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Change is a part of progress, and education must adapt to the needs of the present time. As subjects are taught and learned in different ways, knowledge also grows and...

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Business Ethics & Values
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Change is a part of progress, and education must adapt to the needs of the present time. As subjects are taught and learned in different ways, knowledge also grows and improves. Therefore, changes in the syllabus are natural and necessary.
Kavayitri Bahinabai Chaudhari North Maharashtra University has introduced a new syllabus for Second Year B.Com students in accordance with the New Education Policy 2020. To support this change, it is our duty to provide students with updated and useful study material.

1. Ethics.................................................................7
1.1 Introduction
1.2 Meaning and concept of ethics
1.3 Business ethics
1.4 Morals, ethics and values
1.5 Characteristics of business-ethical decisions
1.6 Why businesses require ethics
1.7 Theories of ethics
1.8 Merits and limitations of ethical theories
1.9 Causes of ethical failure in organizations
1.10 Moral disintegration in the present times
1.11 Preventing Moral Disintegration
1.12 Limitations

2. Role and Features of Business...................................35
2.1 Introduction
2.2 Objectives and Features of Modern Business
2.3 Features of Modern Business
2.4 How Business and Ethics Are Conjoined
2.5 Need and Merits of Ethics in Business
2.6 Different Philosophical Aspects of Ethics in Business

3. Theory and Management of Ethics......................50
3.1 Foundational Theories of Ethics
3.2 The Duty-Based Approach: Deontological Theories
3.3 The Character-Based Approach: Virtue Ethics
3.4 Analyzing and Resolving Ethical Dilemmas
3.5 A Structured Framework for Ethics Analysis: The Hosmer Model
3.6 Applying the Hosmer Model: The Case of the Urban Bank
3.7 Ethics in Practice: The Role of the Manager
3.8 A Comparative Perspective: Ethical Behavior of Managers
3.9 Institutionalizing Ethics: Codes of Ethics and Conduct
3.10 Organizational Size and Structure: Impact on Ethical Culture
3.11 Profitability: Ethics Pays Off in the Long Run
3.12 The Cost of Unethical Behavior and Program Evaluation
3.13 Models for Evaluating Corporate Ethics

References............................77

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