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Ethics in Business are just a Passing Fad

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Ruchi said: (Sat, Jun 1, 2013 10:16:47 AM)

Not only business everything in life should be in ethical manner. If anyone wants to grow he should follow a positive ethics. Every famous person or brand is famous for its ethical values followed. To increase a business one should definitely follow an ethics. For example-the people always follow a brand not an ordinary person or thing. Most of the follow will like to follow Mr.Amitabh Bachchan and Mr.Sachin Tendulkar like person for their positive ethics. A person always wants to join in a branded company rather than a normal company because it follows some ethics so that one knows what will he earn after joining.
Rate this: +6 -6

Veena said: (Sun, May 12, 2013 02:25:08 PM)

Ethics and principle on the business or the company stands it forms the core of their policies. Ethics of the company affects it image in the market, employee retention, even affect the investments that company will be allowed to do in the global market. Lets take an example of TATA group, after the 26/11 Mumbai attack, the turn over of Taj group increased, and the only reason for this increase is the ethical responsibility shown by the group towards, its customers, employees, their families. This enriched their image and increased the customer belief. Companies along with good quality product or services having great ethical values sustain in the market on the long run.
Rate this: +13 -1

Meenu said: (Fri, May 10, 2013 10:20:17 AM)

Ethics refers to the code of conduct which tells us how to behave not only with the customers but also with the employees. And it must be performed by each and every member of the organization. Ethics is necessary so that the customers feel safe in terms of their right, their product and their benefit. As we know that customer's satisfaction is the main goal of today's marketing world, and they feel satisfied only if they are satisfied in terms of product, right and benefit. We can gain our customer's trust if we conduct in a ethical manner. Ethics include everything ranging from providing good quality product, with proper price, customer product care, the service term, listen to their complain, feedback, safeguard of their choices, everything. And it is not limited to the customer but it also include employees. A satisfied employee act well on his part. And a satisfied customer will come to us again and again. And this in turn increase our profit.
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Anonymous said: (Thu, May 9, 2013 11:33:38 PM)

I would say that company should make the strategies or business plans that would not curb the ethics. Since, maintaining ethics is the only way in which a businessman can attract his customers. To outdo his competitors, he should not be mislead in wrong direction because of which the customer might lost trust in the business. For Instance, Consider the Flipkart which was started by employees of Amazon. They have just maintained the trust and delivered goods on time; which was their main motive. A recent talk with its CEO in recent India Today has mentioned that he followed some ethics. And that is the reason for his success journey.
Rate this: +1 -0

Chengappa M said: (Wed, May 8, 2013 12:07:25 PM)

Ethics in business is never a passing fad. Ethics is important in our life and in business. Ethics brings about a definite goal in the employer and the employee. It helps unite the goal of employees and it helps in steady growth of the organization. I believe the in life or in business we should have strong positive ethics which should be strictly followed to bring about system and order in whatever we plan to do. The ethics of the business should be realistic and sustainable. It should be fair and equal for everyone.
Rate this: +3 -1

Ani said: (Thu, May 2, 2013 08:13:30 PM)

Hi everyone, Let me say something about this topic. Here it is all about that the ethics are not valid in the business. Generally principles are very important in business life. If one follows ethics in their field, he will definitely achieve success only. He don't want to get fear of any things. In addition to, following the rules will bring honor to a man. This is the same even in business point of view. So it should not be passing fad in business. Every business should have some ethics to follow.
Rate this: +1 -4

Pavani said: (Tue, Apr 30, 2013 11:07:20 PM)

In my viewpoint, ethics in business is not a passing fad. Infact, ethical consumerism which is ethics directed behaviour of consumers is picking up its wibe. The underlying reason being the changing attitudes of people towards society and the environment. The companies as well are taking care of this by practising Corporate Social Responsibility which is based on the theme that every business entity has a responsibility for the environment, for the society why contributing their bit. Over a few years, a surge in such ethical activities on the part of corporate biggies has been seen. For instance, ITC contributes two rupees to rural education programmes on every purchase f its brand's Classmate notebooks. In todays competitive and dynamic market, ethics has become Modus Operandi of businessmen as a marketing strategy to attract customers and create goodwill in the market.
Rate this: +2 -1

Poonam said: (Fri, Apr 19, 2013 11:50:43 AM)

Hi Friends, According to me Ethics in business are not the passing fad. If you want to run your business for a long time you must have some ethics through people can trust on you. We generally prefer to go to that shop for shopping whom we trust whose person has some ethics and we know that this person will not cheat us he always gave us best quality.
Rate this: +15 -0

Puneet Kumar Singh said: (Wed, Apr 17, 2013 07:01:39 PM)

Ethics need hard work and hard decisions so never hesitate in taking them and see that the problem of achieving the level of reputation will be eradicated easily so never loose faith in your ethics and work with the world speed and work harder and harder. These are the points for good and healthy business. Thank you. Hence I conclude that a person must have concrete faith in his or her ethics and must work hard to give healthy competition to his rivals by updating him and by developing him.
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Sunil said: (Mon, Apr 15, 2013 06:35:35 PM)

Now a days ethics is a things people used this word for other, in fact, there is no ethical things for big business man in the world. They used only for their profit. We learned ethics in school or college only, but in my opinion no one have seen ever. In our country congress party creates imagination for people and our people trust on them and there is a problem. People should change their mind who at top level in business and their should be opposed by people whenever it is happening. I think there must be guideline on ethics. Thank you.
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Vijendra said: (Sat, Apr 13, 2013 06:17:32 PM)

Hi as per my opinion ethics have their own place in once life yes in business too but to some extent only, I think the whole sole aim of businessman is to make profit from market though he must take notice of quality but should not be drown by morale duties if he will pay more attention to ethics then competition from other companies will definitely destroy him.
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Parveen said: (Mon, Mar 25, 2013 03:20:11 PM)

In my view ethics are the base for any organisation if it believe in long term business. Today, in cut throat era everyone want faith and valuable things whether they are employee, customer and government So its depend upon company to company, how longer sustainability they want. Its as simple as give trust and take trust.
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Smrithi said: (Sun, Mar 24, 2013 09:38:02 AM)

Hi everyone, according to my point of view, ethics is important in business but only upto a certain extend. Mostly business aims at profit and so there will be stiff competition. One who strictly follows ethics may not be able to survive in the market as the tough competitors would always run far ahead of him. In other hand, ethics in business gives long term success to the firm and it always stand to keep up the reputation of the company. It attracts customers and their trust in the firm but the thing is one should be able to survive in the market until this reputation is achieved.
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Yogesh said: (Thu, Mar 21, 2013 07:49:21 PM)

