Ethics Notes
Ethics Notes
Ethics Notes
Business School
of Institution
1
AmityName
Business School
of Institution
2
AmityName
Business School
of Institution
Session Objectives
• To understand the concept of ethical
philosophy.
• To elucidate the Morals, values and
Ethics.
• To make clear about the Moral Issues,
Moral Dilemmas & Moral Autonomy,
• To understand the Basic Ethical
Principles and its implications
3
AmityName
Business School
of Institution
4
AmityName
Business School
of Institution
NATURE OF ETHICS
• Ethics aims at systematic knowledge. So, ethics
is a science.
• Every science is concerned with a particular
sphere of nature. As a science ethics has its
own particular sphere; it deals with certain
judgments that we make about human conduct.
It deals with systematic explanation of rightness
or wrongness in the light of the highest Good of
man.
5
AmityName
Business School
of Institution
NATURE OF ETHICS
• Ethics is a normative (relating to an evaluative
standard) science. It is concerned with what
ought to be done rather than what is the case.
• Ethics is a science of values as it discovers the
forms of conduct or behavior, which have the
character of morally obligation.
• Ethics deals with moral phenomena and it
observes and classifies them and explains them
by the moral ideal.
6
AmityName
Business School
of Institution
SCOPE OF ETHICS
• Provide a Competitive Advantage in Terms of
Customers. Customers favor those organizations, which
are known for their ethical practices.
• Improve Employee Happiness.
• Morale and culture
• Reputation
• Attract More Investors
• Better for Society
• Guiding people in the practice of right conduct or the art
of living the good life.
• Ethics help man to avoid bias and prejudice.
7
AmityName
Business School
of Institution
8
AmityName
Business School
of Institution
Rights theory
• In ethical theories based on rights, the rights established
by a society are protected and given the highest priority.
• Rights are considered to be ethically correct and valid
since a large population endorses them.
• Individuals may also bestow rights upon others if they
have the ability and resources to do so.
• In terms of rights theory, if an action or decision respects
the rights of other people it would be considered ethically
correct. ...
• Freedom of speech is an example of a basic human right
that all people should be entitled to because they are
human beings. 10
AmityName
Business School
of Institution
11
AmityName
Business School
of Institution
Moral Dilemma
• A moral dilemma is a situation in which a person is torn
between right and wrong.
• A moral dilemma involves a conflict with the very core of
a person’s principles and values.
• The choice the person makes may leave them feeling
burdened, guilty, relieved, or questioning their values.
• A moral dilemma often forces the individual to decide
which option he or she can live with, but any outcomes
are extremely unpleasant no matter what.
• The classic “lifeboat dilemma”, where there are only 10
spaces in the lifeboat, but there are 11 passengers on
the sinking ship. A decision must be made as to who will
stay behind. 14
AmityName
Business School
of Institution
Moral autonomy
• It is the capacity to deliberate and to give
oneself the moral law, rather than merely
heeding the injunctions of others.
• Personal autonomy is the capacity to
decide for oneself and pursue a course of
action in one's life, often regardless of any
particular moral content.
15
AmityName
Business School
of Institution
16
AmityName
Business School
of Institution
17
AmityName
Business School
of Institution
Session Outcome
You will be able to
• Explain the concept of ethical philosophy.
• Explain the Morals, values and Ethics.
• Explain about the Moral Issues, Moral
Dilemmas & Moral Autonomy,
• Explain the Basic Ethical Principles and its
implications
18
AmityName
Business School
of Institution
1
AmityName
Business School
of Institution
Session Objectives
3
AmityName
Business School
of Institution
4
AmityName
Business School
of Institution
7
AmityName
Business School
of Institution
10
AmityName
Business School
of Institution
13
AmityName
Business School
of Institution
Organizational Loyalty
• Employees' loyalty towards organization refers to their
adoption of the values, attitudes and beliefs of the
organization and their willingness to exert additional
effort to achieve the goals and objectives of the
organization.
• Loyalty tends to encourage your employees to do their
best work and perform to their highest of standards.
• If you have loyal employees working for you, then you
are going to have employees who work productively and
efficiently.
