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Ethics

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Ethics In the Business World What are Ethics? Standards of right and wrong Prescribe what individuals should do Pertains to rights, obligations, benefits to society ... – PowerPoint PPT presentation

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Title: Ethics


1
Ethics
  • In the Business World

2
What are Ethics?
  • Standards of right and wrong
  • Prescribe what individuals should do
  • Pertains to rights, obligations, benefits to
    society, fairness, or specific virtues

3
What is Work Ethic?
  • Employees feelings about his/her job
    responsibilities AND how one performs his/her
    responsibilities
  • Includes attitude, behavior, respect,
    communication, and interaction
  • Shows a persons real character

4
What is Character?
  • Sum of virtues (good) and vices (bad)
  • What a person does when no one is looking
  • General overview of a person as a result of all
    experiences in life

5
Ethical Character Traits
  • Honesty
  • Integrity
  • Justice
  • Courage
  • Compassion
  • Generosity
  • Fairness
  • Self-control

6
Unethical Workplace Behavior
  • List three examples of behaviors that are
    unethical in the workplace.
  • 1.
  • 2.
  • 3.

7
List two ways the behaviors you listed might lead
to unsatisfactory Customer Service.
  • 1.
  • 2.

8
Top Ten Unethical BehaviorsReported by Employees
  • Sexual harassment
  • Fraudulent reporting
  • Conflicts of interest
  • Theft
  • Dishonesty
  • Discrimination
  • Drug or alcohol abuse
  • Improper accounting procedures
  • Violation of environmental laws
  • Gift/entertainment violations

9
Key Causes of Unethical Behavior
  • Overly aggressive financial or business
    objectives
  • Schedule-related pressures
  • Helping the organization survive
  • Rationalizing that others do it
  • Resisting competitive threats
  • Saving jobs

10
Why Misconduct Is NotReported
  • Fear of not being considered a team player
  • Did not think corrective action would be taken
  • Fear of retribution (from management)
  • No one else cares, why should I
  • Did not trust the organization to keep report
    confidential
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