Ethics in Business are just a passing fashion

Group Discussion
Points to remember before you participate in this discussion:
  • Assume you are one of the members of a real group discussion.
  • Take the initiative to participate and contribute your thoughts.
  • Contribute your positive thoughts towards providing the solution.
  • Post your thoughts here.
31 comments Page 2 of 4.

Seersak joshi said:   6 years ago
In my opinion, ethics is equally important as that of business because we all know that a person's character may be known from his or her behavior or ethics. So it is very important for a businessman to maintain ethics as the consumers are much attracted to those persons who have good ethical value or good behavior.

So according to me first, the behavior should be emphasized rather than business, after all a good business man's personality is judged by his behavior.

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.

Naveena D said:   5 years ago
Good Evening Friends,

According to me, In Business, ethics are not just a fashion. It is also used to help the business success and development for doing right way. Ethics are important thing in business environment. It is helpful for business growth.

Thank You.

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.

Elizabeth Ngacha said:   6 years ago
Ethics ensures that there is no discrimination in business, it also creates fairness in competition, ensures the protection of the environment, ensures fair play in the competition and eliminates the use of unfair means of achieving a business objective. That's all. THANKYOU.

Zaid said:   8 years ago
Hi all,

Ethics is always considered to be the core of human values since the inception of living creatures. Especially in a country like India which is well enriched with religious values and culture, we consider our moral values to be very high. But lets face it now. In lure of getting success, the era in which we are breathing the definition of ethics is self centered. Human values should be the "end" not the means!

Take example of all the recent major scams. Recently Volkswagen emission test scandal or Sathyam scam or coal scam or Enron. One person commits a fraud or unethical behaviour at the top management. Now knowingly or unknowingly the subordinate supports that fraud considering it to be the means to earn more or be more recognized. Thus, sacrificing our own ethical values in gaining short lived pleasure of success.

Anyways, there always going to be a battle between economic progress and ethics. One has to compromise the other to reach new heights. May be some unethical behaviour favours new job creations, eradication of poverty and making one country look more brighter than the other. As many truths are still hidden of why some countries are emerging so fast.

The best alternative should be "To look at the larger benefit of society and people".

Vandana singh said:   8 years ago
Hello friends,

Ethics are actually the unwritten and traditional keys to success. All successful people have ethics associated with them.

If we speak about ethics in business it is very wrong to say that it's the only pretence, actually, it depends on from owner to owner.

If a company follow its ethics and satisfy customers need without any compromise they can win customers trust, which is really required to succeed in today's competitive world.

Yazar said:   6 years ago
Hi, Business ethics this is very hard to believe lesson in each and every successful business peoples in the world.

This is mainly focusing customer satisfaction. If you are going to buy a things in the market there no of brand are available. Peoples thinking about that we spend this much money to buy this product. Is this worth which we offer that much money for this product. This is the question will rise everyone mind. Here the ethics play the role. Peoples will buy the product Bz peoples believe that. Very hard to convince peoples. They will not buy only by the feature they will buy for the benefits. So ethics in business not just a passing fashion. It's a passion.

Neha said:   1 decade ago
Ethics to me is a highly individualistic term. Ethics in real term cannot be generalised, the thing which seems ethical to me may not look ethical to you. However, I am not supporting being unethical. Ethics in business is good to follow. But we can see many corporate giants (its not right to mention the names on a public forum) who have being unethical in one or the other way and are adding numbers to its growing revenues.

Ethics are highly dynamic in today's competitive era.

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.

Post your thoughts here:

Your comments will be displayed after verification.