Ethics in Business are just a Passing Fad

"Ethics in Business are just a passing Fad". Oh you kidding! Its not just a FAD. Rather it is something that is going to make its place in majority of the companies as the time comes.

Agreed, businesses are run for the sole motive for making profit, but in this cut throat competitive market, where each and every organization is striving to get the tag of No. 1, organizations will have no choice but to keep their functioning going in an ethical manner. Because, they knew, it take pains to build a good rapport but a small incident to nullify the gains. So, what I believe is, time will certainly come when the organizations will adhere to the norms and regulations that they have set for themselves. Finally, to conclude, I would like to reiterate that Ethics would play a crucial role in each and every organization in the near future.

Ethics is something which should be maintained by an organization in order to generate goodwill which will eventually increase the sales as well as profit. Organization like asian paints, nestle always value ethics and as such they have become one of the most profitable by winning the hearts of common man.

Society today is not only concerned of the product and its quality, it also sees the way organization paved its path towards positioning. One of the most common example of an ethical company is Mc.Donalds, which conduct its business operation by maintaining its standards through fairness, honesty and integrity.

According to my mind, ethics in business is very essential thing to survive in the market. We know that we live in competitive world and in this competitive world if I want to grow my business at the large extent we have to careful about the the relationship with consumer, otherwise our business will collapse and our competitor get a chance to grow in the market. Hence we (company) can say that our motto is to satisfy costumer at any cost. Thank you.

Hello everyone,

According to me, the main objective of any business is to gain max profit. Its true.

Thus nowadays people want to gain more profit by any method or by hook and crook.

But they forget that work is worship. Soon or after every thing will get open and there business will start declining.

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.

If business wants to prosper then it has to follow certain ethics. Without ethics, suppose business is making false claims and selling there products, they might make profit for short run but the company will never flourish. I don want to elaborate but would like to cite a few examples. Let us take CAR companies like BUGATTI, LAMBORGHINI, FERRARI, PAGANI. They have there business ethics and they are still ruling, if they had think about profit then they could have produced tonnes of such cars. What they want is to produce quality. They follow ethics, they produce certain editions and we can see they are ruling and will keep on ruling.

According to me, ethics in business plays a vital role as we considered that customer satisfaction is the first priority for every business so if we follow some ethics in our business so customer will emotionally attach towards the business as far as I know that if there is some ethical things were involved more people are going to attract with the business ethics not only hear concern of only religious and beliefs but it also talks that business person will never try to make fool the customer always provide a right quality and quantity of product and services what ever they are offering.

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.

I agree with the statement that "ethics in business are just a passing fad" nowadays most of the companies are following their ethics at the early stage of their organization. Once they achieved their target, they will follow the ethics that makes their business in a profitable way, they won't think about their customers, example networking companies and educational institutes. In educational institute they will be asking donations to give admissions in their respective institute. This kind of actions is not a good ethics for any business.

Ethics means Moral principles that governs by any person or group's behavior. Business ethics is very essential for the smooth conduct of any business. Ethics in every Business needs to emphasize on the various circles such as customers, employees, environment, societies, etc (by means of providing good quality of products, Eco friendly products and considering the moral values of the society) to survive in an ever-changing competitive business world. So according to me ethics in business can never be a passing fad. A good ethics will give Triumphant to the business.