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Daniela Munca-Aftenev
Daniela Munca-Aftenev

by Victoria Morari, FB 2G, ASEM, May 2010

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Business Ethics and Social Responsibility by Morari Victoria, a FB-29-G student and Munca Daniela, PhD
Business Ethics ,[object Object]
Ethical issues for business ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Genesis of Ethics ,[object Object],[object Object],[object Object]
3D of Ethics. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Integration View of Ethics. Business. Morality & ethics BUSINESS ETHICS Market system GOVERNMENT LAW SOCIETY
Ethical Consciousness Stage 6 corporate citizenship Stage 5 Stake holder concept Stage 4 Profit Maximization in the long term Stage 3 Profit Maximization In the short term. Stage 2 Anything for Profit Stage 1 Jungle Law Ethical standards Vary between cultures And countries. More evident From /amongst Entrepreneurs/ Corporations . Long term profitability and Attractiveness of Orgn Is key to competitive strategy Both attractiveness & competitive Position can be shaped i.e. challenging and exciting
Ethics in Business OVERT approach External theft Bribery etc., COVERT approach Internal Merger & Acquisitions. Insider Trading. Ethics Dilemma.- Pricing, advertising, promotion, Working condition, customer service, Work force reduction's ,environment Community relations, supplier relations. Important of trust (empathy) maturity in relationship Two domains
Ethics and morality ,[object Object],[object Object],[object Object],[object Object],[object Object]
Details of 3 Ethical theories ,[object Object],[object Object]
[object Object],[object Object],Details of 3 Ethical theories
Normative theories-Business ethics. ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Details of 3 Ethical theories
ETHICS AND CORPORATE GOVERNANCE ,[object Object],[object Object],[object Object],[object Object]
NABARD, Bank of India, BPCL ,[object Object],[object Object],[object Object],[object Object],[object Object]
4 M- CSR Corporate Many of the philanthropist activities are not monitored or measured. Unlike Corporate CSR. Four M of corporate social responsibility taken up By corporate has inbuilt 4 M Meaningful, projects Managing the projects Monitor projects Measure projects Bank of India does check NGOs how they operate Effectively and efficiency. Nearly rs 1 lak crores of fund Available with corporate for CSR activities.

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Business Ethics

  • 1. Business Ethics and Social Responsibility by Morari Victoria, a FB-29-G student and Munca Daniela, PhD
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  • 6. Integration View of Ethics. Business. Morality & ethics BUSINESS ETHICS Market system GOVERNMENT LAW SOCIETY
  • 7. Ethical Consciousness Stage 6 corporate citizenship Stage 5 Stake holder concept Stage 4 Profit Maximization in the long term Stage 3 Profit Maximization In the short term. Stage 2 Anything for Profit Stage 1 Jungle Law Ethical standards Vary between cultures And countries. More evident From /amongst Entrepreneurs/ Corporations . Long term profitability and Attractiveness of Orgn Is key to competitive strategy Both attractiveness & competitive Position can be shaped i.e. challenging and exciting
  • 8. Ethics in Business OVERT approach External theft Bribery etc., COVERT approach Internal Merger & Acquisitions. Insider Trading. Ethics Dilemma.- Pricing, advertising, promotion, Working condition, customer service, Work force reduction's ,environment Community relations, supplier relations. Important of trust (empathy) maturity in relationship Two domains
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  • 15. 4 M- CSR Corporate Many of the philanthropist activities are not monitored or measured. Unlike Corporate CSR. Four M of corporate social responsibility taken up By corporate has inbuilt 4 M Meaningful, projects Managing the projects Monitor projects Measure projects Bank of India does check NGOs how they operate Effectively and efficiency. Nearly rs 1 lak crores of fund Available with corporate for CSR activities.