ethical practice in two company

Comparison of Crown Cement & Seven Circle Cement

Importance of Ethics in Bangladeshi Organization

TEAM MEMBERSHabibur Rahaman 2015010000191

Mazharul Alam Khan 2015010000176MD. Parvez Hossin 2015010000418Abdullah-Al-Saeid 2015010000050Saiful Islam 2014010000298Saiful Islam 2014010000298

Habibur Rahaman2015010000191

IntroducingEthics

- The guideline for human behavior

- Choosing between right and wrong

- Set of moral principles

IntroducingBusiness Ethics

- An ethical system where moral rules are considered for moral judgment in business.

- It may vary across cultures, companies and industries.

- Taking decision of right and wrong in business situation.

Hasib Sarker2015010000291

-Long term gain

-Creating credibility

-Protect Organization’s

reputation

-Improve decision making

Business EthicsImportance of

Different theories ofEthics

AltruismEverything is

taken into account except

the actor’s increased happiness

EgoismThe action is right if the

action’s consequences

are more beneficial for

actor

UtilitarianismThe outcome

matters not the act

Tonmoy Ahmed2015010000037

Ethical practices ofCrown Cement

Ethical practices ofCrown Cement

1. Product quality

- The well equipped and furnished chemical and physical laboratory- Highly qualified foreign trained chemists and technicians- Tested on various parameters

Ethical practices ofCrown Cement

2. Fairness

- Learning working environment

- Career development strategy

- Smooth progression of talent

Ethical practices ofCrown Cement

3. Social Responsibility- Merit scholarship

- Skill development program

- Financial support to autistic people

Mazharul Alam Khan2015010000176

Ethical practices ofCrown Cement

4. Ethical issue between employer and manager

- Pay salary regularly

- Reward employee for the job

- Employees are fair about giving service

Ethical practices ofCrown Cement

5. Ethical issue related to customer

- Ensure product safety

- Best packaging

- Fair value

Ethical practices ofCrown Cement

6. Ethical issue related to environment

- Go green

- Social awareness

Abdullah-Al-Saeid2015010000050

Ethical practices ofSeven Circle Cement

Ethical practices ofSeven Circle Cement

1. Product quality

- Every steps are computerized

- BUET laboratory passed

- Raw materials from finest sources

Ethical practices ofSeven Circle Cement

2. Fairness

- Offers special training to tenanted employee- Treat employee as family member

- Clear about salary

Ethical practices ofSeven Circle Cement

3. Social responsibility

- Student scholarship

- Arrange study tour for university students

Saiful Islam2014010000298

Ethical practices ofSeven Circle Cement

4. Ethical issue between

employer and manager- Fair compensation

- Concern about employee

- Employee has focus on company’s goal

Ethical practices ofSeven Circle Cement

5. Ethical issue related to customer

- Shows positive attitude

- Fulfill customer’s need

- Ensure product quality

Ethical practices ofSeven Circle Cement

6. Ethical issue related to

environment

- Ensure 100% dust control

- Tree plantation