BUSINESS ETHICSETHICS AND MORAL VALUES

Ethics is derived from a Greek word “ethik”

Ethics is a discipline that is dealing with what is Good and Bad and with a Moral Duty and Obligation.•A set of Moral Principles or Values•A Theory or System of Moral Values•Concerned with Moral approval or disapproval

ETHICS

• Development of honesty and integrity• Character and Moral qualities• The end of Education is Character• Education without Character and Business

without Morality is dangerous• In spite of his high education or position in

an organisation, if a person does not have morality and principles, he looses his image and can neither guide or direct nor even inspire others

ETHICS

Character is the Hall Mark of man A life without character is just like a

shrine without light or a coin that is counterfeit or a kite with the string broken

Character is Power Character is True

Human Values

Cultivate human values Truth – Do not cheat – Cash on Delivery –

low quality etc Right Action – Courage to reveal the

defects of the Products

Human Values

WATCH your Words WATCH your Action WATCH your Thoughts WATCH your Character WATCH your HeartHear the sound of your mind

Human Values• Truthfulness• Sense of discrimination between True

and False – Good and Bad• Curiosity• Quest of knowledge • Spirit of enquiry• Secularism• Study of one’s own self• Respect for all Religion• Universal self-existent Truth

Human Values

• Right Action• Courage • Service to others – customer care• Respect for others• Obedience• Duty including loyalty to Duty• Cleanliness• Hygienic living• Regularity

Human Values• Punctuality• Proper utilization of Time• Dignity of Manual Labour• Simple living• Reverence for OLD AGE• Self-help• Self support• Self-confidence• Initiative

Human Values

Leadership Faithfulness Justice Team Work Team Spirit Equality and Self-sacrifice

Human Values

Abstinence Freedom from six deadly sings – lying,

theft, fornication, intoxication and gambling

Discipline Honesty Purity – purity in thoughts, purity in

words and purity in action Endurance

Human Values

• Integrity • Self-discipline• Self-control• Self-respect • Awareness of the Dignity of the

Individual• Power of Concentration• Meditation• Peace

Human Values

• Sincerity• Kindness• Sympathy• Friendship• Patriotism• Devotion• Tolerance• Humanism

Courtesy Good Manners Helpfulness Fellow-feeling Gentlemanliness Consideration for others Unwilling to Hurt others

Human Values

Concern for others Readiness to co-operate Appreciation of the Cultural Values of

others Compassion Universal Love Awareness of the responsibility of the

citizenship

Human Values

Being in tune with Democratic Decision –Making

Readiness to espouse a Common Cause Active National Awareness Love on National Unity Turning away from Un-touchability Awareness of the value of civic and

national property

Human Values

Sense of Social Service Sense of Social Justice Socialism Sense of solidarity of mankind