Submitted to

Amity University Jharkhand

An introspective study on business ethos and ethics and in reality its real time
implementation in business

By

A J Shubramniam

A3610123456

Under the guidance of

Dr. Sapan Kumar Gupta

AMITY SCHOOL OF BUSINESS

AMITY UNIVERSITY JHARKHAND
RANCHI
2021-2022
 DECLARATION

I, A J Shubramniam, student of Bachelor of Business Administration hereby declare that the

Major Project titled “An introspective study on business ethos and ethics and in reality its
real time implementation in business” which is submitted by me to Department of
Management, Amity School of Business, Amity University Jharkhand, in partial fulfilment of
requirement for the award of degree of Bachelor of Business Administration, has not been
previously formed the basis for the award of any degree, diploma or other similar title or
recognition.

Amity University Jharkhand, Ranchi

Date:

Sign. of the Student

Name of Student:

Enrolment Number: A3510112345

 CERTIFICATE

On the basis of Major Project submitted by A J Shubramniam, student of Bachelor of

Business Administration , I hereby certify that the Major Project “An introspective study on
business ethos and ethics and in reality its real time implementation in business” which is
submitted to Department of Management, Amity School of Business, Amity University
Jharkhand in partial fulfilment of requirement for the award of the degree of Bachelor of
Business Administration is an original contribution with existing knowledge and faithful
record of work carried out by him/her under my guidance and supervision.

To the best of my knowledge this work has not been submitted in part or full for any Degree or
Diploma to this University or elsewhere.

Amity University, Ranchi

Date:

Signature of Guide (Internal) Signature of Guide

(External)
Dr. Sapan Kumar Gupta Name:

Assistant Professor Designation:

Amity School of Business

Amity University Jharkhand, Ranchi
 ACKNOWLEDGEMENT

While conducting this report, I got support in many ways from many people. Firstly, I am
deeply grateful to my project guide, Dr. Sapan Kumar Gupta, who helped me with full devotion
and always supported me earnestly whenever it was needed. Without her guidance, mental &
moral support and academic inputs this report was not possible.

This Training report could never have seen the light of the day without her co-operation of
those clients who participated in this. I am thankful to all of them for giving me their valuable
time.

My friends have been biggest support for me at every juncture of life. They manifested their
great interest in my research work also and always tried to make things easy for me.

A word of gratitude goes to my family members whose love; affection and understanding have
enabled me to complete this endeavor with ease. At the end, I thank to Almighty for giving me
courage and strength to conduct this project report.
 CONTENT

1. Abstract 1
2. Introduction 2
3. Literature Review 3
4. Business Ethics And Business Ethos 4-5
1. Business Ethics
2. Business Ethos
3. Difference Between Ethics And Ethos
5. Business ethos and ethics and its 6-8
implementation in business
6. Business ethos and ethics and in reality 9-10
its real time implementation in business
7. Research Methodology 11-22
1. Research Design
2. Objectives
3. Research Design
4. Sample Design
5. Sampling Method
6. Data Collection
7. Data Analysis
8. Conclusion 23
9. Reference 24
 ABSTRACT

Ethics is a branch of philosophy responsible for identifying, defending and recommending

ideas of right and wrong behavior. Ethos is a term used to describe the core beliefs or
principles that form the basis of a community, nation, or ideology. Business ethics, also
called corporate ethics, is a practice or ethical code that examines ethical and ethical
principles and issues arising from the business environment. It can also be defined as
written and written code of values and values, determined by the culture of the
organization, which governs the decisions and actions of that organization. It applies to all
aspects of business conduct on behalf of both them and the entire company. In basic terms,
a definition of business principles boils down to knowing the difference between right and
wrong and choosing to do what is right. Another complexity of building a strong moral
foundation in an organization is the simple fact that there are many schools of thought.
Moral values are in some respects a branch of philosophy, where the preconceived notions
are uncertain and uncertain. However, some powerful examples of moral framework are
available to us from many different eras. There are four schools of thought that are helpful
in planning future strategic decisions to ensure ethical performance. These ideas are
practical, deceptive, ethical and communicative.

1
 INTRODUCTION

Business ethics are no longer a black oxymoronic box that means something different to
everyone you ask. Thousands of organizations have begun to treat business ethics as a
problem of strategic management, and governments and state agencies have been obliged
to create extraordinary incentives for leaders to "do it right." Join Tim as he brings the basic
information you need to understand these incentives that are in the process of helping your
clients meet or exceed existing standards and otherwise pursue the virtues of business
ethics and compliance. Ethics is a branch of study that deals with what is the best course for
a person. It answers the question, "What do I do?" It is a study of right and wrong in human
endeavors. The Code of Conduct is the task of examining social norms, and asking how
these values apply to our lives and whether these values are reasonable or unreasonable,
that is, whether they are justified or negative. Good Business Principles are a special lesson
in right and wrong. It focuses on ethical values as they apply primarily to business,
institutional and ethical policies. Values are moral guidelines that govern good behavior. So
morality is doing what is morally right.
Ethical decision-making is the most legitimate and meets the shared values of society
Businesses face problems and ethical decisions almost daily - in some industries issues are
very important. Business ethics allow businesses to trust those they do business with and
the customer to trust those they buy products and services from. An ethical business will
pay the agreed on price for services or material, they will deliver what they say they will,
when they say they will. If there is a problem it will be dealt with fairly and equitably. For
thousands of years businessmen have dealt with each other in an ethical manner according
to an agreed on set of practices. They had to or no one would do business with them again.
Unfortunately some business try to take advantage of the customers, employees and
suppliers. That's why there are laws regarding the enforcement of contracts and consumer
protection laws protecting customers. The lawmakers tend to try to minimize the laws but
unethical businessman keep coming up with new ways to defraud their fellow businesses
and customers.
Business ethos provide the basis for not being degraded, polluted and immoral. Business is
sacred. It is a matter of attitude, approach and management level. One can do business,
make money, make a profit, build wealth and even where it can be treated fairly in terms of
human values and morals and respect all people in business and society as human beings.
Code of Conduct requires a system of subordinate administration, giving good value to
targets such as compassion, honesty, cooperation etc. The perfect way to show unity
between God and the universe.

