Ethics in Business are just a Passing Fad

The rules that come on the basis of ethics is not a fad for many companies. In the long run, it is trust that the company earns that matters the most. For example, the TATA group which has existed for more than 100 years. They have earned the name as a trusted brand. The completed the Nano project for benefit of common man even though they were making losses. Also, a place where ethics matter is a joyful place to work at. Tata group has gone to the extent of changing their heads in management when they tried to compromise on their philanthropy activities. Many companies take ethics very seriously.

I feel that yes it's true to some extent. There is a common attitude of "Chalta Hai" (Hindi) in most of the firms. One of the reasons of succumbing to unethical practices is the lack of will-power from the employee's side and the pressure imparted to complete the task within a certain deadline from the Manager's side.

So, I think both the Management and the employees should Synergize keeping in mind ethics at the core of performing any task.

If you don't resort to unethical practices your skills as well as happiness level rises. So, ethics should not be compromised at any cost.

According to me, ethics in business should be a passing fade.

Ethics relates to a person's moral value. Coming to the business it is, how much you are true to your work and to your customers who chose you. Ethics in business is you don't only see your profit by cheating on your customers but also doing a full justification to them and with their demands. So, therefore ethics in this place is very important, because it will be your ethics that will attach a large group of customers with you and it will make a huge success.

Using false practices in your business, you can make a huge profit in your business, but it will be only for a short spam and not for a long time.

If you do full justice with your job as well as with your customers and work with your proper ethics, maybe the profit at that time would be little low, but it will help you in your upcoming future. Customers will bound to you for lifetime seeing your hard work. They will appreciate that you not only thought about your earnings but also valued them. As a result, your business will make a huge success, as customer satisfaction is the important rule in the business world.

Moreover, it will give you inner peace and will make you love your work.

As we are from Indian background so everyone thought of his reputation on behalf or moral values which we are calling ethics so if we make a trustworthy relation with customer then we can achieve what we want.

As everyone knows ethics are the moral principles that govern a person's actions.

In business, this is the most necessary thing as the base of business is ethics. But know a day it is just a passing fade. Every firm is busy in making profits. They have forgotten about their ethics to treat customers as God, to respect every customer. The main ethics they are forgetting is they are using society resources so they have their responsibility towards society. So know youth, the future of India has to take the step to spread awareness and have to protect our ethics.

Hello friends,

Every business is initiated on its own principle. These companies work on these ethics and bound with these ethics morally. But in the present days where profit is more important than ethics these company vitiating its own principle. Like many companies bound to do not harm the environment or forest but they do only sake of profit and spread its business. For example, many oil company excessively harness oil from the earth, for what? answer. Is more production and more profit. But there is also a few company which insists on their ideology and ethics. But most of the company are only profit centered company and consider ethics less in comparison to profit or production.

Before actually getting into point lets start with ETHICS. It is a moral value. In view of this, I believe business ethics is nothing but providing the customer's satisfaction which is very difficult to achieve. I believe companies look to pay back for the money if not in complete satisfaction but to partial fulfillment of customer wish or desire. Business is not a short-term goal of any person so companies stick to their morals not only to customers but to an environment by cleaning the surroundings as many MNCs and Indian companies do. I strongly believe ethics in business (long run) are not passing fad.

Yes, since the inception of CSR a lot of company showing what they do for the society. They want to be in a limelight so they gain people's sympathy which would help them to show them in a better light and thus gain the emotional psychology over the people.

Ethics in business is not a norms rather a challenge. It encompasses broader aspects like abiding all norms and regulations laid down by government. Further customer satisfaction, redressal of their grievance, allocation of CSRI fund and it's rational spending are also important. Protecting environment and providing jobs ton local people are essential element of business ethics. Rehabilitation process with proper compensation are equally essential element of business ethics.

Hi.

I believe ethics in business can never be a passing fad.

Ethics are very important for the growth of business. Ethics relate to a person's moral value.

By using false practices a businessman can earn huge profits but only for a short span of time. Business is all about customer satisfaction, fulfilling their demands. Then only customers will appreciate the hard work and stay loyal to the organization. In this cutthroat competition of the business world, one cannot afford to lose valuable customers.

So by ethical practices, only an organization can earn trust and money in the long run.

Thank you.