Ethics in Business are just a Passing Fad

India is a competitive world and every one has to compete for their survival. As competition is increasing companies strive to be ethical.

1. Business today runs on basis of faith by clients and employee following the trust business runs smoothly on both the parties.

2. Earning profits in short run by going against company rules and values may give temporary growth but then without values no clients can trust you on your deals.

Therefore business ethics should be followed.

Ethics according to me is the key for every company to stay alive and run the race in the long run. A company which follows ethics will have a satisfied consumer base and will try to live up to their expectations which in the process benefits the company as they have to value their moral values and hence the employees in the company will be satisfied too.

Hence in my opinion a company must look for profits but must also have some ethical values which will help the company to stay alive in the long run.

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.

Hello friends, the ethics in regard with business are as necessary as 'flow' for water to maintain its purity until the water is not pure no one will like to drink also no one will like to use it. So ethics in business are to necessary to maintain its efficient working like we ourselves don't buy a product which does not specify our needs with good quality. And in business to maintain quality is to follow the ethics otherwise it will cause a waste of time with no money and satisfaction.

Hi Friends.

There was a time when business corporations only used to think about making profits. Profit used to be the sole driver of business.

But back then companies were also few and so the consumers had lesser options.

However at present the number of companies in any sector have increased remarkably which also increased the competition. And so every company tries to project itself as the most socially aware, as the most righteous, as the best employer and one which provide best facilities to its employees to attract more consumers and talented people to work in their firm. These social and ethical responsibilities undertaken by firms so as their increase their economic viability is called 'Business Ethics'.

With the ever increasing number of companies, increasing competition and increasing globalization it is becoming very important for the firms to incorporate and follow business ethics so as to create a good image in the mind of the consumers and their employees, otherwise their employees and consumers both can desert them for other better options.

So Business Ethics is not a passing fad rather in future it is going to be the chief driving force behind businesses.

Ya, it is true in far extend. In today corporate culture the only things which matter most is Profit at any cost. To make more profit companies are just ignoring the ethical value which is really needed in the corporate world.

In today scenario, companies are not even bother about the ethical values because they have the feeling that you can't make enough money though the way of ethics. They are busy in making money and continuously avoiding the importance of ethical value. This is not a bad idea to make profit but to ignore the ethics is not fair.

Hi friends.

Business means profit. But what is the meaning of profit that depend on the businessman. For the short term we can take money as a profit but in the long run we must strong fundamentals of business. Company's reputation, working environment in company resell value of products, acceptability of product all matters a lot and for sure for that you have to bind with ethical values.

We can see it in another way that in practical life it is hard to apply. When anybody starts a business he/she always try to make more money and that is the main requirement of company because the expansion of company depend on it but try to avoid those things which is strongly against your ethics.

A little bit fakes is allowed in this era of changing business world very fast but also try to maintain fundamental values of the company.

Hello everyone,

In my view ethics is an essential part for every business organisation, for the survival every business entity must serve the society in a healthy way by contributing towards CORPORATE SOCIAL RESPONSIBILITY. It is the duty of every business house to deal with the issues prevailing in the society and must try to deliver their best by way of creating employment opportunities, spreading equality, brotherhood, environment awareness etc. Practically speaking, no business house can survive without considering the welfare of society and its customers. Ethics in business should be dealt with more sincerity and dedication, it should be taken as their one of the major objective other than profit making, than only the growth can be observed in both the areas of concern i.e. society and business.

Thank you.

Hello friends.

According to my point of view ethics are not a passing fad it plays a very important role for the organizations. I think than the word ethics means that "neeti" it means that a way for get a profit for the organizations. If I take an example like cricket match before the playing matches both teams are make their ethics for how to achieve the goal how to stop the players for making a big score. Same idea used in business sector. If the organizations not have own ethics I think they are not achieve a big goal. So ethics are not passing fad.

Hello friends.

Today I am going to present my view on the given "BUSINESS AND ETHICS ARE FAD'.

Well if you wish to know my view on this, I would rather say yes ethics and business are two face of a coin. In business ethics is maintained since it is this quality that makes a business prosper. Name any company and you will see that both business and ethics are joined hand in hand. It is this ethic that create a bonding of trust and affection towards any organization with an employee. Any business where there is no ethics then that business will be ruined.