Ethics in Business are just a Passing Fad

Ethics. Question is do we really need it? I believe of course YES. Honesty is the best policy that's what has been told to us from our childhood, most of us take our parents as role models from the day we open our eyes in this world. I would say, the set of values we have and we get from our tradition, religion and our country is wonderful. Without ethics everything will be for a short span, till the time you don't correct your basic how can you think for a long term success. Every business should follow ethics or else it will be a complete failure in long run.

THANKS for providing us with such a good relevant topic its my pleasure to share my views on this topic ya! ethics in business according to me are important because a customer basically is a king of the market today and 2 provide them with a good service is to be ethical in the business unethical behaviour leads to the failure of a business.

In my opinion I like to express that business must be in ethical way it must not be for short period. If business is people of ethics it is great advantages for business it enhances their reputation of organisation and it build the loyalty between customer, supplier as well as shareholder.

I like to conclude by saying that ethics is not new thing in the business field it is since vedic period all business organisation must implement the view of ethics.

In my viewpoint, ethics in business is not a passing fad. Infact, ethical consumerism which is ethics directed behaviour of consumers is picking up its wibe. The underlying reason being the changing attitudes of people towards society and the environment. The companies as well are taking care of this by practising Corporate Social Responsibility which is based on the theme that every business entity has a responsibility for the environment, for the society why contributing their bit.

Over a few years, a surge in such ethical activities on the part of corporate biggies has been seen. For instance, ITC contributes two rupees to rural education programmes on every purchase f its brand's Classmate notebooks.

In todays competitive and dynamic market, ethics has become Modus Operandi of businessmen as a marketing strategy to attract customers and create goodwill in the market.

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 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.

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.

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 .

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.

Hi I believe ethics are the basic flagstones of our culture in general. To be more specific, we have all witnessed the doom and demise of once-a-very-revered corporation "Satyam". Had it not been for the mere profits, the company wouldn't have faced the challenges its now dealing with. I guess internal audits and like some of my friends quoted "Corporate Social responsibility" groups need to be more effective and vigilant in cross verifying the details of the proceedings occurring in the company. That's what I guess shall take us all through !