Types of Options and Option Positions in Markets
Explore the different types of options including call and put options, European vs. American options, and option positions for traders. Understand the basics of option contracts, trading details, and option-like instruments like warrants and convertible bonds.
Download Presentation
Please find below an Image/Link to download the presentation.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.
You are allowed to download the files provided on this website for personal or commercial use, subject to the condition that they are used lawfully. All files are the property of their respective owners.
The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author.
E N D
Presentation Transcript
Definition According to Josephson institute ethics in Public relations are Standards of conduct that indicate how one should behave based on moral duties and virtues . The internet encyclopedia of Philosophy. explains ethics in Public relation as The field of ethics, also called moral philosophy, involves systematizing, defending and recommending concepts of right and wrong behavior .
The principle behind the professional ethics is that one sanctions are designed to create the greatest good for both the client and the community as a whole rather than to enhance the position and power of the practitioner . cultip et. Al, pp. 144-145.
Many critics think that there cannot be ethics in Public Relations because the task itself is a product of manipulation and propaganda.
Role of Ethics in Public Relations PR involves earning credibility which comes from telling the truth. PR must be based on doing the right thing means acting ethically.
Ethical issues with Public Relations Many people perceive public relations as something not respectable. As it includes clever strategies to convince people that what's wrong is right. Many believe that public relation professionals are clever manipulators instead of truth conveyers.
Ethical issues with Public Relations With holding information from the public Presenting and promoting independent views and opinions Biased approach Distorting the reality Propaganda Promotion of questionable industries Pseudo-events
Ethics of Public Relation Practitioners According to Public Relation Society of America following are the ethics for PR officers. Accuracy and Truthfulness Informed Decision Making Confidentiality Protect Interest of Clients or Employers Avoid Conflicts of Interests Don t work contrary to the code
Cadbury Crisis Management & Ethics Food and Drug Inspector Media Role Decrease in Sale Cadbury Management Action Stakeholders Accept the Problem
Inform Clients about the Problem Advised Customers Remain Careful in Buying 2ndMedia Briefing Change in Packaging (Ref: Case Study )
PR Ethics Followed By Cadbury They remain truthful and accurate. They Informed clients well to make decision They protect the interests of their clients. They avoided conflict of interests.
Nestle PR Campaign Greenpeace Videos Nestle Facebook Page Didn t Accept the Fact Announcement (Ref: Case Study)
Deficiencies Regarding Ethics They were not truthful. They were protecting only their own interest. They created a conflict.
Solutions to improve ethical issues in Public Relations Educating people about the importance of ethical behavior Clearly defining ethics and code of conduct of organizations and industries. Following the ethics by our selves.