THANKS for providing us with such a good relevant topic its my pleasure to share my views on this topic ya! ethics in business according to me are important because a customer basically is a king of the market today and 2 provide them with a good service is to be ethical in the business unethical behaviour leads to the failure of a business.
Rate this: +2 -3

Asmi said: (Wed, Mar 20, 2013 02:09:45 PM)

A successful businessman is the one who takes his business for long with the profit this is only possible only when he has ethics in his business because a person can get small profit for without ethics but can go no longer in his business cause once you lost the trust of someone you will never make your image up in eye of them.
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Khalid said: (Sun, Mar 17, 2013 12:19:00 PM)

Ethics. Question is do we really need it? I believe of course YES. Honesty is the best policy that's what has been told to us from our childhood, most of us take our parents as role models from the day we open our eyes in this world. I would say, the set of values we have and we get from our tradition, religion and our country is wonderful. Without ethics everything will be for a short span, till the time you don't correct your basic how can you think for a long term success. Every business should follow ethics or else it will be a complete failure in long run.
Rate this: +3 -2

Fathima said: (Sat, Mar 16, 2013 11:07:53 AM)

Ethics of business includes both profit as well as moral values. One should not go for a loss in business seeing only the moral ethics, also one should not give up his values and look only for profit. There are variety of business activities which are strictly based on profit like real estate constructions where selling is done seeing the standard of the consumer. But others like commercialized hospitals should be based on moral values at first then profit. What is really important to know is that making profit is not losing moral values, rather if you make profit in your business you can do several works which will enhance you as a person as well as social being. There are many business which degrade one's moral ethics like black marketing, smuggling etc but otherwise business is so run by certain sense of ethics. According to me ethics is the most important thing in Business. The most important thing taught to any child by his/her mother is to follow ethics where ever he/she go. SO while establishing any business we should not forget our ethics in greediness of profit. Some of my friends said that ethics in some aspects is necessary today, but friend losing your own basic (moral) value will definitely give you a jump in your profit graph but you will not succeed in the last. The profit you got will remain for some time and temporary. But it will not give you joy and peace which you should deserve after all your hard work (Eg. 2g scam) , Because your inner soul knew that what ever success you got in business is not according to morals.
Rate this: +13 -0

Anupama M P said: (Thu, Feb 28, 2013 08:17:01 PM)

Hello, See what ethics do we all are talking about? Business means to compete if, it means to run in battle field if you run you will survive else you will loose. There is no ethics in business, yes there are some basic rules which one needs to follow other than that business is meant to say to just grab opportunities and work hard as much as you can and win, and achieve before anyone can.
Rate this: +5 -12

Winner said: (Wed, Feb 6, 2013 01:22:38 AM)

Ethics are very important in all spheres of society. Ethics in business play a very important role. Had there been no ethics, there would have been no trust between the customers and businessmen, there would not have been any sense of belief and trust among the stakeholders of a business. However, I do agree that in this era, there are people who just think ethics as a perennial entity. For them it is necessary to understand the importance of it. The reasons for people for younger people loosing belief in ethics, faith, trust is because of the example the society has set for them. One can easily find examples of business men cheating other fellow members, government etc.
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Nitya said: (Fri, Jan 25, 2013 03:13:40 PM)

Hi I believe ethics are the basic flagstones of our culture in general. To be more specific, we have all witnessed the doom and demise of once-a-very-revered corporation "Satyam". Had it not been for the mere profits, the company wouldn't have faced the challenges its now dealing with. I guess internal audits and like some of my friends quoted "Corporate Social responsibility" groups need to be more effective and vigilant in cross verifying the details of the proceedings occurring in the company. That's what I guess shall take us all through !
Rate this: +3 -5

Sumit Kumar said: (Wed, Jan 23, 2013 05:58:30 PM)

In My opinion ethics and values are the base of any organization to grow day by day which also leads to a great society too. Trust is something which you can not gain in one day but loose in one second. By ethical practices one organization can earn trust and money both in a long run. Without the ethics a person is like a body without soul. For example:- TATA and Infosys are such organization known for their trust because they always follow ethical practices. There are many scam in recent days highlights how unethical practices destroy our trust for them.
Rate this: +46 -3

Mayur J Pabari said: (Wed, Jan 23, 2013 02:04:12 PM)

Hello friends. I would like to Say that ethics is not just a passing fad. Ethics is something that works as the backbone for any organisation or company, without which organisation can not succeed in long term. But in the contrary, if the base is strong ie. If company is working ethically then it will surely pull off in the long term. For example, Take Amazon, a multinational electronic commerce company which has not profited for 25 years since its establishment. It is the investors who were investing for Amazon, as amazon was accepted by consumers. Thus it is the ethics which had helped Amazon company.
Rate this: +9 -3

Allan Chettiar said: (Mon, Jan 14, 2013 01:12:00 PM)

Hello everyone. Its great to hear different point of views expressed by everyone and I agree that ethics in business is not a passing fad. Ethics simply put means how you conduct yourselves and its important for every individual to conduct themselves in a rightful way to be successful and respected and since a company is nothing but a group of individuals it becomes even more important. Ethics is required for a company to not only sustain but also grow and be respected by consumers by conducting themselves properly by giving quality goods at competitive prices with excellent customer service.
Rate this: +31 -1

Aaditya said: (Thu, Dec 27, 2012 12:00:03 AM)

Hi all, I think ethics is not a fad but a necessity today. Consumers are all powerful with all their social media tools, tarnishing the image of a company is a single tweet away. Let us not forget the recent revolution in Egypt was started by a single Facebook status.
Rate this: +9 -1

Neha said: (Mon, Dec 10, 2012 05:17:55 PM)

So far we all have discussed that ethics is important for the business and I also agree to this. But is it a passing fad? According to me the companies have come up with a sugar coated version of being unethical. Very smartly companies have brought in a new version of bribing as incentives or margins. To attract the customer base the companies have started providing incentives to the dealers to sell their product in the market over their competitors. In this way all the companies have started doing the same. Thus I do agree with the point that being successful a company should be ethical but due to the competition it is a passing fad.
Rate this: +8 -5

Manikandan said: (Sun, Dec 9, 2012 01:21:09 AM)

Hi everyone, according to my view ethics is a important for making regular profit for us organisation. In unethical business it's make only short time profit. So ethics in business is good one. Thank you.
Rate this: +21 -4

Sabita said: (Wed, Dec 5, 2012 03:00:20 PM)

