Study Notes

  Unit 2 PERSON AL ETHICS  Introduction - Meaning - Emotional Honesty – Virtue of humility - Promote happiness - karma yoga - Proactive - flexibility and purity of mind.  Our concepts of ethics have been derived from rel i gions, philosophies and cultures. They infuse debates on topics like abortion, human r i ghts and pr ofess i onal conduct. Personal ethics It is a category of philosophy that determines what an individual believes about morality and right and wrong. This is usually distinguished from business ethics or legal ethics. T h ese branches of ethics come from outside organizations o r g overnments, not the individual's conscie nce. These branches of ethics occasionally overlap. Personal ethics can affect all areas of life, including family, finances and relationships.  The basic principles and values that govern interactions among individuals. Basically, ethics are your sense of right and wrong. Your morals and values that define how you are as a person...

  Unit 3 Ethics in Management Ethics in management refers to the ethical treatment given to all its various stakeholders as well as the general public. ethics in management can be defined as a set of moral principles. Principles that govern the actions of a person or a group. It is a norm of behaviour that guides leaders  and managers in their day-to-day actions. Unit 2-Personal Ethics Ethics in Management includes i).Ethics in HRM ii).Marketing Ethics/Ethics in Marketing iii).Ethics aspects of Financial Management iv).Ethics in Technology/Technology Ethics and Professional Ethics i)Ethics in Human R esource Managemen t (HRM) HRM is the process of planning, organizing, directing and controlling human activities to achieve the organizational goal and individual goals. Ethics in HRM indicates the treatment of employees with ordinary decency and distributive justice. T h e ethical business contributes to the b usiness g oals as the employees will feel motivated and t hey will w...