ETHICS IN DECISION MAKING

PRESENTED BY

KARISHMA, ANKITA

DECISION MAKING

Decision making is an art involving various inputs such as knowledge, experience, ability to source, process and analyze data, skill to evaluate alternatives , creative thinking, and

above all risk taking ability.

TYPES OF DECISIONS

• PROGRAMMED• NON PROGRAMMED• SYSTEMATIC• PROACTIVE• REACTIVE• RESPONSIVE• INTUITIVE

DECISIONS

PROBLEM ANALYSIS AND DECISION MAKING

PROBLEM RECOGNITION

PROBLEM SPECIFICATION

COLLECT INFORMATION

IDENTIFY THE ROOT CAUSE

DECISION MAKING

INVOLVING TEAM MEMBERS

BHAGWAD GEETA PERSPECTIVE OF DECISION MAKING

• Be self confident• Believe in your will power• Perform your duties• Keep cool and calm• Have a balance between heart and head.

ETHICS IN

ADVERTISING

ETHICAL ADVERTISING

Ethical advertising means that if the ad is not showing 100% truth but upto some

extent it should be acceptable by the society.

UNETHICAL ADVERTISING

Unethical advertising means when any advertising degrade other’s

product or make any bad impact on the society.

FEATURES OF UNETHICAL ADVERTISEMENT

• Give misguiding information.• Conceal the facts which affects the human

being badly.• Show some practices which harm society’s

norms and values.• Untruthful claims• Misleading label and names.

PRINCIPLES OF ETHICAL ADVERTISING

• Ad agency should adopt ethical working • Clearly distinguish from news and entertainment • Sexual theme should be avoided .

ETHICS IN

INVESTMENT

ETHICS IN INVESTMENT

Ethical investing using one’s ethical principles as the main filter for securities selection. Its aims to

integrate with personal values and investment.

TECHNIQUES IN ETHICAL INVESTMENT

1.Negative Screening2.Positive Screening

WHAT IS UNETHICAL?????

• Cooking and manipulation of financial data • Falsify bills of purchase to inflate cost • Inside trading