Page 116 - IC90 Human Resource Management
P. 116
C. T he Ethical Dilemma
Choices in life are not simple. Situations do not develop to our liking. We often
feel compelled to do what we do not want to do, something that our values do
not permit us to do. Sometimes, even without any compulsion from outside,
the alternatives to choose from may have ethical implications.
D. Business Ethics
a) The norms of behaviour (values) sanctioned by society distinguish
between a business deal and a non-business transaction.
b) Profit is proper only in business
c) Grey areas
d) Perception
e) Ethics and Governance
f) Organisational Values
g) Values of an organisation determine its ethical behaviour
h) Ethical decisions
E. The Spiritual Basis
Individuals determine corporate values. Some individuals have more influence
than others in determining corporate values. A strong spiritual base helps to
exercise significant influence.