16
AmityName
Business School
of Institution
Session Outcome
You will be able to
• Explain the importance of Professional Ethical Codes
• Explain the Work Place Rights & Responsibilities
• Explain To know about the Whistle blowing
and CSR and Conflicts of Interest
• Explain the Managing Boundaries and Multiple
Relationships and Socializing with Current or Former
Clients, Making Referrals
•Explain the significance of Organizational Loyalty
17
AmityName
Business School
of Institution
1
AmityName
Business School
of Institution
2
AmityName
Business School
of Institution
Session Objectives
• To understand the Basics of Intellectual
Property Rights
• To know about the Confidentiality and
Unintentional breaches of Confidentiality
• To clarify the Principles of Natural Justice
• To explicate the Redressal Mechanism
and Organizational Complaint Procedure
3
AmityName
Business School
of Institution
7
AmityName
Business School
of Institution
8
AmityName
Business School
of Institution
10
AmityName
Business School
of Institution
Redressal Mechanism
• A grievance mechanism is a procedure that provides a
clear and transparent framework for addressing
grievances related to the process in the workplace. This
typically takes the form of an internal procedure for
complaints, followed by consideration and management
response and feedback.
• The grievance procedure is the method by which a
grievance is filed and carried through different steps to
an ultimate decision.
12
AmityName
Business School
of Institution
Objectives of Grievances
• To enable the employee to air their grievance
• To clarify the nature of the grievance
• To investigate the reasons for dissatisfaction
• To obtain, where possible, a speedy resolution
to the problem
• To take appropriate actions and ensure that
promises are kept
13
AmityName
Business School
of Institution
Session Outcome
• Explain the Basics of Intellectual Property
Rights
• Explain Confidentiality and Unintentional
breaches of Confidentiality
• Explain the Principles of Natural Justice
• Explain the Redressal Mechanism
and Organizational Complaint Procedure
17
AmityName
Business School
of Institution
1
AmityName
Business School
of Institution
Globalization of MNCs,
• Globalization describes an ongoing process by
which regional economies, societies and
cultures have become integrated through a
globe-spanning network of communication and
trade.
• A multinational company (MNC) is an
organization that operates in two or more
countries.
3
AmityName
Business School
of Institution
Business Ethics
7
AmityName
Business School
of Institution
8
AmityName
Business School
of Institution
Environmental ethics
• It is a branch of ethics that studies the
relation of human beings and the
environment and how ethics play a role in
this.
• Environmental ethics believe that humans
are a part of society as well as other living
creatures, which includes plants and
animals.
9
AmityName
Business School
of Institution
12
AmityName
Business School
of Institution
Corporate Wars
• Corporate warfare refers to attacks on
individuals or companies by other individuals or
companies. Such warfare may be part of
economic warfare and cyber warfare; but can
involve spying, 'dirty' PR tactics, or physical
theft.
• The intention is largely to destabilize or sink the
value of the opposing company for financial
gain, or to steal trade secrets from them.
15
AmityName
Business School
of Institution
16
AmityName
Business School
of Institution
Media Ethics
• Truth and Accuracy
• Independence
• Fairness and Impartiality
• Humanity
• Accountability
17
AmityName
Business School
of Institution
Legal ethics
• Independence, honesty and integrity.
• The lawyer and client relationship, in
particular, the duties owed by the lawyer to
his or her client.
• This includes matters such as client care,
conflict of interest, confidentiality, dealing
with client money, and fees.
19
AmityName
Business School
of Institution
Session Outcome
You will be able to explain
• Explain the role of Globalization of MNCs
• Explain the importance of Business Ethics
and Corporate Governance
• Explain about Environmental Ethics
• Explain the Sustainable Development
Goals
• Explain the Corporate Wars and ethics in
different streams. 20
AmityName
Business School
of Institution
1
AmityName
Business School
of Institution
Session Objectives
3
AmityName
Business School
of Institution
4
AmityName
Business School
of Institution
COPE
•It provides advice to editors and publishers
on all aspects of publication ethics and, in
particular, how to handle cases of research
and publication misconduct.
5
AmityName
Business School
of Institution
10
AmityName
Business School
of Institution
Fake Affiliation-affiliation-related
misconduct in which a real, existing author
is falsely included on a paper, without telling
him or her.
11
AmityName
Business School
of Institution
12
AmityName
Business School
of Institution
14
AmityName
Business School
of Institution
15
AmityName
Business School
of Institution
16
AmityName
Business School
of Institution
Session Outcome
You will be able to
Explain the role of COPE and WAME
Explain the significance of publication ethics
Explain the violations in publication
Explain the importance of software like
turnitin 17