SUBMITTED BY:

Ritu bhargava, Priyanka singh, Abhilasha rajput , Abhay thakur , Harsh bansal , Sonu morya.

Ethics refer A system of moral principle A sense of right and wrong Goodness and badness of action Motives and consequences

Codes do not produce ethical behavior .

Our ethics tend to flow from our core values .

People have intrinsic worth .

DIVIDED INTO TWO PARTS

Theory of morality Theory of amorality

The theory of moral unity based on the principal that the business should be judged by the general ethical standards of society .

Its exists only one ethical standards which applies to business and to non-business situation.

The theory of amorality suggest that

business action should not be judged by general ethical standards .

Business ethics is a form of applied ethics that examines ethical principles and moral or ethical problems that arise in a business environment.

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.

RELIGION CULTURE LAW

Religion converge on the belief that ethics is an expression of divine will that reveals the nature of right and wrong in business and other areas of life .

Religions are Hinduism ,Buddhism ,Christianity ,Islam , Judaism .

Culture refers to a set of values ,rules ,and standards transmitted among generation and acted upon to produce behaviors that fall within acceptable limits .

Laws are rules of conduct ,approved by legislatures ,that guide human behavior in any society .

Some of the Acts which seek to ensure fair business practices are :-

The consumer protection Act ,1986 The monopolies and restrictive trade practices

Act ,1969 The foreign exchange management Act , 1999

Ethics corresponds to basic human needs .

Create credibility with the public . Credibility with employees . Better decision making . Ethics profit.

WIKIPIDEA BUSINESS ETHIC BOOK