business ethics

BUSINESS ETHICS
BY – SOMESH DASH CHOUDHURY

IMPLEMENTING APPROPRIATE BUSINESS POLICIIES

1. IT CREATES GUIDELINES FOR COWORKER INTERACTION .
2. DEVELOPS GUIDELINES FOR INTERACTION WITH CUSTOMERS .
3. DEMONSTARTES COMPANY CULTURE .

STANDARDS FOR MORALLY RIGHT OR WRONG CONDUCT

ETHICS IS BASED ON WELL-FOUND STANDARDS OF RIGHT AND
WRONG THAT PRESCRIBE WHAT HUMANS OUGHT TO DO .
THE ACTIONS OF THE COMPANY OR BUSINESS SHOULD BE
MORALLY RIGHT (FOR MAINTAING ITS DIGNIITY)

A CODE OF CONDUCT FOR WHAT A COMPANY CAN AND MUST NOT
DO

IT BASICALLY MEANS WE DO WHATS RIGHT OR SHOULD ALWAYS
DETERMINED OF DOING THE RIGHT TASK .ITS GENERALLY A SET OF
RULES AND REGULATIONS WHICH HELPS THE COMPANY TO CARRY
OUT THE ETHICAL MORAL AND LEGAL CONDUCTS. HELPS IN
AVOIDING THREATS OF THE COMPANY , HELPS IN FORMING A
SYSTEMIZED AND PRINCIPLED COMPANY .

ELEMENTS OF BUSINESS ETHICS –

1. HONESTY – BUSINESS SHOULD MAINTAIN HONESTY NOT ONLY
WITH THE CUSTOMERS BUT ALSO WITH ITS WORKING
OFFICIALS .
2. LAW ABIDING – THE COMPANY SHOULD BE LAW ABIDING i.e IT
SHOULD OBEY THE LAW , IT SHOULD BE AUTHENTIC ENOUGH