constructed-1gghhggh60317005212 (1).pptx

constructed-1gghhggh60317005212 (1).pptx

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  Ethical Dilemmas, Sources & Their Resolutions
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  Presented By Tamim Tanvir ShehabSharier Marina Sultana Abdullah al Maruf Sushmoy Peris Proshanto Podder Sumaya rahman
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  THE OBJECTIVE OFTHIS PRESENTATION KNOW ABOUT • • • • • Ethical dilemma Affect on business Code of personal ethics for employees Ethical work environment Negative image PROBLEMS AND SOLUTIONS • Source of ethical problems • How to establish ethical standards • How to resolve ethical dilemmas
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  Ethical Dilemma ● Ethicaldilemma is moral situation where a choice has to be made between two equally undesirable alternatives. ● It is also known as moral dilemma. ● In these moral situations societal & personal ethical guidelines can provide no satisfactory outcome for solving dilemma.
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  IMPACT • Its mainlyimpact on organization profitability & competitiveness & • Its stake holders
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  Results in ethicaldilemma
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  Some ethical problemcause ethical dellemas
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  Ethical Dilemmas andits effect on Business ● Corporate management is in dilemmas to follow ethics in business or to favor stakeholders. The major ethical Dilemmas those affect any business are: ❑Shareholders. ❑Employees. ❑Society. ❑Creates negative image.
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  AFFECT ON THESTAKEHOLDERS
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  Negative Image ▪Negative imageis the bad impression of a company or any individual because of wrong or dishonest activity. ▪ only focusing on the economic profit rather than social welfare. ▪ low quality products. ▪ Most often companies have negative image to favor anyone of the stakeholders
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  Sources of EthicalProblems ● Ethical Dilemmas can occur by changes in:- ❑Law. ❑Economic system. ❑Ideologies. ❑New technologies. ❑Religious. ❑Cultural and social beliefs.
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  The major ethicalproblems may occur due to………
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  some ethical challenges ▪Wagediscrimination structures of the employees. ▪Overtime work of women & children in factories. ▪Fix the appropriate price and profit in market. ▪Shift business for the betterment of the society. ▪Distribute unfair shares between the stakeholders and employees of the organization. ▪provide quality product to the customers.
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  Importance of Ethicalact in Busine Organization ❖Maintain good reputation of the organization by meeting the expectation of shareholders. ❖Protect and prevent general public from who are related to the organization. trust of the ❖Build good relationship and gain shareholders of organization. ❖Protect employees of the organization. ❖Protect business organization from dishonest & harmful employees, publics and competitors.
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  Reduce & ResolveDilemmas in Business ➢Establishing corporate code of conducts for employees and follow those rules Strictly. the top level of the for standard ethical ➢Employ highly skilled people in corporation who have reputation behavior. ➢Reward to employee who maintain good ethical conducts in their corporate job Performance. ➢Follow Personal Code of Ethics for Employees.
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  Reduce & ResolveDilemmas in Business ➢Effective and open communication with every employees. ➢A manager must judge his actions by the fundamental human characteristics such as honesty, transparency, impartiality, fairness & equality. ➢Avoid situations that create conflict of interest and act integrity. ➢Create an Ethical Working Environment.
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  Conclusion ❑In business farmsEthical problems mainly involve taking decisions about a range of actions and consequence of results in achieving business goals. ❑While making decisions through ethical dilemmas a manager have to choose the value that is most suitable and important regarding fulfilling the corporation’s vision & mission. ❑An ethical business organization must treat all its shareholders, employees and society equally by avoiding any conflict of interest. ❑Judge every action in a fair manner.
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  Thank You