Ethics in Business are just a Passing Fad

Ethics means follow the rules and regulation and ethics is very essential in the all field like personal life, business and society. We can discuss the one example of ethics in business is TATA company. TATA company always do the work for their employee welfare and this company earn more and more profit and fame in the market.

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.

Hi friends.

In my point of view ethics in business environment is not a passing fad. A company must follows some ethical principles for the well development of company. A company that follows ethics have good name in the market.

A company must satisfy both customer and employee's. A satisfied employee will work hard for company and a satisfied customer will buy the products again and again. All these can happen only if the company has ethics.

Thank you.

Ethics means Moral principles that governs by any person or group's behavior. Business ethics is very essential for the smooth conduct of any business. Ethics in every Business needs to emphasize on the various circles such as customers, employees, environment, societies, etc (by means of providing good quality of products, Eco friendly products and considering the moral values of the society) to survive in an ever-changing competitive business world. So according to me ethics in business can never be a passing fad. A good ethics will give Triumphant to the business.

Most companies will follow the ethical principal ed down by the society. Most companies run basically on their reputation in the mind of a consumer and investors. But what would be ethical is never defined It changes with every era. Something ethical in medieval India would be unethical to us now. So if the nature of ethics changes always so how do we define what is ethical or not.

Every businessman should be loyal to his customer. Every business should provide quality product and services to the customers. A business which maintains good relationships with the customers is said to have good ethical value.

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.

Ethics and principle on the business or the company stands it forms the core of their policies. Ethics of the company affects it image in the market, employee retention, even affect the investments that company will be allowed to do in the global market.

Lets take an example of TATA group, after the 26/11 Mumbai attack, the turn over of Taj group increased, and the only reason for this increase is the ethical responsibility shown by the group towards, its customers, employees, their families. This enriched their image and increased the customer belief.

Companies along with good quality product or services having great ethical values sustain in the market on the long run.

Ethics refers to the code of conduct which tells us how to behave not only with the customers but also with the employees. And it must be performed by each and every member of the organization. Ethics is necessary so that the customers feel safe in terms of their right, their product and their benefit. As we know that customer's satisfaction is the main goal of today's marketing world, and they feel satisfied only if they are satisfied in terms of product, right and benefit.

We can gain our customer's trust if we conduct in a ethical manner. Ethics include everything ranging from providing good quality product, with proper price, customer product care, the service term, listen to their complain, feedback, safeguard of their choices, everything. And it is not limited to the customer but it also include employees. A satisfied employee act well on his part. And a satisfied customer will come to us again and again. And this in turn increase our profit.

I would say that company should make the strategies or business plans that would not curb the ethics. Since, maintaining ethics is the only way in which a businessman can attract his customers. To outdo his competitors, he should not be mislead in wrong direction because of which the customer might lost trust in the business.

For Instance, Consider the Flipkart which was started by employees of Amazon. They have just maintained the trust and delivered goods on time; which was their main motive. A recent talk with its CEO in recent India Today has mentioned that he followed some ethics. And that is the reason for his success journey.