Ethics in Business are just a Passing Fad

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Discussion:
106 comments Page 7 of 11.

Kavitha said:   9 years ago
The rules that come on the basis of ethics is not a fad for many companies. In the long run, it is trust that the company earns that matters the most. For example, the TATA group which has existed for more than 100 years. They have earned the name as a trusted brand. The completed the Nano project for benefit of common man even though they were making losses. Also, a place where ethics matter is a joyful place to work at. Tata group has gone to the extent of changing their heads in management when they tried to compromise on their philanthropy activities. Many companies take ethics very seriously.
(9)

Umi said:   1 decade ago
I completely disagree with this that Ethics in Business are just a Passing Fad, simply because in today's world every business firm understands the importance of ethics in Business. Companies are spending loads of money to get the best available managers in there companies, and I am pretty sure they know the rules of business. To have a successful business you must Follow the Ethics, moral Values, Set of rule.
(8)

VJ's said:   9 years ago
Yes, business ethics is required as it is a prima facia of a company in a long run. Not only in
business but in every segment of life inclusion of ethics leads to success eg: Sports, Relations.

As far as business is considered in a long run befooling users long time is hardly possible. As after a span of time customer identifies a name by its image in the market which is hardly possible without ethics.
(8)

Shrikrishna Padalkar said:   9 years ago
I feel that yes it's true to some extent. There is a common attitude of "Chalta Hai" (Hindi) in most of the firms. One of the reasons of succumbing to unethical practices is the lack of will-power from the employee's side and the pressure imparted to complete the task within a certain deadline from the Manager's side.

So, I think both the Management and the employees should Synergize keeping in mind ethics at the core of performing any task.

If you don't resort to unethical practices your skills as well as happiness level rises. So, ethics should not be compromised at any cost.
(8)

Dinu said:   9 years ago
Before actually getting into point lets start with ETHICS. It is a moral value. In view of this, I believe business ethics is nothing but providing the customer's satisfaction which is very difficult to achieve. I believe companies look to pay back for the money if not in complete satisfaction but to partial fulfillment of customer wish or desire. Business is not a short-term goal of any person so companies stick to their morals not only to customers but to an environment by cleaning the surroundings as many MNCs and Indian companies do. I strongly believe ethics in business (long run) are not passing fad.
(8)

Anupama M P said:   1 decade ago
Hello,

See what ethics do we all are talking about? Business means to compete if, it means to run in battle field if you run you will survive else you will loose. There is no ethics in business, yes there are some basic rules which one needs to follow other than that business is meant to say to just grab opportunities and work hard as much as you can and win, and achieve before anyone can.
(7)

Parveen said:   1 decade ago
In my view ethics are the base for any organisation if it believe in long term business. Today, in cut throat era everyone want faith and valuable things whether they are employee, customer and government So its depend upon company to company, how longer sustainability they want. Its as simple as give trust and take trust.
(7)

Vipul said:   1 decade ago
In my opinion I want to SAY that ethics in business is compulsory in this young generation, because the todays generation believe in ethics. Nowadays a businessman also follows a ethics to increase his business. Nowadays a individual person also follows a ethics for rising in his life. So it is fix that ethics in business is compulsory.
(7)

Swapna said:   1 decade ago
Hello friends.

As a common man one should say ethics are more important for companies or any business organisation growth. But having ethics we don't say we should reach top level. Even Though trust and ethics of a company plays a prominent role in customers view. We don't get on this competitive world. Our ethics should not encourage bad and don't spoil our company future and present. Than only our company will be satisfied all our customers.
(7)

Ananth said:   1 decade ago
I also thing that ethics is more important to an organization. Business may run in profit or loss but they should fallow ethics and values. If we fallow that it will create a goodwill to our company and that will increase our product usage broadly. Profit or loss which may change day by day. Ethics and value will make benefits gradually. So I conclude that ethics and value is more important to every organization.
(7)


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