Présentation TEO

8/9/2019 Présentation TEO

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Bunsiness and Ethics


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OUTLINE:Defnition o Ethics andBusiness .

Characteristics o a successulbusiness .

Being ethical and proftable atonce .

Conclusion


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DEFINITION OF ETHICS

Ethics : Richard Paul and Linda Elder of the Foundation

for Critical Thinking dene ethics as "a set of

concepts and principles that guide us indetermining what behaior helps or harmssentient creatures"!

The Ca!bridge Dictionar" o #hilosoph" states

that the word ethics is "commonl usedinterchangeabl with #moralit# !!! and sometimesit is used to mean the moral principles of aparticular tradition% group or indiidual!

http://en.wikipedia.org/wiki/Cambridge_Dictionary_of_Philosophyhttp://en.wikipedia.org/wiki/Moralityhttp://en.wikipedia.org/wiki/Moralityhttp://en.wikipedia.org/wiki/Cambridge_Dictionary_of_Philosophy


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DEFINITION OFB$SINESS Business & business% also known as an enterprise

or a frm% is an organi'ation inoled in the

trade of goods% serices% or both toconsumers!

(usinesses ma also be not)for)prot or

state)owned! & business owned b multipleindiiduals ma be referred to as a compan

Business ethics : is about relationships%alues% *ustice!

http://en.wikipedia.org/wiki/Organizationhttp://en.wikipedia.org/wiki/Tradehttp://en.wikipedia.org/wiki/Good_(economics)http://en.wikipedia.org/wiki/Service_(economics)http://en.wikipedia.org/wiki/Consumerhttp://en.wikipedia.org/wiki/Non-profit_organizationhttp://en.wikipedia.org/wiki/Government-owned_corporationhttp://en.wikipedia.org/wiki/Companyhttp://en.wikipedia.org/wiki/Companyhttp://en.wikipedia.org/wiki/Government-owned_corporationhttp://en.wikipedia.org/wiki/Non-profit_organizationhttp://en.wikipedia.org/wiki/Consumerhttp://en.wikipedia.org/wiki/Service_(economics)http://en.wikipedia.org/wiki/Good_(economics)http://en.wikipedia.org/wiki/Tradehttp://en.wikipedia.org/wiki/Organization


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CH%&%CTE&ISTICS OF % S$CCESSF$' B$SINESS

Follow your dreams and take therisk : &ll successful entrepreneurs hae an idea thewant to pursue! a dream is the ke! +t,s the starting point

Make the sacrifce and be ersistent :

take the measured risks associated with launching abusiness that ma include loss of mone% possible failureand health risks! Those who start and grow abusiness will gie up man personal benets to besuccessful! -acrice will include time% relationships and

other opportunities

!now your customers : -uccessfulentrepreneurs know the needs of their customers!

The know eerthing about them! The know what

the want% when% where and at what price!


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"ire the ri#ht emloyees and$alue them : .inners know how to nd%select% hire% train% motiate% reward and retain

great emploees! The thoughtfull eliminateworkers who don,t contribute! The eleate thosewho do and assemble the best team possible!!

%ommunicate constantly : The

regularl communicate with emploees%endors% inestors% suppliers and customersabout what,s happening


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UNET"I%&L BU'INE'' ()&%TI%E' :

&le :

Eerone wants an iPhone andno one reall cares if it were madeb tin child slaes who are forcedto work in dangerous conditions%inhaling cancerous apours% for /0

hours a da% seen das a week!&nd that is wh &pple continues tobe so protable!

&pple co)founder -tee .o'niak

claimed that &pple was engagingin unethical ta1 practices butili'ing an +rish ta1 loophole toaoid paing billions in ta1es on

international sales!

http://www.technobuffalo.com/2013/05/30/wozniak-comments-on-apple-tax-practices/http://www.technobuffalo.com/2013/05/30/wozniak-comments-on-apple-tax-practices/http://www.technobuffalo.com/2013/05/30/wozniak-comments-on-apple-tax-practices/http://www.technobuffalo.com/2013/05/30/wozniak-comments-on-apple-tax-practices/http://www.technobuffalo.com/2013/05/30/wozniak-comments-on-apple-tax-practices/http://www.technobuffalo.com/2013/05/30/wozniak-comments-on-apple-tax-practices/


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TO(OT% I)NO&ED S%FET( CONCE&NS TO S%*E +ONE(

Toota made a huge and

unethical failure ! &fterconfronted with safet concernsregarding fault breaks andsticking pedals in 2003 !

The" basicall" betra"ed their pro!ise as a co!pan" b"ignoring saet" concerns anddela"ing recall in,estigations -ust

so the" could sa,e a little !one". Toota got called out on thisunethical practice after a fewdeaths and een morecomplaints about their unsafe

ehicles!


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*OU %&N+T BE ET"I%&L &N,()OFIT&BLE

There see!s to be the nagging idea that a business

cannot be co!pletel" ethical hile generating large profts. This is a !"th.

4rgani'ations like Patagonia% &ma'on!com% and others

proe 5ethics cost mone6 is a fallac!

These organi'ations dispel this mth b: understanding the true nature of business ethics: not

of uniersal or idealistic absolutes% but of subscriptionto the core alues that the themseles deelop!

7ou,ll discoer e1actl how to deelop our own ethical

AND protable core alues% and how to ensureshareholder bu)in to them 8which enhances internalrelationships and corporate culture9! 7ou,ll also discoerhow to leerage our alues to simplif and streamline

critical decision making within our compan!


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CONC'$SION Ethics

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