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However companies like costco chipotle and cvs demonstrate that ethics can pay off in business.
Business ethics examples of indian companies. In business this is critical because how people see you and your company is the basis of building trust. Monappa of 115 business executives attending the middle and senior management programme of the i i m ahmedabad and belonging to different industries ages educational standards religious affiliations and income groups has revealed some notable results regarding indian managers attitude towards business ethics. Personally your ethics form as you are influenced by the people and the environment around you.
Wipro limited is an indian global it services and consulting company headquartered in bangalore india. 10 insightful examples of good business decision making. Are amongst the 135 organizations that have been named the most ethical by us based ethisphere institute.
Companies that work within the boundaries of the legal system are more credible and honorable which can establish a strong positive reputation as an employer that encourages high. India lacks business ethics breakdown of trust cultural factors the way forward 8. Asian paints is another organization well known for its business ethics.
Other great articles on ethics decision making. Ethical stands with political and philosophical implications can have a high cost as the musk and kaepernick examples show. For example credo of m s johnson and johnson and itc ltd are given in this book.
It is a great honor for tata steel to be recognized under such an important and prestigious. It is important that a person wanting to start a business in india has an idea of the business culture ethics and customs followed there. A survey undertaken by prof.
Business ethics also include abiding by legal regulations and obligations regarding their business activities like taxes worker safety and employment and labor laws. Only two indian organizations have made it to the coveted world s most ethical companies list this year. India was ranked the most unethical of 13 major economies in the 2016 global business ethics survey.
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