Hie to one and everyone, according to me ethics is the most element in business. If we do business without ethics, we can make profit but we can't win the hearts of our customer. And this profit doesn't last longer. With ethics we can make them attracted towards buying our products. And we can definitely spread our business using ethics.
Rate this: +13 -7

Atul said: (Tue, Dec 4, 2012 04:15:14 PM)

Hi Everyone, I would like to state against the motion and let me say why. As many of you rightly said, Ethics alone won't make a name a brand but it is an essential element in the whole mix. Without Ethics, a company or a business won't be able to sustain itself for a longer term and will sooner than later collapse. Not that there are no unethical brands or companies in the market, but they offer some value preposition that is making them sustain and grow in the market. It's not just a passing fad, but lies at the very foundation of a long lasting brand. Thanks.
Rate this: +9 -3

Hema said: (Sat, Dec 1, 2012 04:12:07 PM)

As per my point of you ethics can play primary role in every organization. Organization ethical values can be reflected into company vision and mission. If take the non-profit organization like trusts/ society, the name it self shows ethics of the organization, but most of the trusts are doing unethical things which will give individual benefits. Take the example of ICFAI Institute, its cheated rural area students. Means without AICTE Certification. Thank you.
Rate this: +8 -13

Kal'Yan said: (Fri, Nov 16, 2012 04:38:46 PM)

Ethics in business is an important factor. But we can say that most of the manufacturers have put aside their ethics. We can find that from the quality of goods at present. If we buy a pen, it doesn't work properly or the ink in the pen may leak. Most of the pens are of this type. If we buy a shampoo, the hair ball can be seen on the bathroom floor after we wash our head. This is nothing but unethical practice of adulteration. Similarly, when we look up the costs of the products, the cost remains the same, where as the quantity is reduced and packed as two packages. So, we can definitely say that ethics in business is a passing fad.
Rate this: +4 -15

Aksh said: (Thu, Nov 15, 2012 12:41:30 AM)

According to me Ethics in business Are most important. If we will do business without ethics it will give us Profit but for a short period but if we do our business with ethics it may give us small share of profit but it helps us to win trust of the customers. The first and the foremost motive of business is to satisfy a customer if we satisfy our customer and win there trust we will automatically make profit. So in my point of view Ethics are the most important element in business.
Rate this: +110 -5

Soud said: (Mon, Nov 12, 2012 04:34:29 PM)

I think unethical practices can be done for achieving a short term goal of business, because in this competitive market a company won't survive without doing it and I believe every companies does that up to a certain extent. But a company should not make unethical practices as its base for such a long time because if they do someday it will come out in front of people and reputation can be severely hampered, as we have seen many cases in the past.
Rate this: +3 -3

Dheeraj Singh said: (Wed, Nov 7, 2012 08:32:27 PM)

Hello everyone, As we know goodwill is a strong point for any business which help for long term survival in the market and it comes when others show their faith on you, and it is possible when you are ethical about those who is somewhere related to you in terms of customer, employee, partner and for yourself. So ethics is not just a passing fad while all the long term business is depend on it. So need to follow the ethics. Thank you.
Rate this: +9 -1

Jyoti said: (Tue, Oct 9, 2012 06:49:51 PM)

Hello! Everyone in my point of view if any company want long term success and profit it depend only Ethics values of organisation. Mean that every member of an organisation fellow the Ethics value for the success of an organisation.
Rate this: +22 -9

Rajnish Gupta said: (Mon, Oct 1, 2012 06:58:58 PM)

Basically ethics is the moral principal and values which determines the path for yourself as well as society. The main objective of any business is profit and profit can't be earn without the trust of customer toward us. May be unethical practices can provide you instant profit but can't give you long term remain. For example 2G scam, common wealth scam, satyam scam etc. Is the result of unethical practices. Without the ethics a person is like a body without soul. TATA is known for trust because he always follow ethical practices once the adoption of unethical practices can eat all your goodwill so the key element behind any organization's success is ethical practices.
Rate this: +148 -8

Mahak Narang said: (Tue, Sep 25, 2012 12:00:04 PM)

It is important for every business to work ethically if they want the long term profit, if they are in the market just for the survival for the short term they can earn it unethically for example satyam have opted unethical behavior after that they completely lost the market. On the other hand to build trust among consumers is important to developed through ethical practices only. There are so many examples in which companies have tried unethically practices and they all went in vain like enron, satyam etc. Ethical practices and behavior is important for long term relationships, to grab market share, maintaining goodwill, brand image, to have joint ventures, to take credits for short term in the market for all these it is important for the company to follow ethical behavior.
Rate this: +15 -1

Anubhav said: (Mon, Sep 24, 2012 07:02:52 PM)

Business is not just earning "MULA"(money), it is way beyond it. The management should ponder there thoughts over the ethical use of each and every resources so as to gain market recognition, as well as to each necessary profit through ethical means. Thus the loyalty factor of a various brands are also at stake.
Rate this: +2 -4

Teja said: (Fri, Sep 21, 2012 09:34:17 PM)

Ethics in business are not just a passing fad. For every thing we do in life there are some ethics to be followed. Like that there are ethics to be followed in business also. This gives a way for profit and fame. A business with out fame and faith can not get succeed. So there is a way for achieving these are to follow ethics. Adding smartness to the ethics leads to constant success.
Rate this: +9 -0

Akansh said: (Fri, Sep 14, 2012 06:03:55 PM)

I think ethics is really important for any business to grow for a long time. As we can see present scenario Samsung has pitifully use the patents of Apple and thus have to suffer, even SATYAM has the same result while taking the path of unethically. So ethics is really important in business and one should follow it lawfully.
Rate this: +11 -4

1305Ni said: (Fri, Sep 7, 2012 03:30:45 PM)

It's truly said that if you want to walk quick, then walk alone. But if you want to walk far, walk together. And this togetherness is not just about persons, it's about the ideals, conscience and above all humanity. Yes, profit is the main motive of doing business, but can we be sure that profits which we will earn at the expense of exploiting, oppressing and cheating others won't come to haunt us again, may be sometimes later? The ethics followed in business will always be the most important. Why we want profits for? for fame, for family. Can we be able to say our children and wife in their face that I am clean. What will you do when your child who is made to believe in his/her childhood that honesty is the best policy and look upon you for a model? what for, then? bad practices can make quick money but it's also sure that it would be taken ever more quickly again. Great giants like harshad mehta have fallen in this trap and lost their everything. Will we be able to face ourselves then?
Rate this: +99 -5

Amit Kumar Rai said: (Tue, Aug 28, 2012 10:03:23 PM)

