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Business Ethics
Lying
 Commission lying; creating a perception
or belief by words that intentionally
deceive the receiver of the message.
 Intentional noise within the communication
that knowingly confuses the receivers.
 Noise; technical explanations, legal terms,
unfamiliar process or system.
 Omission lying; intentionally not
informing the channel member of any
differences, problems, safety warnings, or
negative issues relating to product/service
that significantly affects awareness,
intention, or behaviour.
Conflict of Interest
 An individual must choose whether
to advance his/her own interests ,
organizations, or those of some
other groups.
 To avoid;
 Employees must separate their private
interests from their business dealings.
Bribery
 Practice of offering something in
order to gain an illicit advantage.
 Active bribery
 Passive bribery
 Facilitation payments
Corporate Intelligence
 Collection and analysis of information on
markets, technologies, customers, and
competitors, as well as on socioeconomic
and external political trends.
 Legitimate inquiry into meaningful
information that can be used in staying
competitive.
 Physically removing material, copying
information, hacking & whacking,
dumpster diving, social engineering
(shoulder surfing, Password guessing),
bribery, hiring key employee.
Discrimination
 On basis of race, colour, religion,
sex, marital status, sexual
orientation, public assistance status,
disability, age, national origin etc.
Sexual Harassment
 Repeated & unwanted behaviour of sexual nature
 Verbal, visual, written, physical
 Unwanted; touching, feeling, groping
 Repeated; degrading remarks, employment status, promotion
 By one individual to another  Opposite gender and/or
same
 Workplace ? - sexually explicit material
 Hostile Work Environment
 Unwelcome
 Severe, pervasive
 Hostile / Offensive
 Liability of proofing
 Employee
 Not psychological well-being
 Not injury
 But Performance
Sexual Harassment (cntd.)
 Law
 Impact of behaviour
 Not the intent
 Key issues within;
 Dual relationship
 Unethical dual relationships
 Steps to avoid such SH issues
 Policy statement
 Defining SH in your org
 Non-retaliation policy
 Specific procedures for prevention
 Establish, enforce and encourage
 Establish reporting procedure
 Co. timely reporting to authorities
 Training to show How?
Environmental Issues
 Kyoto protocol; worlds growing concern
about global warming
 International treaty on climate change
committed to reducing emissions of carbon
dioxide and five other greenhouse gases and
to engage in emissions trading if they
maintain or increase emissions of these gases.
 Water pollution;
 Raw sewage, toxic chemicals, fertilizers and
pesticides (Algae growth encouragement)
 Waste management
Fraud
 Condition for charges of fraud;
 Deceptive practices to advance his/her
interests over those of organizational or some
other group.
 Any purposeful communication that
deceives, manipulates, or conceals facts
in order to create a false impression.
 Accounting frauds
 Marketing frauds
 Puffery
 Implied falsity
 Literal falsity
Consumer Fraud
 Consumers attempt to deceive
businesses for their own gain.
 Price tag switching
 Item switching
 Lying for age discounts etc.
 Return policies misuse
 Collusion; employee assisting in fraud
 Duplicity; staging an accident
 Guile; understand right/wrong behaviour
but uses tricks to obtain an unfair
advantage
Insider trading
 Illegal and legal
 Illegal; buying or selling of stocks
by insiders who possess material
that is still not public.
 Legal; buying and selling stock in an
insiders own company.
Intellectual property rights
 Legal protection of intellectual properties.
 Privacy Issues
 Consumers having threat to their privacy.
 Internet, health-care
 Employee privacy
 Consumer being aware of information colletion
 Consumer control over usage of their personal
information collected by companies

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Business Ethic

  • 2. Lying Commission lying; creating a perception or belief by words that intentionally deceive the receiver of the message. Intentional noise within the communication that knowingly confuses the receivers. Noise; technical explanations, legal terms, unfamiliar process or system. Omission lying; intentionally not informing the channel member of any differences, problems, safety warnings, or negative issues relating to product/service that significantly affects awareness, intention, or behaviour.
  • 3. Conflict of Interest An individual must choose whether to advance his/her own interests , organizations, or those of some other groups. To avoid; Employees must separate their private interests from their business dealings.
  • 4. Bribery Practice of offering something in order to gain an illicit advantage. Active bribery Passive bribery Facilitation payments
  • 5. Corporate Intelligence Collection and analysis of information on markets, technologies, customers, and competitors, as well as on socioeconomic and external political trends. Legitimate inquiry into meaningful information that can be used in staying competitive. Physically removing material, copying information, hacking & whacking, dumpster diving, social engineering (shoulder surfing, Password guessing), bribery, hiring key employee.
  • 6. Discrimination On basis of race, colour, religion, sex, marital status, sexual orientation, public assistance status, disability, age, national origin etc.
  • 7. Sexual Harassment Repeated & unwanted behaviour of sexual nature Verbal, visual, written, physical Unwanted; touching, feeling, groping Repeated; degrading remarks, employment status, promotion By one individual to another Opposite gender and/or same Workplace ? - sexually explicit material Hostile Work Environment Unwelcome Severe, pervasive Hostile / Offensive Liability of proofing Employee Not psychological well-being Not injury But Performance
  • 8. Sexual Harassment (cntd.) Law Impact of behaviour Not the intent Key issues within; Dual relationship Unethical dual relationships Steps to avoid such SH issues Policy statement Defining SH in your org Non-retaliation policy Specific procedures for prevention Establish, enforce and encourage Establish reporting procedure Co. timely reporting to authorities Training to show How?
  • 9. Environmental Issues Kyoto protocol; worlds growing concern about global warming International treaty on climate change committed to reducing emissions of carbon dioxide and five other greenhouse gases and to engage in emissions trading if they maintain or increase emissions of these gases. Water pollution; Raw sewage, toxic chemicals, fertilizers and pesticides (Algae growth encouragement) Waste management
  • 10. Fraud Condition for charges of fraud; Deceptive practices to advance his/her interests over those of organizational or some other group. Any purposeful communication that deceives, manipulates, or conceals facts in order to create a false impression. Accounting frauds Marketing frauds Puffery Implied falsity Literal falsity
  • 11. Consumer Fraud Consumers attempt to deceive businesses for their own gain. Price tag switching Item switching Lying for age discounts etc. Return policies misuse Collusion; employee assisting in fraud Duplicity; staging an accident Guile; understand right/wrong behaviour but uses tricks to obtain an unfair advantage
  • 12. Insider trading Illegal and legal Illegal; buying or selling of stocks by insiders who possess material that is still not public. Legal; buying and selling stock in an insiders own company.
  • 13. Intellectual property rights Legal protection of intellectual properties. Privacy Issues Consumers having threat to their privacy. Internet, health-care Employee privacy Consumer being aware of information colletion Consumer control over usage of their personal information collected by companies