Ethics

                                         ETHICS

Ethics is a set of moral principles that guide behaviour. As opinions may vary over what is right or what is wrong. Ethics is a subjective concept.

Business ethics comprises the principles, rules & regulations that govern behaviour. The factors that affect ethical obligations in businesses  are  the law, government regulations, social pressures and tensions between personal standards and goals of the organisation.
Why should professionals behave ethically?

i) Ethical issue may be a matter of law and regulations, professionals are expected to apply them.
ii) To protect the profession’s reputation and standing.
iii) As professional’s ethical behaviour serves the public interest.

Ethical guidelines:
Following are the fundamental principles of ethical guidelines
Integrity:
Members must be striaghtforward and professional in all business relationships.
Objectivity:
Members should avoid all bias, prejudice and partiality.
Professional competence & due care:
Members must not perform roles which they cannot do without reasonable care, competence and diligence. They must stay technically up to date.
Confidentiality:
Members sholud not disclose confidential information without permission or legal or professional right or duty.
Professional behaviour:
Members shouls protect their reputation and that of the professional body.
Professional and technical standards:
Members must comply with professional standards and stay technically up to date.


QUALITIES OF A PROFESSIONAL:

Reliability:
Your work is what was asked for and is delivered on time.
Responsibility:
You take ownership of your work and conduct yourself in a manner that respects positions of trust given to you.
Timeliness:
You are on time for work and appointments.
Courtesy:
You conduct yourself with courtesy and consideration to those you meet.
Respect:
You develop constructive relationships and recognise the values and rights of others.