To increase the profit is one of the primary aim of any company. Today there is heavy competition in any business activity. Therefore to survive and outpace your opponent some firms are tempted to take illicit routes. The activity of hostile acquisition or violating the patents with slight modification in existing technology have been going on for decades. Sometimes this might result in huge losses to the company. The example of Apple-Samsung case in which Samsung violated the patent law and copied the existing technology of apple to manufacture their Galaxy tablets and for which it had been 1. 05 billion USD not to mention the goodwill loss the company will have to bear shows that ethics holds a very vital value not only in social world but also in business world. Illegal practices might give you success instantly but it is not a good strategy for long term success.
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Nilima said: (Sat, Aug 25, 2012 10:40:50 PM)

Good evening to one and all. Defining the above, business is some type of occupation to earn profit and ethics are ones wise values that you garnish since childhood. Business and ethics can partially go hand in hand since business needs to adopt certain strategies and values to gain your profit at the shoulder of others. To be an active opponent and trader one always needs to work as per the system and with it. Sticking to ones values leaves us abandoned. One needs to work out of league to implement the ideas. A selfish approach is always needed but not a self centered one. As per what the others have said, I want to add, had the satyam software not been unveiled, we would have counted it as one of the greatest company. So what I conclude is, some times to prove oneself and achieve a long term goal, one needs to adopt a practical approach to compromise and cooperate with the running system.
Rate this: +8 -2

Ekta Baweja said: (Wed, Aug 22, 2012 10:27:24 PM)

According to me ethics in business is very important not for the trust of customer but for own because if we do business without ethics it may give us more profit but for short term in long term its very dangerous for business. Ethics build trust and trust earn you profit and be smarter also means whats going on in the market. best example of satyam computers.
Rate this: +15 -3

Priyanka said: (Wed, Aug 22, 2012 08:23:24 PM)

I don't think so ethics is just a passing fad in business it is always necessary to use ethics as well as smartness in business .Ethics or smartness alone cannot create success in business. But nowadays due to corruption it is very difficult to maintain ethics in business but still people who are maintaining their ethics in business only get longlasting success. Otherwise to get temporary success ethics is not required. But only ethics cannot maintain success in business businessman should meet requirements of consumer & should not compromise with product quality. businessman using ethics- tata motors businessman not using ethics-satyam industries you can see the difference & understand the use of ethics in business. thank you
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Dinesh said: (Mon, Aug 20, 2012 01:08:21 PM)

If we go through the history. Most of the companies at some point of time have been unethical. If we consider big players like apple, how Steve Jobs stole the idea about mechanical mouse from XEROX labs and how Bill Gates used Macintosh to develop windows operating system. Yet they have been highly ethical to customers by delivering high quality products. Thus it might be inferred that companies try to be ethical towards customers in order to win their trust with an eye on profit and unethical towards their competitors in order to survive. Similarlygovernment policies and norms are also forcing companies to be unethical. So many companies which doesn't meet the government norms tries to deceive the govt and most often succeeds in it. This is because of poor regulatory board or corruption among the officials. I read someone indicating TATA group of companies as a true example of being ethical. Yeah I agree with that mostly but let not forget about how the proposal TATA nano plant in the northeastern state cause a major strife which killed lot of poor farmers. The bengal goverment has to take the responsiblity for that but still a liitle part of it goes to the TATA group too.
Rate this: +41 -12

Rajasekar said: (Mon, Aug 20, 2012 11:53:47 AM)

According to me ethics is important for successfully run the business. If you take our country still developing but all resources available at here because corruption is more available in our nation number of politician not follow our own ethics then-only our country not able to developed.
Rate this: +3 -1

Preeti Baid said: (Sun, Aug 19, 2012 08:15:29 PM)

I think in today's era ethics has just become passing fad but it should not be so. Ethics shows path towards the achievement of mission or goal of the organization. But a business can't exist only on ethics it should be done in smart ways as well as in ethical manner. Being smarter I mean recognition of opportunities available in the market and grabbing them at the same time.
Rate this: +4 -1

Gopal Arjunji Nandankar said: (Sat, Aug 18, 2012 08:28:23 AM)

Hello everyone, The discussion gives us a lot of good points to think on this topic. I would like to share my points on this good subject, First Ethics is very important in personal as well as business life. Our ethics gives us a good value of return and trust. All business are today running on trust by Client as well as employee. So once any business earn trust from both side the business will run very smoothly. Even if we loose any one trust out of Client or Employee business can't run successfully. Second thing as everyone believe in long term profit and career instead of short term. If we do business without ethics it may be give us more profit but for short term in long term its very dangerous for business. Now I would like to share one example to summarize my views TATA group who run the business on trust only, everyone knows that TATA is the GOD in industries, and same time SATYAM who went behind profit sold her ethics for short term and today all of you know the result of that. So yes Ethics in business is very important don't use it to show only. Thank you guys for listening my points.
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Isay said: (Thu, Aug 16, 2012 11:51:51 AM)

In this fast degrading world, ethics in business do seem like fading out. At times when money-making seems to be the foremost priority of most of the individuals, this is bound to happen. Every now and then, we hear the news of people being duped, adulterated items being sold and quality being compromised just to have some extra bucks in their pockets, by the people in the business. In the short run, it may seem like compromising on ethics can bring in prosperity, but it shouldn't be forgotten that one reaps what he sows. Such bounty can never be cherished for long if it's earned by illicit means. It's only an empire that is built on the grounds of honesty and ethics that can survive through all thicks and thins, unethical business practices are bound to go through their downfall.
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Hatim said: (Tue, Aug 14, 2012 08:32:15 AM)

I believe that ethics are important to run any business because ethics build trust and trust earns you profit. But in today's competitive world you have to be smart as well as ethical if you want to succeed. By smartness I mean being aware of what is going on in the market. If your competitor is providing the same product at a lower price naturally he would attract more sales, so you have to use innovative ways to reduce the price without compromising on quality. So I think ethics and smartness should go hand in hand to survive in a business.
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Pavani said: (Sat, Aug 11, 2012 10:01:47 AM)

Hi friends. First of all, I am not agree with the statement ethics are only just passing fad. Because If we want to be at high position at any field, we have to follow the ethics. I think ethics is nothing but general principles to be in a good manner. Coming to the business, If we want to success in the business or any fields first of all we have to do our duties sincerely according to the rules, and be communicate with subordinates and superiors according to our limits. Those are all come under the ethics. So I am feeling that ethics are one of the most important area which we have to follow in the organization.
Rate this: +3 -3

Gondy said: (Wed, Aug 8, 2012 10:43:00 AM)

