Ethics in Business are just a Passing Fad

Hi Everyone,

I would like to contribute to the healthy discussion.

From my P.O.V, I agree with the statement "Ethics are just the passing fads".

In current scenario where business is a global challenge and the market is at the pinnacle of competition.

It's not true that every business avoids the ethical values as there are traditional business's which own their flagship by maintaining a never ending relationship with their distributor, patrons, clients and partners by achieving their confidence and faith through high moral values.

At present, New business's entering the market with their primary motto to earn high profits at a short span of time which leads them to practice unlawful and deceitful activities to grab customers.

I conclude that a business can own a goodwill by abiding with the ethics designed and practiced by all organization staff.

Hi friend.

According to me if we want to run business for long term process than we should to apply ethics in business because every business men want to earn maximize profit with goodwill. And there are many company running good business like Infosys, Wipro, Reliance etc.

All these company are earn maximize profit and it doesn't matter this apply only for long term business, we can apply short term business and we should do every work in such good manner because if we don't like that than we call business man.

In my opinion I like to express that business must be in ethical way it must not be for short period. If business is people of ethics it is great advantages for business it enhances their reputation of organisation and it build the loyalty between customer, supplier as well as shareholder.

I like to conclude by saying that ethics is not new thing in the business field it is since vedic period all business organisation must implement the view of ethics.

Hello friends. I would like to start by saying that today the monopoly system had vanished to a great extent. In order to survive in the market for a long run it is very important for an organization to build up a good repo & to continue with it.

I agree there is a requirement to earn maximum profits as early as possible but we cannot deny the fact that business works on ethics & good relationships between customer & manufacturer or service provider. So it is beneficial for an organization to acquire the name, the goodwill in order to survive on long run.

Well I would like to join into this healthy discussion. People now a days expect quality product and finally they end up getting cheated by quantity. Being ethical always cannot suit for one's business people who argue for ethics, themselves aren't ethical in business. They just keep their own ethics in words but in their actions.

Whatever the case maybe, being 100% ethical cannot turn you profit and being 100% unethical will not make you reliable in the market. There are some instances where you have to be ethical as well as unethical in order to get a good turn over. There should be a mixture both stuffs each people has their ethics on their own.

So choose the best way at the best situation in a business comprising of groups, there may arise problems between them because of different ethics among different minds. So in that case being unethical can bring the dispute between them to an end. So have a mixture of both, and taste profit to the core.

Thank you.

In my opinion ethics in business ate very important its like body without shoal. For doing business profit is must be important but it obtained in only ethical manner. I know that it very difficult to obtain more profit in less time but not impossible.

When the customary believe on your company product then trust is developed between company and customer with the help of this trust your company may will be in top level. When you able to reach that top level then no one can fall you this is happen when you go in ethical manner.

As businesses flourish, they try to project a squeaky clean image and so make use of ethics. Once the business is hit, they would definitely discard ethics and take advantage of non-ethical means.

When I look at the world today, we need each other and its through this enables one to follow other peoples example so as to achieve the best therefore one needs to be ethical and value other peoples efforts and work.

Hi friends.

We all have heard success can be achieved by anyone but to keep us there we should have strong character. Same thing applies in business. Any business totally depends upon customer, there are the king of market and its necessary to every businessman to make there loyal customers.

Hence for this we need ethics to be part of business. Its ethics which will keep your success forever. The faith of your customer in you brings name, fame and the most imp. Profit which is the agenda of each business.

Hi Everyone, I am Umesh and I would like to add something to this ongoing discussion.

As per my point of view ethics is the utmost important thing for the survival of the business, because it is the credit that will earn profit for a longer period for any company, it is the quality that provides major revenue to the company.

In today's world in India only so many generic drug manufacturers produce drugs, but still people believe in the standard company, why because they maintain their ethics for all thing, like efficacy, patient compliance.

Same in the IT sector, people are paying too much money for APPLE Iphone, why?

In nutshell I would like to say that ethics generate more revenue for company by creating a good brand image of company in the mindset of customer, so its not passing fad but vital thing for any business.

Thank you.