CHAPTER 19
Business Ethics
CHAPTER OUTLINE
- Ethics and Values
- Relevance of Ethics in Business
- Benefits of Ethical Business
- Importance of Business Ethics
- Values in Business
- Inculcating Values in Management
- Categories of Business Values
- Need for Ethics in Global Change
- Managing Ethics
- Impact of Globalisation on Business Ethics
- Business Ethics as Competitive Advantage
- Business Ethics in India
- Case
- Summary
- Key Words
- Questions
- References
ETHICS AND VALUES
Some say “Knowledge is Power”. I believe that actual power lies in the character of a person. Human and ethical values constitute the “wealth” of a character. Ethics is nothing but the degree of faith that one bestows upon oneself. Ethics involves learning what is right or wrong. According to Wayne ...
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