2
 LITERATURE REVIEW

Business ethics have exploded in both volume and significance. Due to the large quantity
and diversity of these topic, a review has been identified as necessary to provide focus and
clarity in the area. The current paper reviews documents on business ethics with a special
focus on marketing principles. The texts are divided into general and artistic categories,
with great emphasis given to the latest. A review of the literature reveals that there is still
much to explore on the topic of business ethics and especially on the topic of ethical
leadership. It is recommended that the main focus be on understanding the impact of strong
ethical leadership on the organization and how this influence decreases in organizational
structures. The current literature review of business ethics is conducted through peer-
reviewed about business ethics and business ethos and in reality its real time
implementation in business leadership, management decision-making, corporate
responsibility in companies and corporate structure in general. The rise of corporate
scandals and the emergence of rising business practices have exposed the topic of business
ethics. Organizations are expected to share their strong values within the company's
framework and culture. These expectations can be achieved through strong ethical
leadership, regulatory frameworks and emphatic regulations.

3
 BUSINESS ETHICS AND ETHOS

BUSINESS ETHICS

Source: https://www.google.com/url?sa=i&url=https%3A%2F%2Fround-lake.dustinice.workers.dev%3A443%2Fhttps%2Fgreatpeopleinside.com

Business ethics is called a company can be a variety of professional ethics applied, which
reflects the purpose of the behavior, ethical and ethical issues arising from the business
environment in particular. It applies to any or all of the business development outcomes
and is consistent with human planning and full management. Values are formed by people,
statements of structure or from the system. Moral values are rooted in values based on right
and wrong, which determine what people are supposed to do, usually in terms of rights,
obligations, social benefits, impartiality, or a particular virtue. Morality or the philosophy
of morality is a branch of philosophy that “involves organizing, defending, and
recommending ideas of right and wrong behavior”. The field of ethics, along with
aesthetics, touches on issues of high value, and therefore contains a branch of philosophy
called axiology.
Ethics seeks to resolve questions of human morality by defining concepts such as good and
evil, right and wrong, virtue and vice, justice and crime. As a field of intellectual inquiry,
moral philosophy also is related to the fields of moral psychology, descriptive ethics,
and value theory. Business ethics is a set of principles or codes of conduct that test
technology, which examines ethical principles and ethical or behavioral problems that may
arise in the business environment.

4
We work on all aspects of business ethics and adhere to the ethics of individuals and
organizations as a whole. Ethics means a set of rules or regulations that an organization
must follow. While in business ethics it refers to the behavior that businesses are expected
to follow while doing business. Morally, a standard is set for an organization to control its
behavior. This helps them to distinguish between the wrong and the wrong part of business.
Organized behavior is not rocket science. Based on the construction of the human mind.
That is why ethics depend on local influence, time, and circumstances. The code of conduct
is one of the most widely used words in business these days. It is a set of rules that are
considered a commitment by the people who work for the organization. Business ethics are
flexible in all of these principles and norms and help guide ethics in organizations.
Businesses need to have a balance between the needs of the participants and their desire to
make a profit.

BUSINESS ETHOS

Ethos is meaning "character" that is used to describe the guiding beliefs or ideals that
characterize a community, nation, or ideology. Ethos refers to the ‘the distinguishing
character, sentiment, moral nature, or guiding beliefs of a person, group, or institution’.
Ethos mainly refers to the core set of attitudes, beliefs, and values that gives an identity to a
person, community, institution, etc. For instance, the character identity of a certain
individual in a society is a manifestation of that person’s outlook in life developed through
his social traditions, customs, and religious beliefs as well.

