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Unit-1 Business Ethics: An Overview - Odisha State Open ...

Odisha State Open University Page 1 Unit-1 Business ethics : An Overview Structure Learning Objectives Introduction Features and Principles of Business ethics Importance of ethics in Business Functional Business Areas Ethical Issues in international Business Let s Sum Up Key Terms Self-Assessment Questions Further Readings Model Questions Odisha State Open University Page 2 LEARNING OBJECTIVES After going through this unit , you will be able to: Understand what is Business ethics Appreciate the global nature of Business ethics Be aware of the prevalence of unethical behavior around the world Appreciate the benefits of ethical companies Understand the types of Business ethics issues INTRODUCTION The term ethics is derived from the Greek word ethos , which means character. ethics is a branch of social sciences, which deals with concepts such as right and wrong, good and bad, fair and unfair, just and unjust, legal and illegal, moral and immoral, proper and improper in respect of human actions.

Business Ethics: An Overview Structure 1.0 Learning Objectives 1.1 Introduction 1.2 Features and Principles of Business Ethics 1.3 Importance of Ethics in Business 1.4 Functional Business Areas 1.5 Ethical Issues in International Business 1.6 Let’s Sum Up 1.7 Key Terms 1.8 Self-Assessment Questions 1.9 Further Readings 1.10 Model Questions

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