Ethics in Business are just a Passing Fad

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.

Ethics in business must not be a passing fad because by ethical values only the products can reach the consumers. Ethical values includes replacement of defective products, providing some good offers, not too much of profit, providing necessary services providing warranty etc. , If the company is practicing non ethical values it can survive only for a short span of time. The main goal of any company is to survive for a long period. Only by surviving long term it can achieve public confidence for the product. If it achieves public confidence then it thrives in profit and sales maximization.

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.

Ethics is not just a passing fad, every organization should have choice of right and wrong way of idea. Without ethics there is no value of populare or big company, for big branded company ethics should be there. For example my friend his name Prabhat ranjan his not having any ethics or any idea to do the work, he always give the suggestion to another boys how to do, what to do.

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.

Yes ethics and business are fad but if the people for use to our family business before 5 year ago but now everyone can find the job then he/she will be take experience before, after that he/ she will be open a business for on contribute the capital start the business as well as she/ he working on job.

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.

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 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.

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.