2 : Business Ethics when orclers clropped in any manufacturing company, the supervisor is ztskccl to tcrminate a few employees to save

cost. The supervisor knows that some of them though loyal, hard working, they have to llc ternrinlrted to save his skin. He knows it is unfair to termitr:rtc thc employees and still he is helpless. Even if he is given two nront.hs termination time by the company,he will not reveal his plarls ol-tcrmination to the employees to be,terminated with a fear that ernployccs would quit while still needed or not work as hard as they usuitlly <liclafter being told. The supervisor had to enforce all company r r tl c s a n d p o l i c i e s . F o r h i m , t h e e t h i c a l d i l e m m a r e l a t e s t o t w o clinrensions: . Personal . Professional (ii) In another case, a senior librarian who was very casual and negligent in his attitude, had to make one of his weak assistants a scapegoat at the end of the year when library inventory was checked and nearly 500 books were short. The senior librarian k.rew very well that his assistant is highly loyal, sincere and honest in his work and such a thing would not have happened from him. However, the reason of the books lost could not be lbund out by him and he had to put the blame on his junior who is mentally weak and innocent. Otherwise, he had to take the full blame. He took the decision of putting the blame on his junior rather than on himself. There would be many episodes like this, raising ethical questions for a number of reasons. Sometimes society is harmici. At oilrer times, the individual makes profit in an unfair way at the expense of others. We all know the story of the clever monkey that ate the curd rice and smeared it on to the face of the goat. The goat was punished severely by his master who thought that it had eaten the same. A business firm suffers many a times with higher costs when money is 'embe zzled' or when the firm has to pay hidden costs for its suppliei. (Etnbezzlement is fraudulent appropriation of another's property-by the person to whom it was entrusted). Thus it can be noticed that'money launCering' cloaks illegal activities and protects lawbreakers like the monkey-goat episode. '(i)

Ethics in Latin language is called 'Ethicus' and in Greek. it is '[itlticos'. cerllccl In fact, this rvord has originated from 'ethos', meaning charir<:tcror rnannerS.,ipthics is thus said to be the source of morals; a treatise on this: moral princiJllcs; rccognised rules of conduc!-:
'I'hc Fig. l.l). clrirr':tc[cr o[ a man is expressed in terms of his conduct , (ref.