STUDENTS! Well done! First Year Students! Almost all of you have submitted your assignment on the decided submission date. Many of you have written assignment very stigmatic way. Go thorough the answers and check it and if you have any doubt let me inform in regular class, we will solve it. HAVE A GREAT TIME !
WHAT IS BUSINESS ETHICS? “Ethics always says, “Not I, but thou.” Its motto is, “Not self, but non-self.” The vain ideas of individualism, to which man clings when he is trying to find that infinite power or that infinite pleasure through the senses, have to put yourself last, and others before you. The senses say, “Myself first.” Ethics says, “I must hold myself last.” Thus, all codes of ethics are based upon this renunciation; destruction, not construction, of the individual on the material plane.” – Swamy Vivekananda According to John Donaldson (1989), ‘Business ethics in short can be described as a systematic study of moral (ethical) matters pertaining to business, industry or related activities, institutions or practices and beliefs’. ‘Business ethics is the study of moral standards and how they apply to the systems and organizations through which modern societies produce and distribute goods and services, and to the people who work in these organizations’....