of CSR Benefits of CSR Can be used as a marketing tool Dissuades governments from implementing regulations that could interfere with business Helps companies attract and retain excellent employees Criticisms of CSR Costs money, detracts from profits Uses employees time and energy Can distract customers from problems a company creates A company may act ethically in one country, but not in another. chapter five. PowerShow.com is a leading presentation sharing website. ETHICS AND SOCIAL RESPONSIBILITY. NGOs may centre on trade, education, youth, improving the environment, human rights, or other issues. Alien Tort Claims Act . Slide PPT. Activate your 30 day free trialto unlock unlimited reading. business ethics & social responsibility doing the right corporate social responsibility and business ethics, business ethics & professional responsibility. Corporate Social Responsibility - An introduction to utilising and maximising benefit of corporate social responsibility. The behavior of individuals and groups which are governed by standards, rules, and codes of conduct consist of the subjects covered by ethics. Pragmatic reasons cases, destroys the fiduciary relationships 4. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. ideas for dealing with difficult issues. classical view of social responsibility. Accommodative Do the minimum ethically required, satisfy legal and economic requirements but thats it. He sits at the board of directors and sees to it that every policy adapted conforms to ethical standards. Ethics and Social Responsibility - . chapter five. regional unit for social & human, Corporate Social Responsibility - . How would you define the problem if you stood on the other side of the fence? Prathamesh Learning Objectives. Click here to review the details. Learning Objectives Explain why ethics are important in business Describe a code of ethics Discuss Ethical Dilemmas Describe Laws that deal with ethical issues Explain the change in corporations views of social responsibility Describe the ways in which businesses demonstrate their social responsibility. The PowerPoint PPT presentation: "Ethics and Social Responsibility" is the property of its rightful owner. Minority Groups Management must avoid treating them outright as inferior so as not to affect their employment and promotion chances. zeller. chapter roadmap. 4. What is Social Responsibility Social responsibility refers to the concern of business for the welfare of the society. Chapter-03 Ethics and Corporate Social Responsibility - . Activate your 30 day free trialto continue reading. chapter 5 topics. 2. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. Ethics Get into groups of 2 and make a list of personal ethics. K to 12 BASIC EDUCATION CURRICULUM SENIOR HIGH SCHOOL - ACCOUNTANCY, BUSINESS AND MANAGEMENT (ABM) SPECIALIZED SUBJECT K to 12 Senior High School ABM Specialized Subject - Business Ethics and Social Responsibility May 2016 Page 1 of 5 Grade: 12 Course Title: Business Ethics and Social Responsibility Semester: 2nd Semester, Quarters 3 and 4 No. that the firm must perform its function without harming the community improve the quality of life produce goods or services that will not adversely affect any component of the society make profits but not to the public detriment of society. Business Ethics and Social Responsibility. Describe how businesses social responsibility Chapter 3: Ethical Behavior and Social Responsibility, - Title: Chapter 3: Ethical Behavior and Social Responsibility Author: Michael K. McCuddy Last modified by: Booth, Laura (4732) Created Date: 8/10/1998 6:37:04 PM. Business ethics enhances the law by outlining acceptable behaviors beyond government control. Ethics in Business Ethics: are a set of moral principles or values that govern behavior. What changes would you make in order to prevent unfair practices? 2023 SlideServe | Powered By DigitalOfficePro, - - - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - - -. Ethics and Social Responsibility - . Social responsibilities of business and business ethics. CSR is the onus on a business to act in the interest and for the benefit of the community whenever possiblesometimes even at the detriment of a profitable opportunity that may have adverse . Does my decision fall within the acceptable. define ethics, Ethics and Social Responsibility - . Now customize the name of a clipboard to store your clips. Corporations should engage in social issues because they have money and influence. Areas of Concern for Business Ethics Ethics covers all areas encompassed by business transactions. part 1. unit outcomes. Social Audits A social audit refers to the systematic examination of all the activities achieving social goals such as employment of the handicapped and those belonging to the cultural minorities, adaption of anti-pollution campaign, improvement of working conditions, community development, donations to worthy causes, and various consumer issues. We've encountered a problem, please try again. The findings further suggest that intermediate variables between CSP and Corporate Financial Performance (CFP) may best support a business case for 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.. Explain why ethics are important in business Describe a code of ethics Discuss Ethical Dilemmas Describe Laws that deal with ethical issues Explain the change in corporations views of social responsibility, Ethics and Social Responsibility Chapter 4. By accepting, you agree to the updated privacy policy. 0. How to be fair among people? watch the following video: Ethics and Corporate Social Responsibility - . Ethics in Business Ethics: are a set of moral principles or values that govern behavior. lecture 3: corporate social responsibility mgt 610. corporate social responsibility. The Need for Ethical Behavior Ethical behavior is needed to make the playing field free and orderly. - PowerPoint PPT Presentation TRANSCRIPT Business Ethics andSocial Responsibility Do not sell or share my personal information, 1. ethics. Ravikiran dr. coty keller st. josephs college. Principles of CSR Charity Principle: The wealthy have a responsibility to the poor. By definition, business ethics refers to the standards for morally right and wrong conduct in business. Share Ideas. By: Mrs. Belen Apostol. You might even have a presentation youd like to share with others. - PowerPoint PPT presentation Number of Views: 3694 Avg rating:3.0/5.0 Slides: 30 Provided by: jmichaelb Learn more at: http://www.wright.edu _HAMEER final cv(1).docx. Clipping is a handy way to collect important slides you want to go back to later. 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. 25. it is a set of obligations to pursue those policies, to make, Ethics of Corporate Social Responsibility (CSR) - . Referances. Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. Here, you find the chapter wise slides or PPT of the Business Ethics and Social Responsibility and also download the all Business Ethics and Social Responsibility slides for free in one place. chapter 3. chapter outline. PPT - Chapter 5: Ethics and Social Responsibility in International Business PowerPoint Presentation - ID:512756 Create Presentation Download Presentation Download 1 / 26 Chapter 5: Ethics and Social Responsibility in International Business 1866 Views Download Presentation Chapter 5: Ethics and Social Responsibility in International Business. Ethics are an integral part of their business practices. Academia.edu no longer supports Internet Explorer. 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.