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Business Ethics and Culture

Sub. Code:
Topic: Nature and Sources of Ethics 17AEE25

Google Classroom Hour: 3


Unit I
Code: zg84tqp

Term: Semester IV
Faculty
Academic Year 2018-19
Dr. Lakshmanan
Even Semester
BBA (CA) Department - EDC Even Semester 2018-19

Attendance

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BBA (CA) Department - EDC Even Semester 2018-19

Snap Talk

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BBA (CA) Department - EDC Even Semester 2018-19

Agenda

Topic: Nature and Source of Ethics

Learning Objectives

Conspectus

Learning Outcomes

MCQs

Topics to be covered in Next Class

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BBA (CA) Department - EDC Even Semester 2018-19

Learning objectives

 To understand about nature of ethics.

 To get clear idea about sources of ethics.

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BBA (CA) Department - EDC Even Semester 2018-19

Nature of ethics

The nature of ethics are,

 Deals with human conduct

 Science of ethics (normative science)-

 concepts of ethics-

 Study of ethics

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BBA (CA) Department - EDC Even Semester 2018-19

 Deals with human conduct- voluntary; not forced or coerced by


persons or circumstances.
Example- injuring or killing a person who has come to kill you is not a
moral or legal offense; but a cold blooded murder is the highest kind of
moral or legal crime.
 Science of ethics (normative science)-
• Judge the values of the facts in terms of an ideal situation.

• Concerned with factual judgements of “what ought to be”, but not with
factual judgements.

• Ethics is concerned with judgment of value or what ought to be ; seeks to


determine the nature of the norm ideal or standards and seeks to enquire
into the fitness of human actions to this ideal.

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BBA (CA) Department - EDC Even Semester 2018-19

 Concepts of ethics- Deals with human beings only as they are


endowed with freedom of choice and means of free will.

• Human beings can distinguish between good and evil, right and
wrong, just and proper.

• Human beings can distinguish between the end he wishes to


pursue and the means to gain that end.

• Only the human beings does the questions of ethics, values and
moral conducts.

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BBA (CA) Department - EDC Even Semester 2018-19

 Study of ethics- a set of systematic knowledge about moral behavior


and conduct ; a science- a field of social science.

• Business ethics is nothing but the application of ethics in business and


can still make profits.

• Moral interests shown in the application of ethical practices in business


dealings and the ethical implications

• Profit maximization and discharging of social responsibilities at the


maximum limit cannot be done simultaneously.

• By introducing advanced technology to replace occupations of age old


inhabitants is an ethical dilemma. Many managerial decisions have
ethical implications and these decisions give rise to managerial
dilemmas

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BBA (CA) Department - EDC Even Semester 2018-19

Sources of ethics

 General inheritance

 Religion

 Philosophical systems

 Cultural experience

 Legal systems

 Code of conduct

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BBA (CA) Department - EDC Even Semester 2018-19

General inheritance- the qualities of goodness is a product of genetic


traits strengthened over time by evolutionary process.

Religion- religious morality is clearly a primary focus in shaping our


societal ethics through a rule exemplified by the Golden Rule and
the Ten Commandments.

Philosophical systems- the quality of pleasure to be derived from an


act was the essential measures of its goodness as per the
epicureans. The stoics like the puritans and many contemporary
Americans advocated a disciplined, hard working , thrifty life style.
Such philosophies have been instrumental In our society’s moral
development.

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BBA (CA) Department - EDC Even Semester 2018-19

Cultural experience- John Steiner refers to the rules , customs and

standards transmitted from generation to generation as guidelines for

appropriate conducts. Individual values are shaped In large measures

by the norms of the society

Legal system- law is an ever changing approximation of current

perceptions of right and wrong. Laws represent a rough approximation

of society’s ethical standards . it serves to educate about the ethical

causes in life and should not be treated as a vehicle for expressing all

of society’s ethical preferences.

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BBA (CA) Department - EDC Even Semester 2018-19

Code of conduct- George Steiner and John Steiner identified three primary
categories of codes.

Company codes- Ordinarily brief and highly generalized express broad


expectations about its conduct.

Company operating policies- contain ethical dimensions , express policies as to


gifts , customer complains hiring and other decisions serve as a guide to
conducts and as a shield by which employee can protect unethical advances.

Code of ethics- (professional and industry associations have developed code of


ethics such as Affirmative Ethical Principles of the American institute of
certified public accountants) it is a growing expression of the business
community’s sincere concern about ethics . however the utility of such codes
remains unsettled.

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BBA (CA) Department - EDC Even Semester 2018-19

Conspectus

Nature of ethics - Deals with human conduct, Science of ethics

(normative science), concepts of ethics, Study of ethics

Sources of Ethics - General inheritance, Religion, Philosophical

systems, Cultural experience, Legal systems and Code of

conduct

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BBA (CA) Department - EDC Even Semester 2018-19

Learning Outcomes

Able to

discuss about nature of ethics.

Key out the idea on the sources of ethics.

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BBA (CA) Department - EDC Even Semester 2018-19

MCQs

Q1. Science of ethics is …..

a. Formative b. Normative c. Summative

Q2. …….focuses in shaping societal ethics through golden rules.

a. General inheritance b. Religious morality

c. Cultural experience d. Philosophical system

Q3. Who refers “rules and customs” as guidelines for appropriate


conducts.

a. John Steiner b. George Steiner c. Immanuel Kant

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BBA (CA) Department - EDC Even Semester 2018-19

Topics to be covered in Next Class

 Values

 Types of values – Cultural norms, Moral imperatives, General

and controlling values, Ethical implications.

 Classification of values: -Primary values and terminal values

- Instrumental values

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