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    Module 2

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    LUCELLE ESCANO
    Ethics is the study of moral standards and whether those standards are reasonable. It examines how moral standards apply to our lives and society. Ethics comes from a Greek word meaning character or disposition. It encompasses the study of right and wrong, virtues and vices. Ethics is a major branch of philosophy that examines morality and tests the rightness or wrongness of human acts. Ethical business leadership creates an environment where ethical behavior is encouraged through building positive relationships based on trust, respect and fairness.

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    Module 2

    Uploaded by

    LUCELLE ESCANO
    21 views12 pages
    Ethics is the study of moral standards and whether those standards are reasonable. It examines how moral standards apply to our lives and society. Ethics comes from a Greek word meaning character or disposition. It encompasses the study of right and wrong, virtues and vices. Ethics is a major branch of philosophy that examines morality and tests the rightness or wrongness of human acts. Ethical business leadership creates an environment where ethical behavior is encouraged through building positive relationships based on trust, respect and fairness.

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    MODULE 2

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    Ethics is the study of moral standards and whether those standards are reasonable. It examines how moral standards apply to our lives and society. Ethics comes from a Greek word meaning character or disposition. It encompasses the study of right and wrong, virtues and vices. Ethics is a major branch of philosophy that examines morality and tests the rightness or wrongness of human acts. Ethical business leadership creates an environment where ethical behavior is encouraged through building positive relationships based on trust, respect and fairness.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    21 views12 pages

    Module 2

    Uploaded by

    LUCELLE ESCANO
    Ethics is the study of moral standards and whether those standards are reasonable. It examines how moral standards apply to our lives and society. Ethics comes from a Greek word meaning character or disposition. It encompasses the study of right and wrong, virtues and vices. Ethics is a major branch of philosophy that examines morality and tests the rightness or wrongness of human acts. Ethical business leadership creates an environment where ethical behavior is encouraged through building positive relationships based on trust, respect and fairness.

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    © All Rights Reserved
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    Download as pptx, pdf, or txt
    of 12

    ETHICS AND

    BUSINESS
    MODULE 2
    What is
    Ethics?
    What is Ethics?

     It came from a Greek word “ethos” which means


    custom, character, habit or disposition.

     Is a way of being and a form of behaviour that is


    firmly rooted in the relationships.
    What is Ethics?
     It encompasses the study of moral problems, practical
    reasoning, right and wrong, good or bad, virtues and vices,
    character, moral duty, and related issues involving the nature,
    origins and scope of moral values.

     Ethics is a discipline that examines ones moral standards or


    moral standards of society. It asks how these standards apply
    to our lives and whether those standards are reasonable or
    unreasonable.
    What is Ethics?
     Ethics is a branch of philosophy that deals with morality.

     Ethics then can becomes a practical science designed to test logically the
    rightness or wrongness of human acts.

     Ethics is one of the major branches of philosophy

     Ethics is the study of what is good or evil, right or wrong, and just or
    unjust.
    THE TOY MANUFACTURER’S DILEMMA
    You are the owner of the medium business enterprise that
    manufacture and sells toys, you have found out that you are using
    a particular chemical that is suspected to be harmful to people
    especially children. You consider discontinuing the use of the said
    substance. However the alternative chemical is very expensive
    and it might take months before you can arrange its purchase and
    shipment. Consequently, this means a three months temporary
    work stoppage period of your 25 workers and a lost income
    equivalent to three months.
    Question: What will be your final decision? Continue or stop the
    operation. Why?

    6
    What is Ethical Business Leadership?
    .
    It creates an environment
    where ethical behaviour is
    encouraged- good people
    are able to do good deeds
    and decisions, and bad
    people are prevented from
    doing bad deeds and
    decisions.

    7
    What is Ethical Business Leadership?
    . The ethical leader understands that positive
    relationships are the gold standard for all
    organizational effort.  Good quality relationships built
    on respect and trust—not necessarily agreement,
    because people need to spark off each other—are the
    single most important determinant of organizational
    success.  The ethical leader understands that these
    kinds of relationships germinate and grow in the deep
    rich soil of fundamental principles: trust, respect,
    integrity,honesty,fairness,equity,justice and comp
    assion.

    8
    Tim Cook, Apple CEO
    Parents, friends, people who
    you surround yourself with,
    they are the collective group of
    people that influence you”,
    excerpts from his video”
    Talking with Real Leaders”.

    9
    A person will always be faced with
    decisions that would have an impact on the
    organization: “What should I do? How
    should I act?” These are the common
    questions that one asks when evaluating a
    situation that needs decision making. Based
    on a person’s morals or values, he may
    believe that honesty in everything she does,
    Therefore if someone asks him to cheat he
    will refuse based on his own set of values.

    10
    How should we live? Refers to how we live together in
    consideration of other members of community. Society and social
    institutions or organizations are supposed to mold their cultures
    in consideration of justice, public policy, law, civic virtues,
    organizational structure and political philosophy. This molding is
    called SOCIAL ETHICS.

    11
    ● Based on laws created and ● Based on codes of
    enforced by government conduct or morals
    ● Observance of laws is observed by a certain
    mandatory population
    ● Non-adherence is ● Observance of ethical
    punishable standards is voluntary
    ● Non-adherence is not
    usually punishable
    12

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