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Business Ethics

Business is an integral part of society that, like other human interactions, should be guided by moral principles. While business exists to fulfill human needs and wants, its activities must be examined ethically to promote the common good, protect individuals, and preserve society overall. Ethics are important in business to rationalize its role in a moral perspective and apply ethical decision-making frameworks when examining issues like the morality of profit-motive. There is a need for ethical propriety and norms in business and corporations.

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JC Hilario
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66 views5 pages

Business Ethics

Business is an integral part of society that, like other human interactions, should be guided by moral principles. While business exists to fulfill human needs and wants, its activities must be examined ethically to promote the common good, protect individuals, and preserve society overall. Ethics are important in business to rationalize its role in a moral perspective and apply ethical decision-making frameworks when examining issues like the morality of profit-motive. There is a need for ethical propriety and norms in business and corporations.

Uploaded by

JC Hilario
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Ethics and Business

There are two educations. One


should teach us how to make a
living and the other how to live.
-John T. Adams
INTRODUCTION
• Business is an integral part of society.
• Just like any other forms of different interactions among
institutions and people…
• …actions should be examined through morality.
• What happens if your business doesn’t follow any ethical
norms?
INTRODUCTION
• Objectives:
• Understand the nature of business in the moral perspective.
• Rationalize the importance of ethics in business.
• Apply the dynamics of moral reasoning as a framework for
making ethical decisions in business.
• Examine the morality of profit-motive in business.
• Justify the need for ethical propriety in business and the
corporate world.
THE NATURE OF BUSINESS
• It is as old as human civilization.
• First, we took care of our own needs and wants.
• But people realized that some people are more proficient in
doing one specific job.
• Emergence of bartering.
• As long as people have needs and wants…
BUSINESS AND ETHICS
• Since society cannot exist without business, its activities must
be examined from the ethical perspective.
• Promotion of the common good.
• Protection of the individual’s interests.
• And the preservation of the of the human society in
general.

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