Ethics in Business are just a Passing Fad

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Discussion:
106 comments Page 4 of 11.

Uday said:   1 decade ago
Business across the globe are compromising with ethics either to increase their sales or to gain business. The unethical practices like misleading advertisements, the asterisk sign denoting conditions apply, reducing the size of product, etc are also no use as strategic tool. The companies have to realize that this practices can give them some term benefits but in the long run they cannot make it big. Cheating the customers leave them with bitter experiences and the customer becomes hesitant to buy the product again.
(21)

Poonam said:   1 decade ago
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.
(20)

Chitrangada said:   1 decade ago
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.
(18)

Dictator said:   9 years ago
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.
(18)

Fathima said:   1 decade ago
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.
(17)

Bir said:   1 decade ago
No one can have any business without customers and if we want that we should be successful in our business we should respect and must satisfy the customers. So there must b some ethics and principles which a company should follow to survive in the market. If there are no rules in the company, the company will take no time to shutdown.

The employees should also work properly for the development of the business, because company is nothing just a group of individuals, so if employees work with full dedication And hard work the company will reach to the top.
(17)

Shefali said:   10 years ago
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.
(17)

Anamika said:   8 years ago
No, Ethics in Business can never be a passing Fad. Ethics are the basics of a business. If a business wants to go long and earn more goodwill it will have to work on its ethics. Without ethics, if a business tries to earn more profit it will remain only for a short span of the time, Because all consumer needs a quality, loyalty and integrity from any business. He will be a long consumer only when you meet their expectations. So I would like to say, ethics are very important for any business.
(17)

Suhaani said:   1 decade ago
Yes, I truly believe on this that ethics in business are just a passing fad. Now a days every business man is conscious only about his profit never he thinks about the way he makes it. Earlier people use to concern about each other but now they are concerned about themselves only. They use advertisement for this and say anything about their product which is hard to believe but still they use it and people go to those products. So, now ethics have gone. Businessmen want to make profit by hook or by crook!
(16)

Stephen said:   10 years ago
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.
(16)


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