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Business Ethics

Code of moral principles and valuesthat governs the behaviors of a personor group with respect to what is right

or wrong.

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Four Views of EthicalBehavior Utilitarian View

Individualism View

Moral  – Rights View

Justice View

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Corporate Ethical Issues

Unauthorized Payments

Customer Satisfaction

Organizational Resources

Environmental Issues

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Ethical Dilemmas

Whistle Blowers

Conflict of Interest

Sexual Harassments

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ERC research has shown that nearly half of employees 

who observe abuse of confidential organizational 

information choose 

not to report it to the organization.

71% of Workers Admitted Downloading ConfidentialInformation for Future Personal Use if They FoundThemselves Needing a New Job

47%

53%

Data from ERC’s 2007 National Business Ethics Survey©  

Source : http://www.ethics.org/page/ethicsstat

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o a ecess on as esu e n a orOrganizational Changes such as Layoffs andRestructuring

Based on a survey of more than 125,000 employees in 75 countriesover the past five quarters, the Corporate Executive Board found:

This turmoil has generated serious implications for the ethics and compliance function 

A 20% increase inobservations of

misconduct from thefirst to the second half

of 2008

A 5% decline in frontlineemployee perceptions

of senior management'scommitment to integrity

A 10% increase in thenumber of disengagedemployees, from one in

ten to one in five,causing declines in

companywideproductivity of up to 5%

Source : http://www.ethics.org/page/ethicsstat

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Results of Unethical Behavior

Bhopal Gas Tragedy

Satyam Scam

Enron Corporation

National Student Data Loan System

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Stakeholders andCompany

Employees Competitors

Environment People at Larg

Profit

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Education

Set-up a well equipped modern school inassociation with DPS at Maruti Kunj(Bhondsi), Gurgaon.

DPS Maruti Shiksha Kendra, an educationprogramme for the underprivileged, wasinaugurated at DPS, Maruti Kunj.

The objective of his project is to educatethe children of below poverty line (BPL)families.

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Health

WHARF (Wockhardt-HMI HIV/AIDSEducationand Research Foundation) is aplatform for clinicians, nurses,

and counsellors to acquireknowledge in the areas of theirspecialisation relating to HIV/AIDS.

The objective is to scale up training ofhealthcare providers on using globalstandards in HIV/AIDS managementand to work with them on overcomingattitudinal and economic barriers.

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Women Empowerment

Walmart Foundation and humanitarianorganisation CARE launched Women'sempowerment initiative in Bangladeshfactories.

It will provide 2,500 female factory workersin the country's apparel sector withworkplace skills and literacy training.

Technical training will focus on providingthe workers with design, sewing,equipment handling and other relevant on-the-job technical skills.

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Self Reliance

SWAVALAMBAN : Vocationaltraining for unemployed youths.

Its objective is to provide freeVocational Training to 550beneficiaries from low income

group households. HPCL and CIIhave joined hands along with M/sCity & Guilds to impart training toyouths and change them into

useful professionals.

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Environment & NaturalResources

Making technology that ensures energyeconomy, environmental safeguards,recycling of resources and utilization ofwastes.

Releases of hydrocarbons, chemicalsand other harmful materials beingcontrolled so that it does not disturb theflora and fauna.

Environmental impact assessment, with

the details required by the "Departmentof Environment" has been prepared

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Rural Development

Setting up of milk districts in India, Pakistan,China, Morocco, Brazil, Chile, Colombia,Mexico, Indonesia.

Pakistan: 5,000 female agriculturalextensionworkers trained with UNDP.

Improved animal nutrition, Developing farm infrastructure Improved yield and farm income

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THANK

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