Business Ethics And Social Responsibility Lecture Note Pdf
Download Business Ethics, Corporate Social Responsibility, and Governance Notes for MBA Pdf. Here We Provide the 3rd Semester PDF Study Material & Books with Download Links. Students can Download the Study materials and Pdf Books and they can Use them in their Academic Preparation.
Corporate social responsibility. Business ethics lecture notes pdf Business ethics, corporate social.Business ethics are the accepted principles of right or wrong.
You can easily adapt the MBA Lecture Notes,, and Books to take full advantage of the complete material we offer in Below Links. The core courses in an MBA program cover various areas of business such as accounting, finance, marketing, human resources, operations, and statistics etc. Below you can Check the Study materials and Question papers will be Available in pdf Download on business ethics and social responsibility articles. Also, Read The Following Links: • • • Business Ethics, Corporate Social Responsibility, and Governance Notes for MBA Pdf The famous missionary physician and humanitarian Albert Schweitzer defined ethics as “ our concern for good behavior. List Of Wineskin Compatible Games For Playstation. We feel an obligation to consider not only our own personal well-being but also that of other human beings” this meaning is similar to the precept of the Golden Rule: Do unto others as you would have them do unto you. Ethics are principles or standards of human conduct, sometimes called morals, and, by extension, the study of such principles is sometimes called moral philosophy. UNIT III LEGAL ASPECTS OF ETHICS Political-legal environment; Provisions of the Indian constitution pertaining to Business; Political setup – major characteristics and their implications for business; Prominent features of MRTP & FERA. Social-cultural environment and their impact on business operations, Salient features of Indian culture and values.
30 UNIT IV ENVIRONMENTAL ETHICS Economic Environment; Philosophy of economic grow and its implications for business, Main features of Economic Planning with respect to business; Industrial policy and framework of government contract over Business; Role of chamber of commerce and Confederation of Indian Industries. UNIT V CORPORATE SOCIAL RESPONSIBILITY AND GOVERNANCE Definition- Evolution- Need for CSR; Theoretical perspectives; Corporate citizenship; Business practices; Strategies for CSR; Challenges and implementation; Evolution of corporate governance; Governance practices and regulation; Structure and development of boards; Role of capital market and government; Governance ratings; Future of governance- innovative practices; Case studies with lessons learnt. MBA Business Ethics, Corporate Social Responsibility, and Governance Review Questions • Describe the meaning and your understanding of corporate Governance especially in Indian Context. • Enumerate the best Corporate Governance practices in major economies. • Explain the evolution of corporate Governances in India. • Describe the role, responsibilities and the evaluation of board of directors of a company.
• Interpret transparency and accountability in terms of Corporate Governance. • Describe the regulatory framework of Corporate Governance in India. • Why present corporate Governance systems emphasize on the role of audit committees, and their independence and also the role of independent directors?
• Would the increased role of independent directors in future generate a conflict with companies managerial control? • What do you understand by the concept of Corporate Socia responsibility? • Do you believe it to be an important part of the core business strategy? If yes, elucidate with examples. • What are the inherent and perceived benefits from Corporate Social Responsibility? • Highlight the importance of CSR with the help of examples.
• Critically analyze the concept of CSR. • Discuss the various approach and models for corporate social responsibility. • Explain the issues of concern in regard to the corporate social responsibility as a strategic move. • What do you understand by the following? Corporate citizenship b.
Corporate social performance c. Corporate social responsiveness Buy MBA Business Ethics, Corporate Social Responsibility, and Governance books Online at Amazon.in. ₹ 9,096 - ₹ 11 ₹ 7,993 We Provide the Business Ethics, Corporate Social Responsibility, and Governance Notes for MBA Pdf- MBA 3rd Semester PDF Study Material & Books. Share this article with other Students of MBA who are searching for MBA 3rd Sem Notes & Books. Any University student can download given MBA Business Ethics, Corporate Social Responsibility, and Governance Notes and Study material or you can buy MBA 3rd sem Business Ethics, Corporate Social Responsibility, and Governance Books at Amazon also. For more information about the MBA Business Ethics, Corporate Social Responsibility, and Governance, visit our website and you can clarify your doubts via comment box.
What is Ethics? • Definition – Code of moral principles and values that – Govern behavior of individuals and organizations – With respect to what is right or wrong • Codified law at one end and free will at the other • Ethics lie between the two extremes – Law – written code of values Enforced by society in courts – Free will- established code of ethics by the individual – Ethics – the space in between is based on shared values of the organization and the people in it. – Room for disagreement within broad value systems Docsity.com. Some Decision Rules for making ethical decisions: Utilitarian = Do whatever produces the greatest good and the most satisfaction for the greatest number of people Individualism=Do what is in the best long term interest of the individual. Trickle down theory- the individuals best interest served by negotiation and give and take and will therefore ultimately result in the best for society.
Moral Rights=individuals have fundamental rights. Decisions should be made to insure an individual’s rights are not violated. Right to choose vs. Right to life. Justice Approach= • Distributive-decisions can’t be arbitrary – they apply equally to everyone. • Procedural-rules must be administered fairly • Compensatory-people are entitled to be compensated if they are wronged.
What Are the Drivers of Unethical Strategies and Business Behavior? Download Free Ravenloft 25th Anniversary Pdf Free more. • The large numbers of immoral and amoral business people. Overzealous pursuit of personal gain, wealth, and other selfish interests. People obsessed with wealth accumulation, greed, power, and status often • Heavy pressures on company managers to meet or beat earnings targets Managers often feel enormous pressure to do whatever it takes to deliver good financial performance • A company culture that places profits and good performance ahead of ethical behavior Docsity.com.
Company Culture Places Profits and Good Performance Ahead of Ethical Behavior • In an ethically corrupt or amoral work climate, people have a company-approved license to – Ignore “what’s right” – Engage in most any behavior or employ most any strategy they think they can get away with – Play down the relevance of ethical strategic actions and business conduct • Pressures to conform to the norms of the corporate culture can prompt otherwise honorable people to – Make ethical mistakes – Succumb to the many opportunities around them to engage in unethical practices Docsity.com. Cross-Culture Variability in Ethical Standards • Apart from certain universal basics – – Honesty – Trustworthiness – Fairness – Avoiding unnecessary harm – Respecting the environment – variations exist in what societies generally agree to be right and wrong in the conduct of business activities • Factors affecting cross-cultural variability – Religious beliefs – Historic traditions – Social customs – Prevailing political and economic doctrines • Cross-country variations also exist in the degree to which certain behaviors are considered unethical Docsity.com. Actions Taken With a Compliance Approach • Make code of ethics a visible and regular part of communications with employees • Implement ethics training programs • Appoint a chief ethics officer • Have ethics committees to give guidance on ethics matters • Institute formal procedures for investigating alleged ethics violations • Conduct ethics audits to measure and document compliance • Give ethics awards to employees for outstanding efforts to create an ethical climate • Install ethics hotlines to help detect and deter violations Docsity.com. Characteristics of Ethical Culture Approach • Top executives believe high ethical principles must – Be deeply ingrained in the corporate culture – Function as guides for “how we do things around here” • Company seeks to gain employee buy-in to – Company’s ethical standards – Business principles – Corporate values • Ethical principles in company’s code of ethics are – Integral to day-to-day operations – Promoted as “business as usual” • Strategy must be ethical • Employees must display ethical behaviors in executing the strategy Docsity.com.