Ethics in Business are just a Passing Fad

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Discussion:
106 comments Page 6 of 11.

Vasanti said:   1 decade ago
In my opinion ethics in business ate very important its like body without shoal. For doing business profit is must be important but it obtained in only ethical manner. I know that it very difficult to obtain more profit in less time but not impossible.

When the customary believe on your company product then trust is developed between company and customer with the help of this trust your company may will be in top level. When you able to reach that top level then no one can fall you this is happen when you go in ethical manner.
(6)

Jalaj said:   9 years ago
Hi, this discussion is going well, but my pint of view, I do not agree with this statement that passing fads and all. Every business starts from a small status or small scale, to make that business large or stable be had to maintain our customer. Because there are already many businesses running in the market like you are starting. And they have already their customer. So to make a profit and provide stability in the market be had to maintain our customer and follow ethics towards his customer to maintain regular customer.
(4)

Chengappa M said:   1 decade ago
Ethics in business is never a passing fad. Ethics is important in our life and in business. Ethics brings about a definite goal in the employer and the employee. It helps unite the goal of employees and it helps in steady growth of the organization.

I believe the in life or in business we should have strong positive ethics which should be strictly followed to bring about system and order in whatever we plan to do.

The ethics of the business should be realistic and sustainable. It should be fair and equal for everyone.
(6)

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)

Amit solanki said:   10 years ago
Hi friend.

According to me if we want to run business for long term process than we should to apply ethics in business because every business men want to earn maximize profit with goodwill. And there are many company running good business like Infosys, Wipro, Reliance etc.

All these company are earn maximize profit and it doesn't matter this apply only for long term business, we can apply short term business and we should do every work in such good manner because if we don't like that than we call business man.
(7)

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)

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)

Biswajit said:   1 decade ago
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.
(6)

Ani said:   1 decade ago
Hi everyone,

Let me say something about this topic. Here it is all about that the ethics are not valid in the business. Generally principles are very important in business life. If one follows ethics in their field, he will definitely achieve success only. He don't want to get fear of any things.

In addition to, following the rules will bring honor to a man. This is the same even in business point of view. So it should not be passing fad in business. Every business should have some ethics to follow.
(3)

Vidyesh said:   9 years ago
News of corporate espionage by giant conglomerates and some prominent examples in recent past like Enron, Kingfisher airlines creates doubt in mind of people that whether concept like 'Business Ethics' exist or it is the only useless study subject taught in B schools to managers having no practical application. Ethics in business depends on the values that organization stand for. We must also look at in this fierce competitive environment there are organizations which are known for there core values .
(4)


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