Ethics in Business are just a Passing Fad

Hi, friends.

I believe that ethic plays important role in business. Business is the relationship between customer and company. We know very well the what is the definition of healthy relationship. Same thing with business. Customer trust you that's why they have attached with your company. You earn more money once the time whenever you cheat with your customer but if you want to earn for lifetime of business. Ethics should be in your business.

I think ethics in business are just passing fad when the particular business became popular that time they uses the trust of customer increases rate of there product and sometimes there service to the customer is not good. This happen because they are not following there business rules and ethics. They know customer always attracted by the brand name so first develop the good brand name after that no need to follow business rule.

According to me, Ethics in business is important, because as it is said whats goes around comes around.

Not only business everything in life should be in ethical manner. If anyone wants to grow he should follow a positive ethics. Every famous person or brand is famous for its ethical values followed. To increase a business one should definitely follow an ethics.

For example-the people always follow a brand not an ordinary person or thing. Most of the follow will like to follow Mr.Amitabh Bachchan and Mr.Sachin Tendulkar like person for their positive ethics. A person always wants to join in a branded company rather than a normal company because it follows some ethics so that one knows what will he earn after joining.

Hello Everyone:

I don't agree with this. For any business to be successful in long run, people on either side of the dealing should be profited in a fair manner. Without this nothing can stand long, this is the law of nature.

So, if in a company business ethics are overruled, maybe it might profit the company at present but in long run it would render devastating.

Hence I strongly oppose the jargon " business ethics are just a passing fad.

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.

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.

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.

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.

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.