DIFFERENCE BETWEEN BUSINESS ETHICS AND ETHOS

The main difference between ethics and ethos is that ethics refer to a set of moral principles
while ethos refers to the character or customs or a set of attitudes and values. Ethics is
derived from the word ethos.
Ethics Ethos

Ethics seeks to resolve questions of human Ethos is the guiding belief that has the
morality by defining concepts such as power to influence behaviours, emotions
good and evil, virtue and vice, justice and or even morals
crime

Ethics can also refer to a common human Ethos is one of the three modes of
ability to think about ethical problems persuasion (other being logos and pathos)
relating to philosophy

5
 BUSINESS ETHOS AND ETHICS AND ITS IMPLEMENTATION IN
BUSINESS

Business Ethics is the application of ethics and business study strategies. Business ethics
deals with the issue of learning given its relevant commercial, commercial and commercial
significance. Many entrepreneurs do not agree that ethics are essential to his or her business
dealings. They say together that business and morality weigh contradictory principles from
there, combining them is wrong. In the last competition in the market earning money is
very important and the way it is done is very important or not important. The law of gold is
that one must have gold to rule. There are a lot of misconceptions or myths about business
ethics and business should be morally exhausted ethics. The myths of the square measure
favourably the unexplained beliefs but not the facts. The ethics are within the imagination
and eyes of the person the agency sees the business. One client sees another morally
glorious client sees her as inferior. The square footage of experience is contradictory and
cannot be measured as so many pounds.

Source: https://www.google.com/url?sa=i&url=https%3A%2F%2Fround-lake.dustinice.workers.dev%3A443%2Fhttp%2Fwww.jcreview.com

Ethics pertain to those rules, ways, mannerisms or prescribed guidelines that direct our
actions with regard to what is the morally righteous or conscientious way to resolve a
problem, issue or unforeseen incident (or more generally speaking, how to conduct yourself
or some activity in consonance with your or some organization’s best interests).

6
This is my understanding of the word business is a venture instituted by a person or a party
whose primary target is to earn profits, in alignment with the policies set up for the same by
some local authority. Thus, business ethics are those set of rules or guidelines that enable a
person to determine what to do when there is a situation where his/her own decision about
the remedial measures for a problem, may be in conflict with the best interests of the
business itself, or Business ethics help to appease the conscience of the society for the
ruthless decisions it might have undertaken to add to the progress of the business.
Business Principles is the quality of being useful or interesting. It is often done in all the
things that people find reasonable, attractive, and simple. We have a tendency to create fair
judgments on a number of issues such as rational, skilled, untrained, ruthless etc. Square
statements measure by comparison. We have a few terms used completely differently
which means sometimes not exactly right. The Code of Business Conduct is set for the next
organization. Leading business affiliated with Ethics. Behavioral exercise is provided by
faith, honesty and the best thought-provoking. Anxiety will follow minor ethics as no one
will be forced to follow ethics. Behavioral practices in a short course will affect the
profitability of the business, however the behaviors that are believed to be for each business
bear fruit in the future. This paper focuses on ethics that affect neutral customers,
government, employee, community, capitalists etc. The impact of behavioral exercise on
these solutions is related to impact and business outcomes. Importance is very important to
understand behavioral exercise. An entity is a set of ethics that is the quality of the way the
business is organized. The ethical purpose of contributing is based on a variety of fashion
ideas for work, business and cons that separates and becomes a company in a way that is
far from the long-term business objectives of profit. Behavioral tools are a major change in
institutional and organizations, quality workmanship and price adjustments should now and
those same behavioral problems that plague the business and corporate world are identified.
Most people would agree in observe that creates links. Simply it rigorously written and
redrafted in not serve the aim. After all people need to be a truthful businesses, clear and
helpful to the comity. Organizations have to be compelled to abide by ethics or rule of law,
have interaction themselves in truthful try to best and perform competition. With legal
scandals regarding trading and worker larceny creating th e news, it is no marvel that
companies square measure associate degreed more giving attention to moral the basis of
their business and the way to guide in an ethical way.
Behavioral investment can be a helpful side in thinking business ethics, because large-scale
investments ultimately depend on connections that force the idea of mirror size. In itself,
ethical investment strategies and models often serve as a reliable guide to dealing with the
ethical situation of large sections of the population and society, rather than the expert
opinions of leaders and gurus. The business ethics of investing or investing in profits and
the way in which profits have been created, whereas long-established profits and a free
market based largely on business are primarily concerned with what the profits do. The
modern formulation of ethics includes a number of related issues and corporate social
responsibility or social responsibility, ethical management and leadership, fairtrade, an
economic process that addresses its negative consequences, assets, public business,
corporate ownership.

7
Customer area unit that continuously benefits suppliers and suppliers The United Nations
agency demonstrates responsibility and ethical practices.
Failure to try in that way means that the market share lost, as well as the decline in quality,
that reduces the revenue, profit, or different outcomes the organization seeks to achieve.
Well-known physical features will increase customer loyalty, the enhancement of a brand
name image, and the effects of overtime on customer purchasing options. Royal evidence
suggests that customer sensitivity to corporate citizenship continues to be seen. Being a
smart corporate citizen enhances the performance of the business as a whole, especially
improved competitive profits, higher returns, and a higher reputation. The wide range of
courses, as well as the work done by this editor, shows good communication. Staff
retention are excellent employees who wish to find themselves accountable and well-
behaved employers. Failure to be a leader means that good employees leave, and it reduces
the chances of attracting smart new startups. This pushes prices, undermining performance
and energy. Without these smart organizations they can’t do it when they’re not smart
people. An earlier analysis by Walker warns that from time to time, the level of loyalty of
employees is global, as will the level of religion in ethics and leadership. Varied different
survey show turnover and different company culture problems gif t the best risk of failing
to attain company goals. The Walker study found 3 major areas of worker concern that
corporations ought to address so as to create a culture of stronger, a lot of loyal
relationships. They are fairness at work, care and concern for workers, and trust in staff. To
attain these goals, a values oriented code of conduct is that the necessary opening move
toward bigger thought of moral problems throughout the decision making method.