According to me one of the main reason why India is not developing at a faster pace is not because Indians are not hard workers but they lack ethics when compared to the organisation culture in other countries. Ethics can gain you long term respect and profit.
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Kamal said: (Wed, Aug 1, 2012 03:18:43 PM)

I don't think so ethics in business are just a passing fed because every business starts with trust, if you want to take your business at top then you have to make the trust with consumer, organisation, all our business runs on trust&integrity, but some people do mistake using unethical way in their business by doing so they earn the profit but only for a short time, so, if you want to make long term profit then ethics do the main work. But today many many companies are not showing their ethical values at starting when they start up their business they make the trust and make quality product but now they lose their ethics, so according to me for long time profit ethic is very important.
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Vishal Jagtap said: (Fri, Jul 20, 2012 03:24:08 AM)

Hello everyone, The discussion gives us a lot of good points to think on this topic. I would like to share my points on this good subject, First Ethics is very important in personal as well as business life. Our ethics gives us a good value of return and trust. All business are today running on trust by Client as well as employee. So once any business earn trust from both side the business will run very smoothly. Even if we loose any one trust out of Client or Employee business can't run successfully. Second thing as everyone believe in long term profit and career instead of short term. If we do business without ethics it may be give us more profit but for short term in long term its very dangerous for business. Now I would like to share one example to summarize my views TATA group who run the business on trust only, everyone knows that TATA is the GOD in industries, and same time SATYAM who went behind profit sold her ethics for short term and today all of you know the result of that. So yes Ethics in business is very important don't use it to show only. Thank you guys for listening my points.
Rate this: +81 -5

Prateek Mihani said: (Sat, Jul 14, 2012 04:50:51 PM)

I agree with this quote as everyone today want to make money by hook or by crook. The word "ethics" is loosing its meaning day by day.
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Chiran said: (Sat, Jun 30, 2012 09:38:09 PM)

Hi friends, Ethics in Business are just a Passing Fad is our topic rights. Ethics is must to follow in business. For example if kite is flying in air. That wire will treat what that situation like same in business only. See friends we are in business world. Many company is there. In which company strictly followed that company easy to achieve success.
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Lakki said: (Sun, Jun 24, 2012 11:01:17 PM)

Yes I also agree with the topic. Recent days every people thinks there own benefit rather than the others. It was very bad for the companies reputation and growth also. Basically to understand what is the ethics so that we can know the benefits. Most of the companies making huge profit first than after they will gave donation or they will try to contribute something towards the society. This all for only hidden there profit earnings or we call it as tiger mask. So in future we should know the value of ethics and we will try to protect the ethics in our organisation. If follow every one defiantly ethics will have get grater value in business.
Rate this: +4 -8

Neeraj Chauhan said: (Thu, Jun 21, 2012 09:09:58 PM)

Ethics is the general consensus of responsibility to our society. Ethics is moral, norms, value and social responsibility that which is necessary in personal as well as in professional life. A business without ethics would be a body without soul. A businessman can't run a successful & long life business without ethics. Because of ethics a businessman gives maximum satisfaction to their customer, and every satisfied customer always connect other customer to business. So this is the basic principal of business that sustaining the customer is more important than retaining from the customer.
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Thelma said: (Mon, Jun 4, 2012 08:47:03 PM)

Ethics and business never go hand in hand. According to my knowledge no business is undertaken purely on ethics. If you have to achieve higher position in global market then you won't be able to survive only with the help of ethics. Some healthy business tactics should be implemented. But I won't say that it should completely avoid ethics. The best example is of satyam group of companies. They were listed in top I.T. Companies. But when their chairman Ramlinga who practiced unethical way of conducting business is now in the jail. So what I meant to say is ethics is important for the companies good reputation. But only ethics won't be able to take the business to a higher position. So I conclude by saying that the businessmen should wisely use his brain in making profits and by gaining good reputation which obviously requires good amount of experience.
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Leela said: (Sun, May 27, 2012 06:10:41 PM)

Hello friends. I think ethics in business is just a passing fad. A good businessman is who never compromises with the quality, quantity and never dissatisfy his customers. Every company has its own ethics but they follow it partially. Because its a natural human tendency to gain profit. Everybody has a darker side and in present situation where everyone is so corrupt it comes out, in order to achieve more and more they use subsidiary products and also the major reason is the competition in the business is so much that everybody chooses a wrong path to survive in business.
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Neha said: (Sat, May 26, 2012 02:14:49 PM)

Ethics are building blocks of any business organization. Because of mismanagement we can not manage with ethics well and make us feel that ethics are not present. No institute stands without ethics. Success and failure of any organization lies within management and mismanagement of ethics. Ethics includes whole structure of business hierarchy. There are strikes of pilot in Air India due to clashes with management. This is against ethics of any organization. That's why Air India have loss in crore. There many other organization which take care of ethics and rise high. Like, companies provides bonus to laborers for their effort and extra packages are announced. Company growth is growth of ethics. Ethics can never die. Sometimes we forget importance of ethics. So, we have to pay price for it.
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Prashanth said: (Wed, May 23, 2012 01:04:48 PM)

I believe that Ethics is a broad term and cannot just be restricted to values or beliefs. Ethics are something that standby someone at any point of time and is present in one's conscience. It is not something that can be put up on the company's notice board. Any business will have good ethics only if the management has some good leaders who have strong ethics, and i believe that is what will distinguish a good company from an ordinary one. In the case of Infosys, we clearly see the change in performance after Mr.Murthy stepped down from the CEO chair. The man's charecter and ethics is what drove the company to become such a powerful IT brand as we know it today... Thus, without ethics no business can flourish.
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Ashish Areekattel said: (Sat, May 19, 2012 05:03:13 PM)

In today's world, I agree with the fact that Ethics is just a passing fad. Because from the childhood children's are being taught to be competitive in any sort of manner to beat their competitor. So they don't compete in an ethical way and always think to outdo others. Because they have seen their parents do the same in the society. In 2011 India was ranked 95th out of 178 countries in Transparency International's Corruption Perceptions Index. So you can see the ethics is shifting over generations. A person with ethics does not grow in India often because they are been targeted by the corrupt people who do nothing to rectify themselves but do everything to corrupt other people too.
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Shanky said: (Thu, May 17, 2012 10:52:52 AM)

