Prof. M.Thenmozhi
ETHICS
Dr. M. Thenmozhi
Professor
Department of Management Studies
Indian set of Technology Madras
Chennai 600 036
E-mail: mtm@iitm.ac.in
Indian Institute of Technology Madras
Management Science I
Prof. M.Thenmozhi
INTRODUCTION:
Ethics in calling argon nothing but the dos and donts by the communication channel
users in the stemma. In other words it could be referred as set of principles a
crease man ought to follow. There should be business morals means that the
business should be conducted according to definite self recognized moral
standards. Few unethical elements in the relegate day business are cheating,
stealing, lying, bribing, corrupting etc.
A business man should be aware of the ethics in the business and
should follow them in order to maintain ecological parallelism in the society.
OBJECTIVES:
The main objective of this study is to identify the life-sustaining few concerns of
business which influence the ethical status of a business and to identify the
necessary measures.
DESCRIPTION
DEFINITION:
The study and testing of moral and loving responsibility in relation to
business practice and decision making in business is cognize as Business Ethics.
The term business is normally referred to the commercial activities
achieved at making simoleons. But gradually on that point is a substantial change in the way
in which stack viewed the business.
Indian Institute of Technology Madras
Management Science I
Prof. M.Thenmozhi
In the past primary objective of a business was arrive at maximization but
the present perspectives on business objectives is not maximization.
It is profit maximization in long run besides fulfilling the ethics in the
business. A business is regarded as social constitution forming integral part of
social systems .The business is viewed as subsystem to the social system.
This is because any type of social system is influenced by
1. The way the business functions
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