8
BUSINESS ETHOS AND ETHICS AND IN REALITY ITS REAL TIME
IMPLEMENTATION IN BUSINESS

The system of moral and ethical beliefs that guides the values, behaviors, and decisions of a
business organization and the individuals within that organization is known as business
ethics. Some ethical requirements for businesses are codified into law; environmental
regulations, the minimum wage, and restrictions against insider trading and collusion are all
examples of the government setting forth minimum standards for business ethics. What
qualifies as business ethics in history has changed over time and the different areas of
ethics are important to every business.

Leadership Behavior
The management team sets the tone for how the whole company works on a daily basis.
Where the existing management philosophy is based on ethical and ethical principles,
leaders in an organization can guide employees by example and guide them in making
decisions that benefit not only themselves as individuals, but also the organization as a
whole. Building on the foundation of ethics helps to create positive long-term positive
results for the company, including the ability to attract and retain highly talented people,
and to build and maintain a good reputation in the community. Doing business the right
way from top to bottom creates a strong bond between the people in the management team,
which further creates stability within the company.

Staff Behavior
When managers lead an organization in a ethical manner, employees are following those
steps. Employees take better decisions in less time and business ethics as a guiding
principle; this enhances productivity and overall employee morality. When employees
complete a task in a manner that is based on honesty and trustworthiness, the entire
organization benefits. Employees who work for a company that seeks high standards of
business ethics in all areas of the workplace are more likely to perform their duties at a
higher level and are more likely to be loyal to the organization.

Behavior Varies by Industry

Business ethics vary from industry to industry, and from nation to nation. The nature of the
business environment has a profound effect on the ethical issues we have to deal with. For
example, the emergence of good morals arises from an investment business where the best
decision of the client and its finances do not correspond to what pays the commercial a
higher commission. A media company that produces TV content aimed at children may feel
a moral obligation to promote good values and to avoid obscene content in its programs.
A striking example of industry-specific behavior in the energy sector. Energy-producing
companies, especially renewable energy, are facing constant testing of how they treat the
environment.

9
Company if it wants to thrive in the face of elevated legislation and public awareness of
environmental issues. Companies like Amazon and Google, which do most of their online
work, are not considered for their impact on the environment in the way power companies
like BP and Exxon.
When it comes to protecting the privacy and security of their customers, however, their
ethics are highly scrutinized.

Benefits of Business Conduct

The importance of business ethics extends far beyond the credibility of employees and the
conduct or bond strength of the management team. As with all business plans, corporate
ethical performance is directly related to profits in the short and long term.
The reputation of the business in the surrounding community, other businesses, and
individual investors is crucial in determining whether a company is a good investment.
When a company is found to be morally bankrupt, investors are less likely to buy stock or
support their operations.
Companies have a lot of ethical incentives as the area of responsible investment and ethics
continues to grow. The growing number of investors looking for ethical companies to
invest in is driving more and more firms to take the issue seriously.

Benefits of Business Ethos

Organizational ethos is a code of conduct and principles that guide the performance of
employees and managers in an organization. Ethos is the spirit and morality of a
community or a person’s integrity or human integrity. Ethos develops individual or public
guiding beliefs, which formulate codes or codes of conduct that guide a community or
organization in its conduct. Thus, ethos resides within a person, while ethics are expressed
through words, symbols, and actions.

10
 RESEARCH METHODOLOGY

In this project the primary data was collected through questionnaire. Questionnaire was sent
to various employees. The project as done during Covid-19 lock down phase, so physical
meet was not possible. Hence, questionnaire was shared to various employees through
Whatsapp and email and response was generated from employees. The whole project is
carried out on the basis of data collected through employees. The project is initiated with
the objective of analysing the response of the employees.

Survey on Employees
This project is designed and carried forward with the objective to do survey on employees.
The questionnaire was developed to gather responses and then to analyse it. The analysis is
done using pie charts are shown as well to make the understanding clear. Total of 100
employees were targeted with sample limited to employees of the organization. In this total
of 100 employees were surveyed to know their response and perception on the topic. In the
end almost 100 employees responded out 100 and all the 100 responses were analysed.

Descriptive Research
The research methodology is the method which is selected to do the research. The
descriptive research is a research which focuses on survey and focuses on enquiries to find
facts of different kinds. This is a method which is used to do survey to know and learn
about the perception of of employees. This research methodology aims at describing the
state of affairs as it exists. In this research I had no control over the variables as the
definition states that the researcher has no control on variables. In this research I have tried
to report what is happening and what the perception of employees towards ethics and ethos
is and the objective is to know how employees are facing it in the organization Here I have
tried to know the perception of people.

