Ethics in Business are just a Passing Fad

Its true that Ethics in businesses are just a passing fad. Earlier when population was less the market was 'customer-oriented'. Businesses catered to the needs and wishes of the customers. But with enormous rise in population, the scenario has changed altogether.

Leaving out few sectors many have put profit before ethics. Even worse some have taken ethics out of the equation. They produce/serve as they wish. And there are customers ready to buy/take it. That is because of craze. Businesses take this to their advantage and are exploiting us. Though they may appear ethical to the regulatory authority the real picture is different. We used to choose between good and better. Now its between bad & worse.

Yes, It's true that ethics are fading out in todays modern business trends.

Every company starts its business with some motive, some to gain huge amount of profits which obviously vanish out of customers mind (but they will gain initial profits and motive fulfilled. We can't expect ethics form these companies and remaining are the one which try to maintain a long term relation with customers and sustain forever in the peoples mind.

The problem is with these kind of companies, when they fall behind in race, they obviously compromise with ethics and values first and if they gain profits, then they never ever think upon picking up this ETHICS term again. The worst part is, other companies which are running out of their profits take this as example and they decrease their values. This happens day by day and is spreading rapidly these days. I think this is the reason for degradation of ethical values in today's business world.

Hi Friends, According to me Ethics in business are passing not the passing fad. A small businessman with their ethics can survive and make big business but on the other hand a big businessman with no ethics will lose their value with passage of time. Ethics not only important for only business man its value is for everyone. If a person will fail in business but if he has ethics he will get back to their platform with same strength. In short Business without ethics is as good as body without soul.

Ethics and business are two faces of the same coin, you have to take your call in this perspective. In my opinion ethics and business should go hand in hand as it will create faith and belief in the company.

For example TATA group which has a brand image it is all due to the work and ethics which they have followed in their business.

Business along with ethics will be favourable for the company as whole as it creates a sense of trust and bond.

Ethics in business are not at all a passing fad and for sure will never be in future even. Business is all about making profits by satisfying customers needs. By being unethical a businessman can befool customers only for once or twice but not always. So it may seem profitable. But it has very short span. So. For a sustainable and growing business. One must be loyal to customers. By being ethical is a safe side for one to prosper his businessman.

Ethics in business is very important for the growth of organization. Ethics is a set of moral principles on which an organization runs. Set of values attached to organization always performs well many successful companies abide there moral values in fact they have high position to respect.

But when these are not followed then comes the problems like corruption, wrongdoings, illegal works etc. Now a days many of the organizations don't abide the ethics because to reach the heights with in short period of time.

I can say that ethics is not only the success part of organization but it is part of it. Which prefers well being.

Hi Guys,

How we can say that manners are just passing fad in the business whereas we know very well that without manners we can not achieve even a thing in our business. Ethics is the base of any business even if you are trying to cheat someone to make some more profit so for that also there is need of that kind of manners because both situations having its own manners whether it is wrong or write. But good manners always play a long relationship with the customers through which we earn a lot in our business.

When we abide in beautiful management so we always try to play a very handsome role with the people because people are nothing but assets for any organisation. Those companies always get handsome profit which always invests into people with the help of their better manners. Because a better scale of manners always teaches us that how to deal with the people to complete the particular task.

We know that companies are able to run because of handsome profit and that's why most companies try to cheat the people for making more and more profit but as per my experience companies are able to earn better profit to show its better manners towards honest way because "honesty is the best policy" where all people feel free to do their best performance before the people and with the people at a place.

Ethics always tries to emerge positive energy from ourselves for the others between the meeting through which are able to perform better because a healthy environment is that which is being accepted by all people at the place. So overall, I would say that the ethics is very important to use in the business to grow forever.

Thanks.

Good morning to everyone.

I am pleasure to start this group discussion.

First I want to say that ethics is one of the important factor which is to be followed by company forever to develop it.

Every company has its own ethics and it should be followed. An ethical person know how to deal with critical situation.

Thank you.

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.

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.