An ethical company is more likely to build a good reputation, which is more likely to bring financial reward over the long term. Ethics in the business is the key to success "one can do well by doing good" meaning one can succeed in business by being ethical. But today people want to make certain what benefits they will get being ethical, if they could get huge profit they follow the ethics otherwise astray themselves. Other factors such as corruption is diverting the people from being ethical. So in today's scenario I can say that people are being more professional, they think about earning maximum profit rather than reputation. But still there are people who thinks about the welfare of the other people which earns for them reputation and reward and most important of all these "trust". Once one is able to grab the trust he/she will gain the success which is the ultimate goal of business. So I conclude that its true Ethics in business are just a passing fad this is due to those greedy people who thinks for earning profit rather than the trust and the reputation. I believe "one can do well by doing good".
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Bisht Prabha said: (Wed, May 16, 2012 08:07:36 AM)

Disagree. 1. Its a necessity to last long and successfully. You can be unethically be successful for a point of time but in the end you will be out of game. 2. Successful philanthropist and business man azim premzi and sunil mittal. Agree. 1. India is so corrupt if you try to be ethical you have to work double hard to come up your way. If you try to against the tide (corrupt politician) you will be washed away. 2. Easy and quick money. In this highly competitive market people want to just earn they don't care about the means.
Rate this: +10 -1

Anil said: (Sun, Apr 29, 2012 02:52:46 PM)

In my view every day the ethics are becoming importent and not passing fad. When we talk of business ethics, it refer to the actions taken for the purpose of making profit for business. If these actions do not affect the individual or society and morally OK business may be called as folloiwng the ethics. This is true that business means negotiation and during this process business has to portrait his product/service as the best value to the price offerred. So this should not be treated as not following ethics. However as the business are growing a system based organisation are very importent for better control. These control on system automatic keep an eye on business ethics.
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Simran said: (Sat, Apr 21, 2012 09:42:44 PM)

Business ethics is not just a passing fad but companies are now using it as a source of branding. CSR for firms is the need of the hour no company can truly last for long if it ignores ethics completely on its way to make money. The businesses have now understood this fact and are now trying to mould it to their advantage. They undertake CSR activities to be in the good books of their customers and the society as a whole.
Rate this: +10 -2

Shyam said: (Wed, Apr 11, 2012 08:36:04 PM)

I think we are off the track friends. We are not here to discuss effects of corruption in INDIA. Coming back to track. Ethics I define them as the fundamentals in business. Unfortunately we may be lacking them but it is on our part that we bide to them. There are many successful business people who are ethical and a philanthropist as well, for the young entrepreneurs, people like BILL GATES, WARREN BUFFETT stand an example. We may not be so. It remains in our part to be ethical. I suppose there are a few people who are ethical even today. So I don`t agree that ethics are just a passing fad. But they are hidden at times.
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Sondeep said: (Mon, Apr 9, 2012 07:47:11 PM)

Ethics refers to set of values that guide a person's actions towards the welfare of 'self', 'society' and the 'system'. No one can deny the fact the these terms form an integral part for any business activity. No doubt that profit was, is and will always a prime motive of 'running' businesses as it satisfies the 'self' to a large extent, but how well a business balances between contributing towards and satisfying these three terms is what determines how ethical or less-ethical or unethical a business is. Putting all this in the present day scenario, I would like to say that although ethical values are fading from society and businesses but ethical activities are not (at-least on the surface) this is because of the very vigilant media and the aware consumer in today's world. A business has to showcase its contribution towards the society to build 'GOOD'will among people and to sustain, this is the reason behind campaigns like 'save the tiger (aircel) ', 'creating happiness (vedanta) ' or 'support my school (coco cola-ndtv). So ethics are not completing fading away. But at the same time. Incidents like the 'satyam fiasco' would tell us dismal state of ethics in business today.
Rate this: +59 -1

Shivine said: (Sat, Apr 7, 2012 03:53:43 PM)

No body invest in business keeping in mind the code of ethics. Profit to say further profit at the cost of ethics is their prime goal. Even though ethics in business would earn a good name in the long run and fetch fruit in the long run no body mind it at all. They actually aim in short term goal and early catch at the cost of ethics. This is the order of the day.
Rate this: +4 -8

Priya said: (Tue, Apr 3, 2012 02:52:17 PM)

Business ethics are the moral values that are important for running a business. Ethics are fading in business. For eg. A newspapaer like times of India they ensure that they run their business for the welfare of people, but sometimes they provide information which is not useful to people but only maximizes their profit.
Rate this: +9 -1

Heena said: (Mon, Apr 2, 2012 03:00:31 PM)

Ethics are the set rules and norms set by the society. It is very essential for an organization to work ethically for sustainability. As said by some people that conflicts may arise because of the varied attitudes than it is the duty of management to embed the ethics in the organization culture so that every one follows it. If we see the case of Satyam, then we can conclude that Satyam failed because of the unethical attitude of its owners. As per the triple bottom line philosophy, it is mandatory for the organizations to be ethical for sustainable development.
Rate this: +6 -0

Sonu said: (Fri, Mar 23, 2012 04:38:13 PM)

It is rightly said that Business without ethics is as good as body without soul, therefore what I believe is ethics in business is not just a passing fad. When it comes to business ethic should be followed as it helps us build stronger foundation for our organisation on which we can rly for long term support. It also helps us earn goodwill among our customers and thus we would be able to last long in our industry and would a prove a valuable asset to the nation. People who follow ethical ways if fall, they have a 100% chance of getting back to platform because such kind of people are hardworking and they won't give up easily while people with unethical ways, if fall can never stand back as they had lost there reputation and had made enemies.
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Sunanda said: (Wed, Mar 14, 2012 04:16:33 PM)

Hi everybody, According to me ethics in business is as important as it is in everyone's life and so it is not just a passing fad. It is necessary to have strong ethics for a business to last long. A strong ethics helps in gaining the trust and confidence of customer which is the main source of a business to survive. Thus for me ethics in business is not just a passing fad.
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Ritu said: (Wed, Mar 14, 2012 03:27:42 PM)

"Ethics in Business are just a passing Fad". Well I would like to define "ETHICS and Business": Ethics is the moral values which tells about right and wrong paths whereas Business is a profession where we sale our qualities and grab attention of the people around us to serve them with our qualities. So in this process we help others by our qualities and in turn gains wealth in return. Business must have ethics to raise it to a certain standard where we can attract and fulfill needs of various clients but in today's scenario it is fading because we want more money on the price of anything this is just because of the thirst of money and possession we forget moral values and keep ethics aside ignoring it. There are various examples around us like newspaper, politicians, film-industry, they represent themselves as if they are working for the welfare of people but truth is that they want to be engrossed and earn money through publicity and all. The reason of this issue is that Money + ethics = Normal life whereas MONEY + NON-ETHICS = Luxurious life and we all want to live luxurious life.
Rate this: +73 -6

Tanutanu said: (Wed, Mar 14, 2012 10:52:06 AM)

