Reasons for Government’s Intervention in Private Business The brutal consequences of free trade economy around the world compelled the Government, social thinkers and economists to stress for some
Why should business be concerned about social responsibility? This question has attracted the attention of many thinkers, both from academics as well as from practitioners. There have been
Ethical Issues in Advertising Ethics are moral principles and values that govern the actions and decisions of an individual or group. The decisions of marketers in advertising should
What are unfair practices? Section 36A of MRTP Act, 1984 defines unfair practices to mean any trade practice which, for the purpose of promoting the sale, use or
What is Indiscipline in an organization? An act of indiscipline or misconduct is the deviation or by passing of the established rules which should be followed without any
Types of Business Ethics It is really impossible to classify the business ethics into certain definite types. However, attempts have been made to classify them into certain categories.
Factors influencing Business Ethics Business leaders today are well aware of the ethical issues and hence they want to improve the ethical standards of the business. Self-regulation is,
Regulation of Business Ethics in India Businessmen observe business ethics on account of the consequences that would result due to their non-compliance. Here, some of the regulations are
30 Important Principles of Business Ethics Some of the basic and important principles of business ethics are as follows: 1. Service motive should be preferred rather than profit
Need for Business ethics It is necessary to observe business ethics for the following reasons: 1. Survival of the Business Unit: Unethical practices of businessmen will lead to
