Ethics in Business are just a passing fashion

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31 comments Page 2 of 4.

Milind said:   1 decade ago
Trust of customers totally depends on Ethics. Unethical things may work for short term profit but for long term profit business should follow ethics. What is brand name? I think that represents trust of customers. We purchase the things of which brand on which we have trust example Bajaj Group known for good and economical vehicles, they buid trust by ethics. Now people also purchasing their other products like Electric household appliances etc. So I think ethics is one of the most important factor for survive in this competitive business world.

Ainam said:   1 decade ago
Hi friends, I don't agree that ethics are just the passing business in our business world. In today's world, we still consider those companies and brands who have good business ethics and moral values. For example- reliance India company or aircel have a good name but not trust of the people as they provide very bad networks and services, in order to promote their products they repeatedly go on adertising their products and provide cheap offers so that customers get attracted to them, but mostly it does not happen. Though they have good customer ratings because of poor people who cant afford so much expense in mobiles and all.

On the other hand, people get attracted to those companies like airtel and vodafone have international connections and also have good services and provide best offers to people for people. They are the leading companies in the matter of mobile companies.

Manoj Solanki said:   1 decade ago
Hi friends I just want to say that ETHICS matters a lot in business. If someone not have ETHICS then he will be not success for a long time. But if person is have Ethics then he will be a very successful person. Like Bill gates, he is very successful man because he have Ethics.

Neha said:   1 decade ago
In my point of view ethics is not at all a passing fashion in business. Because every bussiness runs on the reliability of customers on their product. A businessman can earn profit with unethical rules of their business but only for a short time. In doing so he loss the trust of customers which results in a huge loss to their business. And at last people purchase the product of those companies on which they trust regarding their good services whether it may be some costly to them.

Pranay gupta said:   1 decade ago
I also agree with the statement that ethics should be followed in business because the person running its business using unethical practices will never succeed in the long run for example satyam computer chairman raju did a fraud in its business and he is in jail now but ratan tata the classic example in running its business using ethics practice he is a very successful businessman n people admire that one.

Pooja said:   1 decade ago
yeah i agree presently all are wants to be the top businessman. nowadays business is going business for business they don't have ethics in their business. so the topic is entirely correct.

Alisha said:   1 decade ago
Business ethics are the foundation of any good corporate culture. If going ethical you can no longer stay on that top position.

Shreya said:   1 decade ago
The topic draws our attention to as to how ethical practices are related to business. Ethics are an integral part of any business association that seeks to survive and flourish in the long run. People have a deep faith in organistions like TATA because it never compromises on its ethics and as a result, has greater customer satisfaction and correlated business growth.

Himani Sheth said:   1 decade ago
I agree with most of the participents in this discussion. In my opinion as well, Ethic is one of The most important thing. To set up any kind of business, the basic thing that one needs to understand is the customer need and satisfaction.
Once the trust is lost, Its lost. Its not very easy to convince an experienced person. At least not in the competitive world of today. as mentioned by many of you, Tata tops the list of customer need and satisfaction. He's made the dreams come
true the commen man and the man who does not want any of his belongings to be commen..

on the other hand we have brands like reliance that offer a good product at the best price. most of the poor would pick reliance product if they dont have too many choices. which is why they'd probably choose it. where as people who are
well versed with the other brands and the value for the product would care more for the best. That's where reliance fails.

But, I 'd get slightly diplomatic and agree with neha..., that be it right or wrong, many corporate giants have been and will be unethical in one or the otherway and would add numbers to the revenues just to get more publicity or increase sales..
for that matter, Advertisements play the biggest role.., 8/10 ads exaggerate the result of the product.. most of them succeed in gaining trust. but how many products actually give the exact outcome of what we heard in the ads?

I HAve fought musquitoes while the "all-out" coil was just a foot away!

Ranjeet kumar choudhary said:   1 decade ago
Hello friends I want to initiate the topic "Ethics in Business are just a passing fashion" & of-course I am totally satisfied with the given topic, In this competitive Era every buddy wants to see himself at the top of business world, and for that they can do any things doesn't matter that are Ethics or not.

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