Business ethics PDF
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THIS PAGE IS BLANK Copyright © 2006 New Age International (P) Ltd., Publishers Published by New Age International (P) Ltd., Publishers All rights reserved. No part of this ebook may be reproduced in any form, by photostat, microfilm, xerography, or any other means, or incorporated into any information retrieval system, electronic or mechanical, without the written permission of the publisher. All inquiries should be emailed to [email protected] ISBN (10) : 81-224-2329-9 ISBN (13) : 978-81-224-2329-7 PUBLISHING FOR ONE WORLD NEW AGE INTERNATIONAL (P) LIMITED, PUBLISHERS 4835/24, Ansari Road, Daryaganj, New Delhi - 110002 Visit us at www.newagepublishers.com Dedication This book is dedicated to my husband Mr. Nitin Paliwal who has always been a constant source of support and encouragement to me THIS PAGE IS BLANK Foreward The rise of the modern business organizations and global commerce has reshaped the world and has made traditional society obsolete. The mankind history has moved from hunting to barter to modern production and exchange of goods and services. Our consumer needs have exploded, technological advancements have taken place and consumer protection groups are becoming more dynamics. These profound changes gave rise to a whole range of practical theories concerning the inner functioning and organization of business activities. One of these disciplines is Business Ethics. I am happy to note that Ms. Manisha Paliwal has exhaustively covered all the approaches having focus in protecting various interests, i.e., Social responsibility of business, Corporate Governance and Business ethics under different functional areas. The author has rightly started with the concepts of Ethics and Business ethics and the concepts of new ethics. Ethical value system and Ethical corporate behavior has been dealt in the right perspective. Equal importance hase been given to the Ethical leadership and Ethical decision making along with the ethical dilemmas in the organization. In addition to all these, Ethics in marketing, finance, human resource, information technology and Environmental ethics have been covered. Lastly Ms. Manisha has touched upon ethical issues such as Gender ethics, Sexual harassment and Discrimination. In my view this book will be an addition to the management literature in India. It is a good source for learning, teaching and practicing managers. The book is written in a simple and lucid language, beneficial to all who are directly or indirectly involved in Business Ethics discipline. Dr. M.M. Ali Chairman MBA Programme SIBER Kolhapur (Maharashtra) THIS PAGE IS BLANK Preface Business ethics is nothing but the application of ethics in business. It is the application of general ethical rules to business behavior. Business ethics concentrates on moral standards as they apply to business policies, institutions and behavior. It is a specialized study of moral right or wrong. It is a systematic study of ethical matters pertaining to business industry or related activities. In any organization from top executive to bottom line employees, ethics is considered as every body’ business. It is not just only achieving high level of economic performance but also to conduct one of business’s most important social challenges, ethically at the same time. Ethics in business and management is gaining momentum day by day. The main aim of this book is to– 1. Impart knowledge, analytical skills and developments of managers to apply ethical concepts in business. 2. Introduce various ethical concepts in practical application. 3. Create awareness about moral values, corporate social responsibility. 4. Develop the abilities to resolve ethical dilemmas. 5. Inculcate high level of integrity. 6. Introduce new ethical aspects in 21st century. I hope this book will be helpful for management students to understand the basic concepts of business ethics. As AICTE, in India has in Dec. 1995, recommended the inclusion of business ethics as a subject in management study curriculum. Therefore, many of the Indian Universities have now introduced Business ethics as a compulsory subject for the postgraduate students and professional courses. The book has been divided into six sections and in total 16 chapters– Part–I Ethics–An introduction Part –II Ethics in organization Part –III Ethical choices in business
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