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Summary grade 12 (IEB) professionalism and ethics study notes

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struggling with the vast content covered in matric business studies, here are condensed and easily understandable notes that help you understand the key components of the topic, with great efficiency









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Uploaded on
March 2, 2025
Number of pages
4
Written in
2024/2025
Type
Summary

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Professionalism and ethics

Y Ethical theories

Rules I prevents bias)
Principle based theory (no exceptions to
- Persons ethical views and values which determine whether they see actions as ethical or
not
- There are no exceptions to rules, own up to consequences (having strong personal
boundaries

Consequence based theory
- outcome/consequences will determine whether actions are considered ethical or not

Utilitarian
- Determining whether something is ethical or not is determined by what is best for the
greatest number of people

Unethical behavior in practise

Conflict of interest laffect of personal interests)
- A conflict of interest occurs when an individual's personal interests – family, friendships,
financial, or social factors – could compromise his or her judgement, decisions, or
actions in the workplace. resulting in a lack of objectivity

Bribes and corruption
- This can be displayed through a gift, offer of employment, promotion, favour
terms to
bring in - y Soothing payments or facilitation payments = bribe in money form
7
- Corruption is seen when someone in a position of power abuses their status for personal
gains and growth (eg misappropriation of funds)

Unauthorised use of funds
- Known as the same as theft (white collar crime)

Inappropriate gifts
- There are limits that come with receiving gifs in order tot prevent them being considered
bribery or sexual harassment

Sexual harassment
- Unwelcome physical contact (incident exposure code of conduct)

Unfair (deceptive) advertising

- Use of false or misleading statements - misrepresenting of product ultimately negatively
affecting the client ( loss of brand rep, consumer/ brand loyalty )
R161,33
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