radhika.parulekar
Hi, I would like to know the different topic that I can present in my college for Bussiness ethics. Can you list some topics for business ethics.
From India, Mumbai
leolingham2000
260

Business

Principles of Ethics

THE FOLLOWING SUBJECTS COULD BE INCLUDED

Principle 1. the responsibilities of businesses: beyond

shareholders toward stakeholders.

Principle 2. the economic and social impact of

business: toward innovation, justice, and

world community

Principle 3. business behavior: beyond the letter of law

toward a spirit of trust.

Principle 4. respect for rules

Principle 5. support for multilateral trade

Principle 6. respect for the environment

Principle 7. avoidance of illicit operations

Principle 8. customers

Principle 9. employees

Principle 10. owners/investors

Principle 11. suppliers

Principle 12. competitors

Principle 13. communities

Principle 1. the responsibilities of businesses: beyond

shareholders toward stakeholdcrs

*The value of a business to society is the wealth and employment it

creates and the marketable products and services it provides to

consumers at a reasonable price commensurate with quality. To create

such value, a business must maintain its own economic health and

viability, but survival is not a sufficient goal.

*Businesses have a role to play in improving the lives of all their

customers, employees, and shareholders by sharing with them the

wealth they have created. Suppliers and competitors as well should

expect businesses to honor their obligations in a spirit of honesty and

fairness. As responsible citizens of the local, national, regional, and

global communities in which they operate, businesses share a part in

shaping the future of those communities.

Principle 2. the economic and social impact of

business: toward innovation, justice, and

world community

*Businesses established in foreign countries to develop, produce, or sell

should also contribute to the social advancement of those countries by

creating productive employment and helping to raise the purchasing

power of their citizens. Businesses also should contribute to human

rights, education, welfare, and vitalization of the countries in which

they operate.

*Businesses should contribute to economic and social development not

only in the countries in which they operate, but also in the world

community at large, through effective and prudent use of resources,

free, and fair competition, and emphasis upon innovation in

technology, production, methods, marketing, and communications.

Principle 3. business behavior: beyond the letter of law

toward a spirit of trust.

*While accepting the legitimacy of trade secrets, businesses should

recognize that sincerity, candor, truthfulness, the keeping of

promises, and transparency contribute not only to their own

credibility and stability but also to the smoothness and efficiency of ‑

business transactions, particularly on the international level.

Principle 4. respect for rules

*TO avoid trade friction and to promote freer trade, equal conditons

for competition, and fair and equitable treatment for all partcipants.

All businesses should respect international and domestic

rules. In addition, they should recognize that some behavior,

although legal, may still have adverse consequences.

Principle 5. support for multilateral trade

*Businesses should support the multilateral trade systems of

World Trade Organization and similar international

agreements. They should cooperate in efforts to promote the

progressive and judicious liberalization of trade, and to relax those

domestic measures that unreasonably hinder global commerce,

while giving due respect to national policy objectives.

Principle 6. respect for the environment

*A business should protect and, where possible, improve the

environment, promote sustainable development, and prevent the

wasteful use of natural resources.

Principle 7. avoidance of illicit operations

*A business should not participate in or condone bribery, money

laundering, or other corrupt practices; indeed, it should seek

cooperation with others to eliminate them. It should not trade in

arms or other materials used for terrorist activities, drug traffic, or

other organized crime.

Principle 8. customers

We believe in treating all customers with dignity, irrespective of

whether they purchase our products and services directly from us

or otherwise acquire them in the market. We therefore have a

responsibility to:

• provide our customers with the highest quality products and

services consistent with their requirements;

• treat our customers fairly in all respects of our business

transactions, including a high level of service and remedies for their

dissatisfaction;

• make every effort to ensure that the health and !Wety of our

customers, as well as the quality of their environment, will be

sustained or enhanced by our products and services;

• assure respect for human dignity in products offered, marketing,

and advertising; and respect the integrity of the culture of our

customers.

Principle 9. employees

*We believe in the dignity of every employee and in taking

employee interests seriously. We therefore have a responsibility

to:

*provide jobs and compensation that improve worker's living

conditions;

*provide work conditions that respect each employee's health and

dignity;

*be honest in communications with employees and open in sharing

information, limited only by legal and competitive restraint;

*listen to and, where possible, act on employee suggestions, ideas,

requests, and complaints;

*engage in good faith negotiations when conflict arises;

*avoid discriminatory practices and guarantee equal treatment and

opportunity in areas such as gender, age, race, and religion;

*promote in the business itself the employment of differently abled

people in places of work where they can be genuinely useful;

*protect employees from avoidable injury and illness in the

workplace;

*encourage and assist employees in developing relevant and

transferable skills and knowledge; and

*be sensitive to serious unemployment problems frequently associated

with business decisions, and work with the government, employee

groups, other agencies and each other in addressing these

dislocations.

Principle 10. owners/investors

We believe in honoring the trust our investors place in us. We

therefore have a responsibility to:

*apply professional and diligent management in order to secure a fair

and competitive return on our owners' investment;

*disclose relevant information to owners/investors subject only to

legal requirements and competitive constraints;

*conserve, protect, and increase the owners/investors' assets; and

*respect owners/investors' requests, suggestions, complaints, and

formal resolutions.

Principle 11. suppliers

Our relationship with suppliers and subcontractors must be based

mutual respect. We therefore have a responsibility to:

*seek fairness and truthfulness in all of our activities, including

pricing, licensing, and rights to sell;

*ensure that business activities are free from coercion and unnecessary

litigation;

*foster long‑term stability in the supplier relationship in return

for value, quality, competitiveness, and liability;

*share information with suppliers and integrate them into our

planning processes;

•pay suppliers on time and in accordance with agreed terms of

trade;

*seek, encourage, and prefer suppliers and subcontractors whose

employment practices respect human dignity.

Principle 12. competitors

We believe that fair economic competition is one of the basic

requirements for increasing the wealth of the nations and,

ultimately, for making possible the just distribution of goods and

services. We therefore have a responsibility to:

•foster open markets for trade and investments;

•promote competitive behavior that is socially and

environmentally beneficial and demonstrates mutual respect among

competitors;

•refrain from either seeking or participating in questionable

payments of favors totecure competitive advantages;

•respect both tangible and intellectual property rights; and

•refuse to acquire commercial information by dishonest or

unethical means, such as industrial espionage.

Principle 13. communities

We believe that as global corporate citizens, we can contribute to

such forces of reform and human rights as are at work in the

communities in which we operate. We therefore have a

responsibility in those communities to:

•respect human rights and democratic institutions, and promote

them wherever practicable;

• recognize government's legitimate obligation to the society at

large and support public policies and practices that promote

human development through harmonious relations betweei

business and other segments;

• collaborate with those forces in the community dedicated raising

standards of health, education, workplace safety, economic well­

being;

• promote and stimulate sustainable development and play leading

role in preserving and enhancing the physical environment and

conserving the earth's resources;

•support peace, security, diversity, and social integration"

•respect the integrity of local cultures;

•be a good corporate citizen through charitable donations,

vocational and cultural contributions, and employee participating in

community and civic affairs.

regards

LEO LINGHAM

From India, Mumbai
DR. RAJINDER S. AURORA
Hi, Just read your message. You can make a presentation on 1. Indian Values and Ethics 2. Changing Ethical Values 3. Ethics and Advertising Bye! Rajinder

Abdirahman yousuf
i would like full topics in bussiness ethics for the above guide line of bussiness ethics.
From Sudan
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