Business ethics mcom part 1

  • What is business ethics in commerce?

    Business ethics refers to implementing appropriate business policies and practices with regard to arguably controversial subjects.
    Some issues that come up in a discussion of ethics include corporate governance, insider trading, bribery, discrimination, social responsibility, and fiduciary responsibilities..

1. Introduction to Business Ethics. • Business Ethics – Concept, Characteristics,. Importance and Need for business ethics. Indian. Ethos, 
clause (a) of sub-section (1) of section 381 read with section 198 of the Act. Page 85. 76. COMPOSITION OF CSR COMMITTEE: As per Section 135(1), three or more 
Robert Ginner: “Busines ethics may be defined as those principles, practices and philosophies that are concerned wih moral judgements and good conduct as they 
“Busines ethics is a study of business situations, activities and decisions where issues of right and wrong are addressed.” b) Robert Ginner: “Busines ethics 

What happens if a company violates business ethics?

If a company does not adhere to business ethics and breaks the laws, they usually end up being fined.
Many companies have broken anti-trust, ethical and environmental laws and received fines worth millions.
The problem is that the amount of money these companies are making outweighs the fines applied. philosophy that informs all marketing efforts.

What is the difference between ethics and business law?

Ethics provides set of guidelines based upon value judgement and morality.
As business laws stress on fair conduct of business practices which is mandatory whereas practices of ethical business is optional.
Apart from this ethics are abstract in general and laws are expressed and published in proper format.

What is a code of conduct in a business?

Code of conduct :- Morality and quality judgement are the core factors for conduct of business activities

Ethical business will lead the foundation for moral business

Self check and self control are other two parameter which will carry out company’s mission successfully

Ethics differs from business to business

Where can I study CSR & business ethics in Mumbai?

Institute of Distance and Open Learning , University of Mumbai, Vidyanagari, Mumbai - 400 098

: AshwiniArts Vile Parle (E), Mumbai - 400 099

3

Introduction to Corporate Social Responsibility 4

Areas of CSR & CSR Policy 2

Business Ethics – Concept, Characteristics, Importance and Need for business ethics


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