Introducing Business Ethics

What is a simple definition of ethics?

• a set of principles that contains behavioral codes to determine what is right or wrong

• strong moral principles in daily life

• something or of having control over someone

• manifesting high principles for proper conduct

What are the benefits of a company being known as ethical?

• Enhances reputation

• Value added

• Customer Trust

• All of these

Business ethics is about...

• the concept of ethical values at home

• the application of ethical values at school

• the application of ethical values to business behavior

• the concept of ethical values of the universal

Below are the example of unethical business practices EXCEPT...

• Cheating customer

• Misusing company time

• Respect customers

• Discriminate employees

Why we need to manage businesses ethically?

• To attract new customers

• To show off

• To be market follower

• To attract children

We learn and adapt to the ethics and moral principles through our...

• socialization

• all of these

• upbringing

• experiences

Impact of good business ethics is...

• High turnover rate

• Good word of mouth from customers

• Increase in stock

• Logistics run smoothly

Who should responsible for ethics in office?

• Lower level staff

• Top management

• Human resource manager

• all of these

A system of moral principles or rules of conduct relating to human behavior.

• Code of ethics

• Code of conduct

• Code of choice

• Code of life

Employer should...

• pay child labor

• pay low salary t employee

• take care of employee welfare

• discriminate employee