{"id":42149,"date":"2015-08-20T00:20:09","date_gmt":"2015-08-19T18:50:09","guid":{"rendered":"http:\/\/vskills.in\/certification\/blog\/?p=42149"},"modified":"2024-04-03T13:13:19","modified_gmt":"2024-04-03T07:43:19","slug":"business-ethics-2","status":"publish","type":"post","link":"https:\/\/www.vskills.in\/certification\/blog\/business-ethics-2\/","title":{"rendered":"Business Ethics"},"content":{"rendered":"

\"Business<\/a><\/p>\n

ETHICS is derived from a Greek word \u2018ethos\u2019 which means values, beliefs which pervades a group or community. Business ethics means the norms, conditions, terms which govern any business or business activities. They are concerned with what is right or wrong, good or bad, etc.
\nFew examples of business ethics are:
\nCharging reasonable profits
\nProviding genuine products
\nFair treatment to workers
\nUsing fair weights for measurement of quantities of products
\nPaying taxes
\nCharge fair prices from customers
\nDeterminants of business ethics are:
\nSocial factor: Ethics should be such which are readily acceptable by society.
\nEconomical factor: Economic development affects nature and spread of business ethics.
\nCultural factor: It refers to and includes family background, education, religion, historical heritage, etc.
\nPolitical factor: It means that the party in power influences ethics through their ideology and philosophies.
\nOrganizational factor: The ideology and philosophy of a firm, attitude of managers and superiors influences ethics.
\nInstitutional factor: It means that the codes of conduct of various institutes such as ICAI, ICSI influence ethics.
\nEthical issues faced by managers are:
\nWith respect to employees can be feedback, working conditions, employment security, etc.
\nWith respect to peers and superiors can be truth telling, loyalty, support, etc.
\nWith respect to customers to can be truth telling, fair treatment, questionable practices, etc.
\nWith respect to suppliers can be fair treatment, balanced relationship, truth telling, etc.
\nWith respect to stakeholders can be truth telling, respecting legal constraints, etc.<\/p>\n

Click here for government certification in Management<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

ETHICS is derived from a Greek word \u2018ethos\u2019 which means values, beliefs which pervades a group or community. Business ethics means the norms, conditions, terms which govern any business or business activities. They are concerned with what is right or wrong, good or bad, etc. Few examples of business ethics are: Charging reasonable profits Providing…<\/p>\n","protected":false},"author":1290,"featured_media":51891,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_joinchat":[],"footnotes":""},"categories":[1533],"tags":[2534,736,2264],"class_list":["post-42149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-management-2","tag-determinants","tag-ethics","tag-issues"],"acf":[],"yoast_head":"\nBusiness Ethics - Vskills Blog<\/title>\n<meta name=\"description\" content=\"Need for business ethics in an organisaton.. Apply for a vskills certification in Management now. 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