Meeting 3 - Business Ethics Problem.pptx

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1. ETHICAL PROBLEMS BUSINESS' COVER INTRODUCTION DISCUSSION MK Etika Bisnis Nadia Sasmita W., M.Si

2. COVER INTRODUCTION DISCUSSION 2 16 ABOUT BUSINESS ETHICAL ISSUES In the complex global business environment of the 21st century, companies of every size face a multitude of ethical issues. Businesses have the responsibility to develop codes of conduct and ethics that every member of the organization must abide by and put into action. Fundamental ethical issues in business include promoting conduct based on integrity and that engenders trust, but more complex issues include accommodating diversity, empathetic decision-making, and compliance and governance consistent with a company's core values

3. COVER INTRODUCTION DISCUSSION 3 16 LIST OF ETHICAL ISSUES IN BUSINESS F undamental Ethical Issues Diversity and the Respectful Workplace Decision-Making Issues C ompliance and Governance Issues

4. 16 COVER INTRODUCTION DISCUSSION F UNDAMENTAL ETHICAL ISSUES Integrity and trust The most fundamental or essential ethical issues that businesses must face are integrity and trust. A basic understanding of integrity includes the idea of conducting your business affairs with honesty and a commitment to treating every customer fairly. When customers think a company is exhibiting an unwavering commitment to ethical business practices, a high level of trust can develop between the business and the people it seeks to serve. A relationship of trust between you and your customers may be a key factor in your company's success.

5. 5 16 COVER INTRODUCTION DISCUSSION SERVICES Diversity and the Respectful Workplace Your current and potential employees are a diverse pool of people who deserve to have their differences respected when they choose to work at your business. An ethical response to diversity begins with recruiting a diverse workforce, enforces equal opportunity in all training programs and is fulfilled when every employee is able to enjoy a respectful workplace environment that values their contributions. Maximizing the value of each employees' contribution is a key element in your business's success.

6. 6 16 COVER INTRODUCTION DISCUSSION D ecision-Making Issues A useful method for exploring ethical dilemmas and identifying ethical courses of action includes collecting the facts, evaluating any alternative actions, making a decision, testing the decision for fairness and reflecting on the outcome. Ethical decision-making processes should center on protecting employee and customer rights, making sure all business operations are fair and just, protecting the common good, and making sure the individual values and beliefs of workers are protected. WHAT WE OFFER

7. C OMPLIANCE AND GOVERNANCE ISSUES Businesses are expected to fully comply with environmental laws, federal and state safety regulations, fiscal and monetary reporting statutes and all applicable civil rights laws. For example, the Aluminum Company of America's (ALCOA) approach to compliance ensures no one at the company may ask any employee to break the law or go against company values, policies and procedures. The company's commitment to compliance is shored up by its approach to corporate governance: the company expects all ALCOA directors, officers and executives to conduct business in accordance with its business conduct policies. COVER INTRODUCTION DISCUSSION 7 16

8. 9 16 COVER INTRODUCTION DISCUSSION THE 5 BIGGEST ETHICAL ISS UES FACING BUSINESSES According to the Global Business Ethics Survey of 2018, employees (40%) believe that their company has a weak leaning ethical culture, and that little progress has been made to mitigate wrongdoing. Here are some of the ethical issues in business and real-world cases of how these ethical issues have affected companies.

9. 10 16 COVER INTRODUCTION DISCUSSION ETHIC AL ISSUES IN BUSINESS From factory working conditions at the turn of the 20th century, to today’s emphasis on diversity training, the history of workplace ethics is the ongoing story of the relationship between employees and employers. 1. Unethical Accounting 2. Social Media Ethics 3. Harassment and Discrimination 4. Health and Safety 5. Tech nology/Privacy

10. 15 16 COVER INTRODUCTION DISCUSSION CONCLUSION ethics is based on standards of right and wrong that dictate what humans should do, usually in terms of “rights, obligations, benefits to society, fairness, or specific virtues.” Ethics is not the same as religion, feelings, following the law or societal expectations. Rather, ethics encompasses: Refraining from wrong actions, such as theft, murder or fraud Human rights, such as the right to life and the right to privacy Virtues, such as honesty, compassion and loyalty

11. 14 16 COVER INTRODUCTION DISCUSSION QUESTION TO BE DISCUSSED Why in making decision strategy should be considered in ethical issues ? Is there any correlation between ethics and emotionally decision making whilst in making decision have to be more rationally than emotionally?

12. THANK YOU FOR YOUR ATTENTION MK ETIKA BISNIS