Nbusiness ethics and social responsibility lecture note pdf

Unit 5 corporate social responsibility and governance 1. Yet, they are often used to refer to the same argument or code. There are no ethical companies, because they all break the ethical rules from time to time15. Business ethics milton friedman says social responsibility of business is to increase its profits he also said role. Business ethics lecture notes business ethics milton. This business ethics lesson introduces and defines business ethics concepts such as principles, morals, values, social responsibility, along with a brief history of business ethics. Business has a great deal of power, which should be accompanied by an equal amount of responsibility. This is created so that you can facilitate inclass or online discussion effectively. Business ethics lecture note pdf ethics can be used to evaluate other peoples behaviour, for instance ethics.

So, an ethical behaviour is the behaviour that conforms to moral standards. Business ethics and corporate social responsibility for business success and growth godfrey adda, dr. Social responsibilities of business and business ethics. The concepts of ethical behavior and corporate social responsibility have come to. Show how the concept of social responsibility applies both to environmental issues and to a firms relationships with customers, employees, and investors. Corporate social responsibility, business ethics, moral rights. Business ethics is actually a form of codes of conduct. The term business ethics is supposed to be a combination of two very familiar words, namely business and ethics dimitriades 2007 pp1. Business ethics apply to moral rights and wrongs, as they apply to business institutions and organizations. Sustainability is integrated into the classroom through lectures, case. Csr analyses economic, legal, moral, social and physical aspects of. Here are a few examples of business ethics at work as corporations attempt to balance marketing and social responsibility. Pdf 2018s incomplete business ethics lecture notes.

Is csr one of the companys core corporate principles or business objectives. Preston in understanding ethics federation press 1996 at 22 suggests that. Ethics and social responsibility vtechworks virginia tech. Business ethics, corporate social responsibility, and. Notes the cadbury committee said, the primary level is the companys responsibility to meet its material obligations to shareholders, employees, customer, suppliers, creditors, to pay its taxes and to meet its statutory duties. Corporate social responsibility introduction the debate about corporate social responsibility csr began in the early 20th century, as concerns about large corporations and their power came to the fore. Baumhart,the ethics of business is the ethics of responsibility. Pdf the relevance of ethics, csr, and sustainability topics in. Corporate social responsibility lecture notes lectures. Business ethics lecture notes man1090 surrey studocu. Cbse business studies chapter 6 social responsibilities of business and business ethics class 11 notes in pdf are available for free download in mycbseguide mobile app. The current emphasis on ethics in business is not a passing fad. Business ethics and social responsibility episode 26. Ethical issues related with advertisements, finance, investment, technology.

Please note that these definitions are not being offered as official. Business ethics is what is appropriate and what is not in short or long term from the business viewpoint. Corporate ethics, governance and social responsibility ethiopian. Business ethics this document was created with prince, a. You can easily adapt the mba lecture notes, study materials, and books to take full advantage of the complete. Ethical issues in capitalism and market systems, ethics and social responsibility, ethics and marketing, ethics in finance, ethics and human resource, ethics and information technology. There is also a reminder on when connect activities can be used. However, the social responsibility movement is but one aspect of the overall discipline of business ethics. The next level of responsibility is the direct result of actions of. This study views business ethics, the question of corporate social responsibility, and the.

Lecture notes on business ethics and social responsibility. View notes business ethics lecture notes from rsm 100 at university of toronto. Defining corporate social responsibility csr analyses economic, legal, moral, social and physical aspects of environment. The importance of business ethics and corporate social. Ethics and social responsibility is a growing and developing discipline. It is useful at this stage to note that business is driven by values. Doc business ethics lecture notes samuel addo ohene. It demonstrates why a greed is good approach to capitalism is dangerous. The social responsibility movement arose particularly during the 1960s with increased public consciousness about the role of business in helping to cultivate and maintain highly ethical practices in society and particularly in the natural.

Notes selfinstructional material 1 introduction introduction for a very long time, there has been a real and a significant need for a good textbook on business ethics and corporate governance. This document was created with prince, a great way of getting web content onto paper. Use resources and capabilities to increase profits for shareholders stay within the rules of the game fiduciary responsibility of employees to owners, i. This textbook covers the issues related to corporate governance, business ethics, risk management and ethical decisions. Aristotles lecture notes to his students on how to live the virtuous life and. Business ethics and ethos free study notes for mba mca. Lecture notes ethics linguistics and philosophy mit. The concepts of business ethics and social responsibility have distinct identities. Ethics are the regulations that examine moral standards of an individual or a society. View notes lecture notes on business ethics and social responsibility from ols 27400 at purdue university. The business man must promise that he will not harm knowingly. This incomplete draft includes a section on management and hr with useful content concerning racism and sexism. It also contains solved questions for the better grasp of the subject in an easy to download pdf file. Ethics, sustainability, and stakeholder management, 9th.

Business ethics, corporate social responsibility and. Ethics and mgmt by hosmer business ethics by shekher business ethics by chakrobarthy oxford publication syllabus 1. Acca p1 ethics and social responsibility free resources for acca and cima students free acca and cima on line courses free acca, cima, fia notes, lectures, tests and forums. Internal activities of the enterprise have an impact on the external environment. In 2010 it published seven volumes volumes 91 to 97 and 39 separate issues, each containing several articles. Lo 21 define business ethics and social responsibility and examine their importance. Identify four general approaches to social responsibility and note the role of social responsibility in small business. The concept of social responsibility protects interests of stockholders. The best app for cbse students now provides social responsibilities of business and business ethics class 11 notes business studies latest chapter wise notes for quick preparation of cbse exams and schoolbased.

Aacsb notes in its ethics education task force report in 2004 that ethics. Other leading journals also date from this period, with business ethics quarterly appearing in 1991, and business ethics. This pdf file for class 11 social responsibility and business ethics subjects business studies topic contains brief and concise notes for easy understanding of topics and quick learning. Social responsibility creates a favorable public image. Business ethics lecture notes pdf ethics can be used to evaluate other peoples behaviour, for instance ethics. This course module is designed to help professors teach business ethics and corporate social responsibility. Business ethics and corporate social responsibility is. Corporate social responsibility lectures lecture 1. It is the function performed not only by corporation president and the army general but also of the shop supervisors and the company commander. Social responsibility and business ethics business. Overview of ethics value system, attitudes, beliefs and life patterns 4. Please note that there will be several inclass activities assigned throughout.

Ethical theories and approaches, intellectual property rights like designs, patents, trade marks, copy rights. The course will be implemented as a combination of lectures, discussions. Business ethics 7 features of business ethics there are eight major features of business ethics. Ba7402 business ethics, corporate social responsibility. Students can download the study materials and pdf books and they can use them in their academic preparation. Business ethics and social responsibility bus 104 bmcc. Learn vocabulary, terms, and more with flashcards, games, and other study tools. Lately it has come into focus ever since the former prime minister atal bihari vajpayee pleaded for zero tolerance for. For example, company xyz sells cereals with allnatural ingredients.

Standards are different from the ones used in the company. Introduction business ethics and social responsibility. As a lecturer in economics and business studies with a wide. Business ethics, corporate social responsibility and corporate. Computer governance and corporate social responsibility chapter 3.