Research Design
“Research design is the arrangement of the condition for collection and analysis of data in a
manner that aims to combine relevance to the research purpose with economy in
procedure”
Design decision happen:
What this is purpose of study?
What is study scope of study?
Where will the study be carried out?
What type of data is required?
Where the required data can be found?
What will be the sample design?
Technique of data collection.
How will data be analyzed?

11
The present study is descriptive in nature, as it seeks to discover ideas and insight to bring
out the perception of people and analysis was done to find facts although I had no control
over variables. Research design is flexible enough to provide opportunity for considering
different aspects of problem under study. It helps in bringing into focus some inherent
weakness of people and perception of people with the help of framed questionnaire.

Objectives
 To study about the business ethos and ethics.
 To find out the business ethos and ethics and in reality its real time implementation
in business.
 To study about business implementation in ethics and ethos.
 To understand about business ethos and ethics and in reality its real time.

Research Design
The methodology approach to this study is descriptive because we have attempted to
identify and explain the variables that exists in a given situation and to describe the
relationship that exists between the variables. Descriptive research aims to accurately and
systematically describes a population, situation or phenomenon. It can answer what , when
, where, how questions but not why questions. We used the survey method of the
descriptive research in this project as survey research allows us to gather large volume of
data that can be analyzed for patterns, describing the demographics of the state or the
country, evaluating satisfaction with a company’s product among consumers etc. To study
the implementation of ethics and ethos and in reality its real time implementation in
business. I did a survey using Google forms, an online method of taking survey. I took
response from almost 100 people from Ranchi asking them different questions about on
business ethos and ethics and in reality its real time implementation in business.

Sample Design
A complete interaction with all the employees was not possible as the research was carried
during Covid-19 pandemic and as the global shut down was implemented; it was very
difficult to interact with most of the employees. The questionnaire was distributed through
online platform using Whatsapp, many of them are not technology friendly and they didn’t
entertained that while in this difficult situation I made an urge to around 100 employees
and collected their responses. 50 employees were selected randomly through random
sampling method.
There are three steps of sampling that are involved in this project report.
 Defines the target population -

The target population is the collection of elements or objects that posses the information
sought by the researchers and about which the inferences are to be made. In this project
report the target population represents the Ranchi region. The people were from different
age group and professional background.

12
  Select a sampling technique -

The sampling technique used in this project report is convenient sampling technique. Each
respondent has been given equal opportunity to obtain better results and understanding.
 Determining the sample size

Sample size refers to the number of respondent to be included in the study of the project
report. In this study the sample size is determined by the target population. Sample size of
100 consumers are taken to obtain better results. Sample size refers to number of items
selected from an infinite universe to constitute a sample. During this research the target was
to do sample survey on approximately 200 employees but due to this Covid-19 pandemic, it
wasn’t possible to collect all the responses through online medium but somehow gathered
around 100 responses and carried my analysis forward with the collected responses.
I did my analysis through SPSS and Chi square, further I showcased my research through
pie charts as well to make the understanding clear. In this analysis around 100 samples
were collected randomly and are further analysed thoroughly to derive a conclusion.

Sampling Method
In this research simple random sampling method is used to collect the samples of
employees across India. Simple random sampling is a method which is fulfilled by
selecting the employees randomly. This is a method through which we could select samples
in a very easier way. In this stratified sampling is used and people of different age groups
are selected with different demographic variables that is some are married while some of
the samples are single. Here sampling is done for specific designated population of
employees who are employed in several different organizations across India. In this
research a small cluster of employees are analysed and surveyed and the analysis is carried
with the help of Chi square, SPSS and further pie charts too are shown to make the
understanding crystal clear.

Data Collection
Primary data was collected through questionnaire. The questionnaire was designed in a
structured form and most of the question was multiple choice questions.
The data collection method begins once the research problem was identified and the
research design was defined with reference to the topic. Basically researchers use primary
and secondary data in their research project but in this paper I have used implicit research
through which I referred to maximum of research papers available on the topic. Apart from
this, I used primary research, The data collection methods used for this research are:
Primary research: The primary research is used to collect the primary data in this research
paper. This is the descriptive research which is used to describe the problem of schmoozing
and to find out the perception of employees on the gender biasness and occupational
differenced in the organization, the data is collected to identify the significant impact of the
belief. In this research hypothesis testing is used as well as the schmoozing topic is based
on genders, the null hypothesis and alternate hypothesis was defined and then the analysis
was done with 5% of significance value.

13
In this research the data was collected from employees through online survey, the
questionnaire was framed on Google Forms and was circulated among all approachable
employees through Whatsapp. The primary source of data used in this research is :
 Questionnaire technique: A questionnaire is a research instrument consisting of a series
of questions for the purpose of gathering information from respondents. Questionnaires
can be thought of as a kind of written interview. They can be carried out face to face,
by telephone, computer or post
 Empirical research: The empirical research is the research in which we gather knowledge
through measured and observed data. This is a research through which I have gained
knowledge from actual research papers and experiences from it, rather than considering
any thought or belief. This is a method in which the conclusion is drawn from the past
evidence. In this research paper the data is gathered using quantitative and qualitative
research to carry on the further analysis.

The empirical research used in this paper are:

Quantitative research
Survey research

Data Analysis
A questionnaire was prepared to do the survey of employees to know the perception and
experience of employees.

