14-11-2012, 06:23 PM
Business Ethics and Social Responsibility
Business Ethics.ppt (Size: 458 KB / Downloads: 46)
Business Ethics
The value of what should be done and what should not be done from the business point of view
Ethical issues for business
Product safety standards
Advertising contents
Working environment
Unauthorized payments
Employee’s privacy
Environmental issues
Genesis of Ethics
Ethics is a Greek word, it means Character or manners.
Ethics is subjective while morality is objective.
Ethics is about sense of belongingness to society of business. Formed with a limited vision for economic generation but should resolve conflict with society by servicing the community.
Ethics and moralityEthics is about field or domain of enquiry while morality is the object of enquiry. Ethics or behavior accepted with in a group is recorded as credos– espoused value of group/Orgn. When espoused value become practiced values, then the group is said to be ethical Organisation.
Ethical theories can be classified into three subject areas:-
Meta ethics
Normative ethics
Applied ethics.
Details of 3 Ethical theories
Meta Ethics
Deals with entire gamut of ethical issues:- moral values exists independent of humans –psychological issues that deals with psychological basis of the moral actions and linguistic issues dealing with moral terms-reflect on reactions on photo at UK deities and others. Belief system, tradition- Kentucky launching chicken product at Bangalore.
NABARD, Bank of India, BPCL
Nabard helps 101 million poor people through micro finance program, providing access to credit.
Joint liability groups(JLG)- rythu mitra program- credit access to landless farmer's agri laborers, empowers women with micro credit, micro enterprise, created special funds for water shed development, Partnering with corporate like ITC, Tata’s, M and M, ambuja cements etc, many more.
BPCL provides alternate source of energy, solar energy for street lights at villages, skill enhancement on modern farming practices, distributes smokless chulas, training for income generation projects.
Bank of India, focuses on below poverty line, adopted 101 villages .makes use of four M with NGO for various services.
New world is outsourcing would. Anything done most efficiently cost effectively can be done by someone else.. NGO have to develop new tie up with corporate to align themselves to meet the changing needs of society.. Corporate have f und of Rs. 1 laks crores for CSR in India alone. Not to speak of Transnational corporation Networking of NGO and development of search engines for various relevant social projects is the need of the hour. .