Business Ethics
About Business Ethics
Business
ethics is the study of appropriate business policies and practices
regarding potentially controversial subjects including corporate
governance, insider trading, bribery, discrimination, corporate social
responsibility, and fiduciary responsibilities. The law often guides
business ethics, but at other times business ethics provide a basic
guideline that businesses can choose to follow to gain public approval.
Business
ethics ensure that a certain basic level of trust exists between
consumers and various forms of market participants with businesses. For
example, a portfolio manager must give the same consideration to the
portfolios of family members and small individual investors. These kinds
of practices ensure the public receives fair treatment.
Why is Business Ethics important?
Business
ethics are extremely important for any organization. A company that
authentically promotes and fosters ethical practices will:
• Attract investors and customers alike
• Build and maintain its reputation
• Enhance productivity
• Increase employee and customer loyalty
• Reduce business risk
Ethics in business should not and cannot be minimized if your company seeks to stand the test of time.
Who should take the Business Ethics Exam?
• Managers
• Corporate Trainers
• Organizational Leaders
• Anyone who wants to learn about business ethics
• Anyone who desires to get acquainted with the ethical aspects of running a business
Business Ethics Certification Course Outline
1. Business Ethics and Values
2. Ethical Theories
3. Personal Values
4. Values and Heuristics
5. Individual Responses
6. Role of Corporates
7. Sustainability
8. Ethics and Law
9. Ethics and IT
10. Other Ethics
11. Business Conduct and Ethics Sample