Randomly 100 employees were selected through random sampling method and
questionnaire was shared for the purpose of research. The response of employees are
analysed through SPSS and Chi square and expressed through pie charts which is
showcased in next few pages.

Methods and Techniques of Data Analysis

Pie Chart -
A pie chart is a circular statistical graphic, which is divided into slices to illustrate
numerical proportion. In a pie chart, the arc length of each slice, is proportional to the
quantity it represents.

Data Analysis Concept

Data analysis is the process of systematically applying statistical or logical techniques to
describe and illustrate, condense and recap and evaluate data.
There are number of issues that I was and every researcher should be cognizant of with
respect to data analysis. These include:
Having necessary skills to analyse.
Concurrently selecting data collection methods and appropriate analysis.
Drawing unbiased interference.
Inappropriate subgroup analysis.

14
Following acceptable norms of disciplines.
Determining statistical significance.
Lack of clearly defined and objective outcome
measurements. Direct recording method.
Reliability and validity.
Extent of analysis.

Data Analysis Process

Data analysis is a process of collecting, transforming, cleaning and modelling data with the
goal of discovering the required information. The results so obtained are communicated,
suggesting conclusion and supporting decision making. Data visualization is at times used
to portray the data for the ease of discovering the useful patterns in the data The terms data
modelling and data analysis mean the same.
The process followed for the data analysis of this research project is:

Data Requirements Specification: Based on the requirements of those directing the

analysis, the data necessary as input to the analysis is identified. Data may be numerical or
categorical.

15
Data collection: Data is collected through questionnaire from the employees of various
organizations. The data obtained is structured and does not contain irrelevant information.
The collected data is subjected to Data Processing and Data cleaning.
Data Processing: In this the collected data is processed. In this the data is structured as
required for the relevant analysis tools. The data model might have to be created.
Data Cleaning: In this process the incomplete, duplicates and errors are prevented and
corrected. Several types of data cleaning depend on the type of data.
Data Analysis: Data that are processed, organized and cleaned are ready for the analysis.
Various data analysis technique is available to understand, interpret and derive conclusions
based on the requirements.
Communication: The result of the data analysis is reported in a format to support the
decisions and further actions.

16
 DATA ANALYSIS
Pie Charts
A pie chart is a circular statistical graphic, which is divided into slices to illustrate
numerical proportion. In a pie chart, the arc length of each slice, is proportional to the
quantity it represents

Through the Pie-1, it could be stated

83% of total respondents agree with the statement and believes that their organization have
ethical and ethos policy.
14% of total respondents do not agree with the statement and believes that their
organization have ethical and ethos policy.

Through the Pie-2, it could be stated

70% of total employees responded that they expect ethical behavior from their Leader
22% of total employees responded that they do not expect ethical behavior from their
Leader
8% responded maybe
17
Through the Pie-3, it could be stated
76.8% of total respondents agree with the statement that they get reward for their ethical
behavior
23.2% of total respondents do not agree with the statement that they get reward for their
ethical behavior

Through the Pie-4, it could be stated

80% of total respondents agree with the statement and believes that the behavior of their
leader consistent with the stated ethos, ethics and value of their organization.
20% of total respondents do not agree with the statement and believes that that the behavior
of their leader consistent with the stated ethos, ethics and value of their organization.

18
Through the Pie-5, it could be stated
81.4% of total respondents agree with the statement and believes that their organization
offer training in business ethics and ethos.
18.6% of total respondents do not agree with the statement and believes that their
organization offer training in business ethics and ethos.

Through the Pie-6, it could be stated

80% of total respondents agree with the statement and believes that their organization act
ethically in their organization
20% of total respondents do not agree with the statement and believes that their
organization act ethically in their organization.

19
Through the Pie-7, it could be stated
59% of total respondents agree with the statement and believes that their colleague in act
ethically in their organization.
12% of total respondents do not agree with the statement and believes that their colleague
in act ethically in their organization.
29% responded maybe

Through the Pie-8, it could be stated

78% of total respondents agree with the statement and believes that their organization
balance its short term business goals with its long term need for success ethically.
22% of total respondents agree with the statement and believes that their organization
balance its short term business goals with its long term need for success ethically.

20
Through the Pie-9, it could be stated
77% of total respondents yes
23% of total respondents no

Through the Pie-10, it could be stated

76% of total respondents agree with the statement and believes that their organization
demonstrate high ethical standards.
24% of total respondents do not agree with the statement and believes that their
organization demonstrate high ethical standards.

Findings
Business ethics refers to contemporary organizational standards, principles, sets
of values and n Employees make better decisions in less time with business ethics as a
guiding principle; this increases productivity and overall employee morale. When
employees complete work in a way that is based on honesty and integrity,

21
 The whole organization benefits norms that govern the actions and behavior of an
individual in the business organization.
Most of the organizations has adopted ethics and ethos to run their organization smoothly.
People working in the organization knows how to interact with their fellow colleagues and
their top level managers in ethical manner.
In the pie chart we can see that most of the employees have reacted in a positive way when
asked about their organization and if they priorities ethics in their organization or not.