I would like to put my two cents into it. •Ethics are about what is right and what is wrong. Ethics hold significance everywhere and not just in business. Honestly speaking, no comany can be 100% ethics compliant (as my other friends righly said) , but to some extent it must fulfill it ethical responsiblities if they need to win the customer's trust in the long run. For eg, after that chernobyl disaster, Dow Chemicals are looked down upon. Their sponsorship for london olymics is generating a lot of hue and cry. In sum, for long term success, an organisation cannot afford to comprmise on the ethical front but at the same time we as people need to accept that expecting these organisations to be 100 % ethically complaint will be too much.
Rate this: +8 -0

Gargee said: (Wed, Mar 14, 2012 12:34:30 AM)

Hello friends, As a student of business ethics I can clearly say that in today's scenario, following ethics in business is not onlt quintessential but also a moral requirement. Some say that ethics and morals are values that are culminated in our minds since our childhood and that cannot be taught to full grown money minded businessmen, but in my view, even though they are hard core businessmen and even though they have to earn profits, they are also responsible citizens who have to set example for the coming generations. I can state many examples related to business ethics, some time back, a food company introduced a baby milk powder and advocated that its a replacement of mother's milk, which is outdated. Nurses were paid to tell the parents about this and the parents agreed, without knowing that only mineral water could be mixed with it. As a consequence many babys got ill. The company continued this scam until gradually it was boycotted. Now tell me, is this correct on the part of the company to earn profitr even though it means jeopardising the lives of innocent baby? I guess no, so I can say thet business ethics are not a passing fad and are here to say for the betterment of teh society.
Rate this: +10 -1

Kumar052 said: (Sun, Mar 11, 2012 07:11:03 PM)

In today competitive world when everyone are going to become selfish in business then only the ethics is the thing which are making peoples to do the business fairly with competitors and customers. Also these is the thing that remembering every companies to there responsibility towards the society, because they are exist due to the society. So, they also have some role and responsibility toward them. Suppose any company is not following the ethics then they will not behaving well with there employees and not giving right salary. Then in result employee will also not like to work with that type of company or may be he will not work there task correctly given by company. Similarly if company not give good quality of product and at right price then in response they will not buy the product of that company. So, for every business for there existence the ethics is necessary.
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Tua said: (Wed, Mar 7, 2012 12:23:46 PM)

Hi, everyone to me also ethics is very important for a growing organisation. But can you tell me whether all the organisations which has gained fame and are successfully standing on the top did not practice any unethical way either by bribing or by not showing the real or the original profit statement to the world. Now a days, there are very rare companies or organisations which follow ethics. In today's world, people who are involved in corruption are worshiped rather than those who are walking on the straight path. Today, in every sector either you have to bribe or you have to use your resources to complete your work otherwise you have to stand in a long Que and there is no guarantee that your work will be done in time. So, to reach the top I do not think that following only ethics can be helpful. But, it is totally upon the public, if they stand together against such corruption then only this world can be free of such corruption, but till date if 10 persons stand against such corruption 15 persons are in favor of them. Thus it is very difficult to say that only following ethics can help any business or organisation to reach its ultimate goal. Thank you.
Rate this: +18 -1

Tom Thomas said: (Thu, Mar 1, 2012 02:05:23 PM)

I dont think that saying Ethics in business is not right. We ought to follow business norms while running a business.
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Harjot said: (Mon, Feb 27, 2012 04:18:15 PM)

It's a global fact that ethics helps us somewhere and somehow in our lives someday or the other and hence we can't deny the thing that ethics in business can't just be a passing fad.As told above by my friends that if a person or an organisation is in need to be on the 7th cloud in there business,they surely need to follow certain ethics so that their image in the society remains to a higher standards and hence does not decline.Apart from this ,as far as ethics are concerned in a country like India no business person or any organistion can follow their ethical talks totally and so they would have to choose another path of corruption either on small scale or large scale.So the conclusion where i reach is that "Ethics in business are not just passing fad" but if the situation demands it could be anything.
Rate this: +10 -4

Dennis said: (Sat, Feb 25, 2012 08:18:53 AM)

Ethics defines the set of values that influences a party in its actions. Practically, it maybe impossible for organizations to be 100% ethics compliant. But it is necessary to curb unethical practises like corruption, bribery, nepotism, discrimination, insider trading e. T. C. The importance of ethics lies in the necessity of having good public perception and gaining consumer trust and confidence. THe success of a business is not determined by its P&L or balance sheets. It lies in acts of goodwill which creates a good perception of the company's ethical standards. This is why The government is persuading companies to take up CSR initiatives and may soon make it mandatory for them to shell out 2% of revenues to CSR activities. COmpanies like VAdanta, TAta, WIPRO have been promotiong social activites and have been more successful in gaining public confidence that some of their competitors. Ethics can no longer be regarded as a passing fad, but it is what creates a difference between organizations.
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Radha said: (Fri, Feb 24, 2012 12:21:07 PM)

According to me ethics cannot be followed in India.Even though the companies are ethical,the government & mafia groups are making them unethical.For the political party funding's the companies are the most targeted.If they did not give any fund,the will be irritated by all the ways.For mafia also they need to feed up ,otherwise they cant run their business. Examples are 1.TATA TEA plant plantations in eastern part of India.company is bribing Maoists and running the business happily. 2.ESSAR aluminum plant in andhra prdesh.they were giving funds every month to naxals and generating huge profits. ethics should be followed in business while dealing with the normal and ordinary people and it cannot be followed while dealing with bada babus and govt. personal ethics are more important than business ethics.
Rate this: +23 -4

Nupur said: (Fri, Feb 24, 2012 12:57:44 AM)

According to me business and ethics cannot go hand in hand by this I don't want to say that companies are 100 % unethical but yes they are in unethical practices we only know the face of the company we don't know what is going inside it. The tata which is considered to be the most ethical company is also not very ethical although the case is not yet being proved lets take eg: reliance - we all know the cases of reliance. Nowadays company is fullfill CSR responsiblities some of the companies are collecting 0. 9 % of the monthly income of the employee in name of CSR and such funds should go in charity and NGOs but the companies are using it for their benefit.
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Ankit Setia said: (Wed, Feb 22, 2012 04:44:18 PM)

The statement holds no good in my opinion that ethics in business are just passing fad. When it comes to business, love or even war ethics should be followed, they provide the rock bottom on which we can rely a long term support. Scams are common in India, you take satyam or adarsh, the common thing in all these is that they were build on an unethical platform which didn't got any support at the fall. And there are also example of Tata which got full support from government when they were almost cash straped in corus deal, Tata's ethical background and trust bought them out of stiff situations.
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Jambu said: (Sun, Feb 19, 2012 05:35:59 PM)

