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ETHICS IN THE WORLD OF BUSINESS (PETRONAS SHARED VALUE (Loyalty: Nation…
- ETHICS IN THE WORLD OF BUSINESS
Business Ethics
WHAT?
study of what constitute right / wrong, good/ bad, human conduct in business context
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Business People: those who participate in planning, organising or directing work of business
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Code of ethics
WHAT?
social, religious or civil code and behaviour
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considered correct, especially those of particular group, profession, individual
CODE: statement of principle, policy and rules that guides behaviour
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Level of decision making
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organization
example:
- workers comes to office as it's her own responsibility
- worker is requesting form her boss to promote her ( as a boss, he cannot promote her)
Business System
- moving from organisational to business system
- because it will effect the other level in the business
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