22
 CONCLUSION

Business ethics means keeping the business below expectations and the welfare of the
community because the community provides a place for the business and therefore the
business should be tied without breaking the foundations of the community. The purpose of
the business must be to contribute to the prosperity and harmony of society. The business
may be divided into various structures. Moral values are issues of right, wrong,
impartiality, and justice. Therefore, business ethics place you in focus on ethical issues
arising from the industrial world. It goes back to understanding what is right or wrong more
as true or false within the realm. In times of change, it is as if we are in the process of
finding a ever-changing rate. What the manager et al did given now in the past was not.
The real answer to business ethics yet the business is behaving itself. All vendors must
have ethical standards in dealing with others. The financial space must have a business
ethic. Merchants should keep in mind that their behavior can also influence the behavior of
others in building relationships. They must not seek, encourage or exploit coercion in
obtaining unethical conduct, in their relationships with others, such as employees,
suppliers, or customers. The task of the staff is to mitigate many of the ethical challenges; it
works directly for use by the organization. Employees contain a variety of behavioral
pitfalls that read the full text. It can also damage the company's reputation if it is not
handled properly. The most important part of any manager's job is to pay close attention to
business ethics. The Ethics business will create a favourable environment in which to find
and sell. In the future, there may be problems from corruption, poverty, and thus a lack of
respect for the status. Logical and moral arguments have been made for the organizational
importance of ethos or virtuousness, in addition to ethics and responsibility. Research
evidence is beginning to provide, empirical support for such normative claims. This paper
considers the relationship between ethics and ethos in contemporary organizations by
summarizing emerging findings that link virtuousness and performance.

23
 REFERENCES

1. Peter Singer, “Practical Ethics”. Retrieved 1979

2. https://www.google.com/
3. https://www.google.com/url?sa=i&url=https%3A%2F%2Fround-lake.dustinice.workers.dev%3A443%2Fhttp%2Fwww.jcreview.com
4. Book by Kurt Stanberry and Stephen M. Byars “Business Ethics”
5. Book by A. C Fernando “Business Ethics: An Indian Perspective”
6. https://www.investopedia.com/terms/b/business-ethics.asp
7. https://www.slideshare.net/harshitaSHRIMALI/businessethicsethos
8. Business Magazine
9. https://www.youtube.com/
10. https://qslimited.com/company-ethos-principles-objectives/

24
 AMITY UNIVERSITY
-----JHARKHAND-----

Amity School of Business

Major
Project

Student Name A J Shubramniam

Enrolment No A35101918097
Programme BBA
Company's Name and Amity University, Jharkhand
Address Niwaranpur, Main Road
Ranchi
834008
Industry Guide
Name
Designation
Contact Number
Ph.(O) : (R) :
Mobile:
Fax:
E-mail: [email protected]

Project Information
1) Project Duration: (49 Days)
a) Date of Major Project commencement (20/01/2022)
a) Date of Major Project Completion (09/03/2022)

2) Topic
An introspective study on business ethos and ethics and in reality its real time implementation in
business.

3) Project Objective
A study on business ethos and ethics and in reality its real time implementation in business. To
examine self- examination of motives and feeling in business in reality and implementation in
business.

4) Methodology to be adopted
The methodology to be adopted is based on primary and secondary data. Primary data will be based
on survey and secondary data will be based on research papers and journals.
5) Brief Summary of project (to be duly certified by the industry guide)
Ethos is the character or fundamental values of a person, people, culture, or movement while ethics
is a set of principles of right and wrong behavior guiding, or representative of, a specific culture,
society, group, or individual. In this research project my aim is to implement business ethos and
ethics and in reality its real time in my introspective view in which I will examine one's own
thoughts and emotions. The detailed self- examination of motives and feeling in business.

Signature Signature Signature

(Student) (Industry Guide) (Faculty Guide)
 AMITY SCHOOL OF BUSINESS
---AMITY UNIVERSITY JHARKHAND, RANCHI---

Student Name: A J Shubramniam

Enrol No.: A361123456 Program: BBA, Sem-6,
Batch: 2021-22
Title: An introspective study on business ethos and ethics and in reality its real time
implementation in business
NTCC Weekly Progress Report (Major project, MSMJ100); Wk. No: 1 Duration:
49 Days

DAYS / Date
Summary

MON / Understanding the topic

14/09/2020

TUE/ Understanding the topic

15/09/2020

WED / Understanding scope and future of the study

16/09/2020

THU / Understanding scope and future of the study

17/09/2020

FRI / 18/09/2020 Planning for the research

SAT / 19/09/2020 Planning for the research

Note: Please submit all the typewritten WPRs in the project file along with the
Summary

(Student Signature with Date)

(Faculty Guide Signature with Date)

 AMITY SCHOOL OF BUSINESS
---AMITY UNIVERSITY JHARKHAND, RANCHI---

Student Name: A J Shubramniam

Enrol No.: A361123456 Program: BBA, Sem-6,
Batch: 2021-22
Title: An introspective study on business ethos and ethics and in reality its real time
implementation in business
NTCC Weekly Progress Report (Major project, MSMJ100); Wk. No: 2
Duration: 49 Days

