Ethics in Business are just a Passing Fad

Hi everyone, my view on this topic is that by following ethics in business are just foolishness. People who believe in equality, and by following only certain methods cannot achieve what he strives for.

Business ethics is important to every organization for creating a good image of society.

According to me, Ethics in business is important, because as it is said whats goes around comes around.

As from my point of view, if a company wants to be in the market for a long time or flourish in their business then they must have to follow the ethics related to business. I want to justify my point with an example a few months ago everyone has heard about a phone called freedom 251 Mr Modi ji make in India initiative but you all know that what happened to that company and their product F251. They have made promises in which they got so much costumer and demand but at last what they promised they are not able to deliver. So for a business what they promise is part of ethics if they can't they can't survive in the market.

Ethics in a business determines its internal control and seriousness of a business towards their customer. Every customer will prefer an ethical organization to deal with. Every organization is looking forward to showing themselves as an ethical one. After so many scams in India, it has become a trend to show that every organization is ethical. Ethics will lead in achieving organization's long-term objective. So I will say that ethics are not just a passing fad instead it's a standard for comparison.

Hi, this discussion is going well, but my pint of view, I do not agree with this statement that passing fads and all. Every business starts from a small status or small scale, to make that business large or stable be had to maintain our customer. Because there are already many businesses running in the market like you are starting. And they have already their customer. So to make a profit and provide stability in the market be had to maintain our customer and follow ethics towards his customer to maintain regular customer.

News of corporate espionage by giant conglomerates and some prominent examples in recent past like Enron, Kingfisher airlines creates doubt in mind of people that whether concept like 'Business Ethics' exist or it is the only useless study subject taught in B schools to managers having no practical application. Ethics in business depends on the values that organization stand for. We must also look at in this fierce competitive environment there are organizations which are known for there core values .

Ethics in business are not just a passing fad. This is the age of competition and not monopoly. The customers are having many options in the market, so it is important that firms maintain their regular customers. To maintain these customers ethics are very important, be it social, cultural, or any other. Customers are a media of advertisement also, they will recommend their friends and relatives about the firms. A business without ethics is simply a losing concern.

Hello,

I believe that ethics are very important for the growth of a business. Those who follow get success and sustainable in the market and those who won't; might get profit for a certain period of time but I assure that they can't grow for a long run. Ethics can never be a passing fad it will be the soul and root of the business by which how many problems can come but if the root is strong so no any disaster can affect it.

We all know that business gets profits only through his customers so if you won't serve them quality than how can you expect that it can help to grow your business. It won't work for large scale business and also not for a small scale business.

To clear my point I'm putting an example I.E if you go for a tea stall and you won't find tea good then what you will do? You will pay for the first time for the tea but you'll never give the chance to that tea staller or attender and also you'll stop your friend to avoid drinking tea at that point and explain the whole which you experienced and one or the another day that tea staller is in loss as because he not only loose one customer but also many by the bad experience of a one customer. So what happen is if you are not providing quality and not following ethics while building up your business and also not continuing it you'll never gain profit.

I hope that could be helpful to understand that ethics are just like an asset of any business.

Thank you.

I think ethics is a relative term. Definition of ethics changes from person to person. If you want to succeed in business you will have to smart business. A famous marketing person once said "we have to come up with great products and project it to be a greater product to our consumers"; well he did compromise on ethics for some people. But at the end of the day, such a person did make the profit and acquire a rep.