Ethics is very important in business as well as in life. I think more over the people doing the things in an unethical way. Because they want to get benefit from the customers. This is the general business thing. But if we look some companies they are more gently faking the customers money. It is all gonna be so difficult stuff the people who all belonging theirs. Lets take a city there can be much companies like small scale and mnc companies are. Then what for the consultancy's are. These days these like only dominating others who all like good firms.
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Dipa said: (Thu, Feb 9, 2012 11:29:44 AM)

We all know that know one wants to be unethical at his business but todays circustances for unethical people have became a very difficult to work . The ethical person to make his business stable has to struggle a lot , its not that easy for a ethical person to get more profit as compared to unethical person . But if he has determination to fight out that ultimately his business will be one step ahead .
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Deepak said: (Wed, Feb 8, 2012 05:30:31 AM)

Business without ethics would be a body without soul. We all know that in today's world if one wants to do business in long run, one needs to earn goodwill. Goodwill comes with proper following of ethics. Although, there are incidents which violate ethics and make us feel that ethics are just a passing fad, however, that is just not the case. The reason why we buy products or do transactions with certain companies is because of the code that they follow e. G. Dell, Ebay, Eureka Forbes, etc. If we have a look on the business model they follow, we will find that they don't even own a single shop in a market place. Still, we trust them and out of that trust, consequently we do business with them. Had they not followed ethics, they would have been neglected and would have gone out of business. Also, It is important to understand that its ethics that gets us out of the difficult times in our lives. Ethics are those sets of principles which guides us. People who don't follow ethics in business have to pay sooner or later. Satyam, 2G scam, CWG scam are some of the examples. So, Ethics in business are not just a passing fad rather they are the integral part of the business.
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Nutan Das said: (Tue, Feb 7, 2012 07:54:00 PM)

Ethics is nothing but loyalty. Ethics is the best and only weapon for a long term relationship. Ethics brings a trust among customer. So ethics in business is most necessary. We should not be that much of conscious about ethics that company will be in loss and only customer will be benefited, in that way we are never a good business man. To be a good businessman profit in both side a ethics both are needed.
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Ezio said: (Mon, Feb 6, 2012 03:14:58 PM)

Ethics in business is different from ethics in life and every where in business we cannot able to follow ethics because of the because of some un helpful situation in business this can be known when enter in the business world so ethics in business is just a passing fad. When we follow ethics in life then it is possible to follow ethics in business.
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Anand Prashad said: (Fri, Feb 3, 2012 04:34:44 PM)

I agree with all views who is against the statement "Ethics in Business are just a passing Fad" Ethics is most needed for any organisation and enterprises.Ethics leads business towards success , in today's competitive business scenario Ethics cant be left out because ethics act leads in holding the customer for the long term and keeps loyal customer.
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Sourabh said: (Thu, Feb 2, 2012 11:24:06 PM)

I think I would out rightly disagree with the statement. I would place ethics much above any fad. I mean to me ethics is something that would remain the same always, they don't change. Ethics about running a business or personal ethics, whatever it be, have remained the same since start of the time. Even of there is any sort of deviation, I believe market forces, in terms of business and society, in terms of personal will automatically correct the unethicals and bring them on line. The various economic recessions that have taken in the world at various points in time is a perfect example for this.
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Akil said: (Thu, Feb 2, 2012 01:34:03 PM)

The topic being concerned with ethics, first lets look into the definition of ethics. Ethics is a set of moral values that each one follows and are those that influence his/her actions and decisions. Coming to the arena of business, ethics plays a main role in the relationship between you and your customer. Though business maybe aiming at profit, focusing only on profit without being ethical may not hold you in your customer's favour in the long run. At the same time focusing only on ethics and running into a loss is also not correct. Remaining true to the customer and doing the work in the right path will automatically lead to success and also help to survive in the competitive market of today. Lots of examples of scam and scandal can illustrate that being unethical will certainly yeild a negative result someday, making one lose all that earned in monetary ways as well as in terms of reputation.
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Ankit said: (Wed, Feb 1, 2012 10:32:30 AM)

Everyone has his/her views about ethics but what I think is that ethics is the root of relationship between costumer and the company. One should focus more on quality rather than focusing only on the quantity which has been a problem recently. Due to the increasing demands of customers ethics are being put aside n focus is being made on the quantity and more on money which is wrong. A customer wants best for him which when not satisfied creates big fuzz in the relationship of the customer with company. If more ethics are applied then they may take time and money but the bonding with customer increases by this to a great extent which is important.
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Surendar Kumar said: (Tue, Jan 31, 2012 01:08:37 PM)

Hi friends thanks for your suggestions, . I follow the ethics becasue I know the moral of ethics. Telling the suggestion is not important but following the morals in our life must. In your own life or organization for long term relationship with friends or customer have to follow strong ethics. It must starts from blood if you follows. Otherwise life or orgnization it will end in short term life.
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Saroj Sharma said: (Fri, Jan 27, 2012 09:36:45 PM)

I completely disagree. Its all about the ethics which decides the working style, aims, goal, work culture, work environment and ultimately success of any company. Strategic planning is also formulated on the basis of ethics of any company. Ethic is something deep rooted in the day to day work culture and long term objective. Ethics are made by top level management and are applicable to each and every employee of the company. So I think is the soul of any company for its living.
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Khushi said: (Fri, Jan 27, 2012 12:22:07 AM)

In an organization ethics are passed from the top level management people. If people sitting at top are ethical, every employee will follow them and same will be reflected to the customers. So its stay with you if your organization culture is such and if not then off-course its a passing fad.
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Delson said: (Mon, Jan 16, 2012 06:48:22 PM)

Business ethics are very essential in the smooth flow of every business. We must provide importance to our customers and keep them as the king of business. So provide good quality products to them is very important. Otherwise any business firm can not exist. All business firms need to keep some ethics not only to customers but also to the environment, society, employees, etc.
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Karuna said: (Fri, Jan 13, 2012 11:49:11 AM)

Well, The main motive of buisness is earning profit. Ethical term sounds bizzare in buisness. But to maintain long term relationship with customers, it is necessary to be true to your customers which will be helpful in providing excellent growth to your buisness.
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Sri said: (Wed, Jan 11, 2012 08:39:12 PM)

Yes the most important thing in the business is ethics. ya better results might come in the short term. but for an effective long term results must be followed within the organisation as well as each and every individuals.
Rate this: +3 -0

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