Human Values and Ethics in Business Management

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Questions and Answers

Which individual's philosophy focuses on character building?

Mahatma Gandhi

Ratan Tata

APJ Abdul Kalam

Swami Vivekananda (correct)

Which concept is associated with Gandhi's teachings?

Cyber Threats

Role of Parents and Teachers

Seven Sins (correct)

UK Bribery Act

What is the focus of APJ Abdul Kalam's view on human values?

Role of Parents and Teachers (correct)

Online Shopping

Corruption and Bribe

Corporate Governance

Which act provides remedies for bribery according to the text?

UK Bribery Act Signup and view all the answers

In which context are dilemmas discussed in the text?

Marketing and Pharma Organisations Signup and view all the answers

What aspect of decision making is highlighted in 'The Bhagavad Gita' according to the text?

Techniques in Management Signup and view all the answers

What is the focus of Swami Vivekananda's philosophy in relation to human values?

Building character Signup and view all the answers

Which individual's concept of 'Seven Sins' is highlighted in the text?

Gandhi Signup and view all the answers

What do the UK Bribery Act remedies aim to address in the context of business practices?

Anti-corruption measures Signup and view all the answers

What is the main focus of Corporate Social Responsibility (CSR) initiatives?

Addressing societal concerns Signup and view all the answers

How does 'The Bhagavad Gita' contribute to management practices?

By offering techniques for effective decision-making Signup and view all the answers

What is the essence of Trans-cultural human values in management?

Respecting diverse cultural perspectives Signup and view all the answers

How does a value-based organization typically approach decision-making?

In alignment with core values and ethics Signup and view all the answers

'Holistic Approach in Decision Making' emphasizes considering decisions from which perspective?

'Big picture' viewpoint Signup and view all the answers

What is the significance of Gandhi's concept of 'Seven Sins'?

'Seven Sins' are characteristics of corrupt practices Signup and view all the answers

'Dharma and Holistic Management' highlights the importance of aligning business decisions with which principle?

'Moral duty' principle Signup and view all the answers

Study Notes

Key Philosophies and Individuals

Character building is the central theme of Mahatma Gandhi's philosophy.
Gandhi's teachings are closely associated with the concept of non-violence (ahimsa).
APJ Abdul Kalam emphasizes the significance of human values in inspiring youth and fostering innovation.

Legal Framework and Ethical Practices

The UK Bribery Act provides legal remedies and frameworks to combat bribery in commercial practices.
Remedies aim to address unethical behavior in business environments, fostering transparency and integrity.
Corporate Social Responsibility (CSR) initiatives primarily focus on ethical practices and positive societal impact.

Dilemmas and Decision Making

Dilemmas are explored in contexts of morality and ethics, examining difficult choices individuals and organizations face.
'The Bhagavad Gita' highlights the importance of duty (dharma) in decision-making, encouraging adherence to ethical responsibilities.
A value-based organization typically approaches decision-making by aligning practices with core ethical principles.

Human Values and Management

Swami Vivekananda's philosophy focuses on the empowerment of individuals and promoting holistic development linked to human values.
The essence of trans-cultural human values in management underlines inclusivity and understanding across diverse cultural backgrounds.

Holistic Management Approaches

'Holistic Approach in Decision Making' emphasizes evaluating decisions from multiple perspectives, considering both short-term and long-term impacts.
The significance of Gandhi's 'Seven Sins' lies in addressing moral failings that hinder personal and societal progress.
'Dharma and Holistic Management' underscores the importance of aligning business decisions with ethical principles and social responsibilities.

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Description

Explore the concepts of human values, ethics, and their applications in business management including the development of a value system in Indian organizations. Learn about trans-cultural human values, Swami Vivekananda's philosophy, Gandhi's concept of Seven Sins, and APJ Abdul Kalam's views on the role of parents and teachers. Delve into present practices issues such as corruption, bribery, privacy policy in web and social media, cyber threats, and online shopping.