3. ETHICS AND CULTURE
Ethics
A
set of moral principles that govern decisions and
actions.
Universal Values
Values
society.
that are shared by all cultures throughout
They promote the conditions needed for individuals to
survive, enjoy life, and get along with others.
Basics are: Food, water, shelter, and physical safety
Actions are: obeying the law, caring for the young and old.
4. ETHICS AND CULTURE
Business Ethics
Moral
principles applied to business issues and
actions.
Many wonder if business ethics even exist at all.
Why practice business ethics:
The
basic reason, although simple, is because it’s the
right thing to do.
5. WHY PRACTICE BUSINESS ETHICS
There are three main reasons that a business
should practice business ethics:
Customers
are more confident when buying goods
and services from an ethical company.
An ethical workplace motivates employees
Ethical behavior also prevents legal issues and
problems.
Can cause business to fail and ruin your career in the
process.
6. HOW TO ESTABLISH AN ETHICAL
WORKPLACE
1. Creating Transparency
An
openness and accountability in business decisions
and actions.
Allows people to see what a company is doing, and
why, is a strong deterrent to unethical behavior.
2. Utilizing Communication to aid Transparency
Companies
have traditionally communicated through
memos
Now they are trending to social media (an interactive
electronic form of communication.
Blogs, Message Boards
7. HOW TO ESTABLISH AN ETHICAL
WORKPLACE
1. Creating Transparency
An
openness and accountability in business decisions
and actions.
Allows people to see what a company is doing, and
why, is a strong deterrent to unethical behavior.
2. Utilizing Communication to aid Transparency
Companies
have traditionally communicated through
memos
Now they are trending to social media (an interactive
electronic form of communication.
Blogs, Message Boards