HCMC University of Foreign Languages

and Information Technology

Department of International Business
Administration

Lecturer: ng Quan
Tr
Group members:
1. Lm Tuyt Anh
2. Hong Thanh Trc
3. Nguyn Nh Qunh
4. Trn Th Anh Th
5. V Minh Thi

1. Game and vocabularies

2. Definition
3.Reading
4. Bad and good

1.
2.
3.
4.
5.
6.
7.

Supporters, people who argue in favor of something

Acceptability, according to law or public opinion
Institutions or organizations that provide help for people in need
Expressed, given a material form
Complying with or following (rule, etc.)
Liveliness, health, energy, strength
A condition of general well-being (and government spending designed
to achieve this)
P

M A C Y

E S

F O R M I
T Y

A R E

N G

BinhHanhcompany(TPHCM)-NguyenXuanBinhdirector
hasmadeporkchangetobeefsbyMetabisulfite

- The porks bought

from Dong Nai
province => the beefs
(used Metabisulfite).
- The chemical were
bought from Kim Bien
market.
Donthave
businessethics

 Ethics is concerned with what is good for

individuals and society and described as moral
philosophy.

Moral

Ethics

- This word usually applies - This word usually applies

to principles of right and
to professional and
wrong in personal behavior business practices
- Morals are more abstract,
subjective, and often
personal or religion-based

- Ethics are more practical,

conceived as shared
principles promoting
fairness in social and
business interactions

 Businessethics is a set of principles and standards

to effect adjust, assess, guide and control the
behavior of business subjects
Functions which lead to choosing right decisions
at right time for the welfare of not only business
owners but also consumers.

BenefitsofBusinessEthics
Making business activities fair and reasonable
for consumers.
Dealing with customers problems
Helping the organization in determining
obligations and duties toward individuals and
groups outside the organization

WhatisLaw?
- The system of rules that a community or
a particular country regulate behaviors of its
members
- Enforced by the imposition of penalties.

 Law often represents an ethical minimum

Law reflects society's codified ethics
Ethics often represents a standard that
exceeds the legal minimum
Overlap

 A corporation's initiatives to assess and

take responsibility for the company's effects on
environmental and social wellbeing.
Corporate citizenship can involve incurring
Aims to ensure that companies conduct their
short-term
costs
that
do
not
provide
business in a way that benefit the environment
an
immediate
financial
benefit
to
the
company
and society.
Aims to promote positive social and
environmental change.

1. Profit
2. Social Responsibility
3. Company Culture & Human
Responsibility

Reading
In 1920, many large American corporation began:

Reading
Establish pension funds
Employee stock ownership
Life insurance schemes
Unemployment compensation funds
Limitations on working hours
High wages
Built house, church, schools, libraries, provided
medical and legal services
Give money to charities.

PROFITS
Neil J. Mitchell
This did not bring
immediately cash benefits.
That large corporation had
a legitimacy problem
Way of creating favorable
public opinion

PROFITS
Better paid work
Henry
force Ford
would be
more
loyal,
would
All
actions
inspired
be able to buy
bymore
social
goods and
services
responsibility
rather
than
attempt
Better educate
towork
maximize
force profit.
would
be a more efficient
one

SOCIALRESPONSIBILITY
Milton Friedman
Being unbusinesslike, and for threatening
the survival not only of individual
corporation but also the general vitality of
capitalism.

SOCIALRESPONSIBILITY
Milton Friedman
Owner of the business and direct responsibility to his
employers.
Conforming to the basic rules: embodies in law and
ethical custom

SOCIALRESPONSIBILITY

Milton Friedman

Executive should not make expenditures on reducing pollution beyond

the amount that is required by law or that is in the interested of the firm.

To do so is to be guilty of spending the stockholders money

SOCIALRESPONSIBILITY
An alternative view to the stockholder model
Business manager have responsibility to all the group of
people with a stake in or an interest in or a claim on the
firm.
A firm is managed for the benefit of all its stakeholder and
they do a lot of ways in order to make small financial
savings

COMPANYCULTURE
Paying taxes on time

Right quality at reasonable price

Honesty in production processes

Employment generation

Avoiding hoarding, adulteration,

Welfare of employees

misleading advertisements

Avoid pollution (air, water)

HUMANRESPONSIBILITY
Fair remuneration
Working condition and environment
Job satisfaction
Growth
Training and development
Help society, economically backward
and handicapped persons

Bad
busine
ss
ethics

Actionsof
VedanVietnam
Dumped wastewater
into Thi Vai river.
Discharged amount
was 5-10 timeshigher
than that allowed.
Wastewater
approximately
50,000m3/day.

Consequenof
theactionVedan
Vietnam
89% of the pollution.
2686 hectares of
aquaculture pollution.
Fatal living organisms
in the river.
Subjected to a variety
of diseases.

McDonalds
Japan closing
stores after
food scandals
Shanghai Husi
Food Co.Ltd - a
major Chinese
supplier of
McDonalds chicken
didnt meet food
safety standards.
Found foreign
objects in
McDonals food.

Sarah Casanova CEO and

president of McDonalds Japan
apologized to
McDonalds customers.

GOOD BUSINESS
ETHICS

STARBUC
K

CO.OPMA
RT

Green
business

 Green business is a business functioning in a

capacity where no negative impact is made on the

local or global environment, the community, or the
economy.
A green business will also engage in forward-thinking
policies for environmental concerns and policies affecting
human rights.

Co.opma
rt
Tiu dng
xanh
champaign

CocaCola

Happy recycling
day

Coca-Cola
P&G

Nc ung
sch cho cng
ng
project

Thanks for your

attention