2. What is profession? * providing services * adding value * regulatory agency * expertise * knowledge and skills * high standard of conduct and integrity * code of conduct
3. Ethics according to oxford
The moral principle that governs a person's behaviour or conduct of an activity
4. Morality according to oxford
A set of principles concerning the difference between right and wrong
5. Law according to oxford
A system of rules recognised by a country for governing the actions of its member & to administer justice for all
6. Some Universal principle * Truth * Non-killing/ non - violence * Respecting elders * Not deceiving others * Do unto others... * Whatever makes you feel sad/bad/guilty * Law of karma
There are always CONSEQUENCES whether u do work or not....
7. 6 source of ethics * Market system * Social Adaption * Professional code * Law of the land * Rituals and Symbol * Organization as vehicles of Ethics
8. 16 Basic values * Controlled greed * Pursuit of pleasure * Efficiency * Truthfulness * Transparency and honesty * Compassion and Charity * Piety * Sacrifice * Stoic dignity * Righteous pride * Camaraderie and fraternity * trust * Tolerance/pulralism * Gratitude and respect * Harmony with self, society and nature
9. Structure of decision making * Identify the problem * Generate alternate solution----ethics is involve * Evaluate cost----ethics is involve * select and test-check solution----ethics is involve * implement chosen solution
10. Definition of business ethics
Conducting business with honesty and integrity, in a lawful and responsible manner, for benefiting all the stakeholders
11. Corruption means * Lack of integrity