DAYS / Date
Summary

MON / Planning for the research

21/09/2020

TUE/ 22/09/2020 Planning for the research

WED / 23/09/2020 Planning for the research

THU / 24/09/2020 Filled Synopsis

FRI / 25/09/2020 Summarize the summary

SAT / 26/09/2020 Deciding research methodology

Note: Please submit all the typewritten WPRs in the project file along with the
Summary

(Student Signature with Date)

(Faculty Guide Signature with Date)

 AMITY SCHOOL OF BUSINESS
---AMITY UNIVERSITY JHARKHAND, RANCHI---

Student Name: A J Shubramniam

Enrol No.: A361123456 Program: BBA, Sem-6,
Batch: 2021-22
Title: An introspective study on business ethos and ethics and in reality its real time
implementation in business
NTCC Weekly Progress Report (Major project, MSMJ100); Wk. No: 3
Duration: 49 Days

DAYS / Date
Summary

MON / Prepare the rough introduction part

28/09/2020

TUE/ 29/09/2020 Read books to get detailed information about business ethics

WED / Prepare the rough review of literature

30/09/2020

THU / 01/10/2020 Understanding Relation of ethics and ethos

FRI / 02/10/2020 Written the abstract of the Report

SAT / 03/10/2020 Studied the impact business ethics and ethos and its real time
implementation in business

Note: Please submit all the typewritten WPRs in the project file along with the
Summary

(Student Signature with Date)

(Faculty Guide Signature with Date)

 AMITY SCHOOL OF BUSINESS
---AMITY UNIVERSITY JHARKHAND, RANCHI---
Student Name: A J Shubramniam
Enrol No.: A361123456 Program: BBA, Sem-6,
Batch: 2021-22
Title: An introspective study on business ethos and ethics and in reality its real time
implementation in business
NTCC Weekly Progress Report (Major project, MSMJ100); Wk. No: 4
Duration: 49 Days

DAYS / Date
Summary

MON / Studied about ethics

05/10/2020

TUE/ Studied about ethos

06/10/2020

WED / 07/10/2020 Studied business ethics and ethos

THU / 08/10/2020 Planned the process of data collection

FRI / 09/10/2020 Started preparing the questionnaire

SAT / 10/10/2020 Gone through the noted data till date

Note: Please submit all the typewritten WPRs in the project file along with the
Summary

(Student Signature with Date)

(Faculty Guide Signature with Date)

 AMITY SCHOOL OF BUSINESS
---AMITY UNIVERSITY JHARKHAND, RANCHI---

Student Name: A J Shubramniam

Enrol No.: A361123456 Program: BBA, Sem-6,
Batch: 2021-22
Title: An introspective study on business ethos and ethics and in reality its real time
implementation in business
NTCC Weekly Progress Report (Major project, MSMJ100); Wk. No: 5 Duration:
49 Days

DAYS / Date
Summary

MON / Discussed some more questions for the questionnaire

12/10/2020

TUE/ 13/10/2020 Read about business ethics and its implementation

WED / Prepare few more questions for the questionnaire

14/10/2020

THU / 15/10/2020 Gone through my data collection

FRI / 16/10/2020 Prepared my questionnaire

SAT / 17/10/2020 Started receiving responses for the questionnaire

Note: Please submit all the typewritten WPRs in the project file along with the
Summary

(Student Signature with Date)

(Faculty Guide Signature with Date)

 AMITY SCHOOL OF BUSINESS
---AMITY UNIVERSITY JHARKHAND, RANCHI---

Student Name: A J Shubramniam

Enrol No.: A361123456 Program: BBA, Sem-6,
Batch: 2021-22
Title: An introspective study on business ethos and ethics and in reality its real time
implementation in business
NTCC Weekly Progress Report (Major project, MSMJ100); Wk. No: 6 Duration:
49 Days

DAYS / Date
Summary

MON / Collected few responses and noted it

19/10/2020

TUE/ 20/10/2020 Gone through ethos implementation on business

WED / 21/10/2020 Summarised the data collected

THU / 22/10/2020 Gone through the noted points till date

FRI / 23/10/2020 Summarised all the pointed collected through web and books

SAT / 24/10/2020 Literature review

Note: Please submit all the typewritten WPRs in the project file along with the
Summary

(Student Signature with Date)

(Faculty Guide Signature with Date)

 AMITY SCHOOL OF BUSINESS
---AMITY UNIVERSITY JHARKHAND, RANCHI---
Student Name: A J Shubramniam
Enrol No.: A361123456 Program: BBA, Sem-6,
Batch: 2021-22
Title: An introspective study on business ethos and ethics and in reality its real time
implementation in business

NTCC Weekly Progress Report (Major project, MSMJ100); Wk. No: 7 Duration:
49 Days

DAYS / Date
Summary

MON / Literature review

26/10/2020

TUE/ 27/10/2020 Went through various research paper present on the topic

WED / Went through various research paper

28/10/2020

THU / 29/10/2020 Went through various related terminologies

FRI / 30/10/2020 Separately analysed the response of all the collected response

SAT / 31/10/2020 Took the average of whole and then analysed it together

Note: Please submit all the typewritten WPRs in the project file along with the
Sum

(Student Signature with Date)

(Faculty Guide Signature with Date)

(Faculty Guide Signature with Date)