Role of Ethics in Business

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61 comments Page 4 of 7.

Mir said:   1 decade ago
Ethics to Business is like, man to business. If man do not have moral ethics therefore business has no ethic as well, because it is man who govern business.

Business do not reason nor initiate its own social responsibility but only as a juridical being, man is a rational being that governs in the business.

Conclusion: If a business is not ethical therefore the people in the business are not ethical.

Provided further, ethics is to be value and not to value ethics because man-business are compose of ethical and unethical or moral and immoral, it is then we'll be able to discerned if we define ethics by our own values.
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Anuj said:   2 decades ago
Ethics are the principle of wright and wrong that are accepted by the society or organization. It play a important role in perception of a scenario. The decision which you take are highly influenced by the ethics we believe in.

In business we make decision which force us to distinguish between profit and ethical values. These are the decision which decide how are business is going to run. Those people who can make profits and maintain ethics of business intact are the most successful businessman.
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Madhusree Datta said:   1 decade ago
They say that "Ethics is knowing the difference between what you have a right to do and what is right to do. It is true that morals and values differs for an individual, concerns come in our professional lives. When people at work pressurize you to things, often we ignore our ethics.

Morals and values are extremely individualistic. It's incorrect to say that you can't succeed if you are ethical in business. You will probably take some more time to succeed. You can't force someone to follow ethics.
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Anil said:   1 decade ago
If we talk about the ethics in business, ethics means legally achieving the company objectives and filling the bank balance. But Indian business is totally corrupted it means if we want start new venture we have to pay some amount in illegally then only we can get permission, and starting to end of the day business people are involving in illegal activities.

So, present days its some more difficult to find ethics in business.
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Amansaxena94 said:   1 decade ago
Ethics is moral standards of individual to being good at corporate sector and socially with society.

To build such better image of company by internally and externally ethical culture of corporate in mind of stakeholder play very vital role.
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Nandini k said:   5 years ago
Hello everyone!

Good day to all you.

I'm Nandini K.

"Let us discuss the role of ethics in business".

Ethics is very important for every business. Nowadays we know about the ethical values but we don't follow because of our negligence. We must and should follow the ethics easily achieve at everywhere.

We have a very drastic example of Vishakapatnam gas tragedy we lost the thousands of people due to the irresponsible of ethics and responsibilities. Nowadays India plays a bad role in ethics. We totally addicted corruption from the starting business to at the end really it is the fact. No one didn't play a role without corruption. Must and should every citizen follow the ethics. These are helped us lot to easily lead the life. Any business or any individual life who commit unethical Presses will not be successful long term. Ethics are values, responsible, Bhevaiaor to Everyone.

Thanks a lot for everyone!.
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Anu said:   8 years ago
Ethics are moral values. The effects of ethical practices in business can benefit a company financially and they can also help a company to gain the elements it needs to grow.
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Punith said:   10 years ago
Business ethics is a subset of ethics. Business ethics is a specialized study of moral right and wrong in the business arena. It focuses on moral standards and rules as they specifically apply to business strategies and choices, policies and rules, business institutions and organizational behavior. Business ethics is the science of values and principles in business exchanges.
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Sana said:   8 years ago
Nowadays the definition of business has become receiving profit at the cost of goods and services. But how good would this line be that the definition of business is receiving enormous satisfaction at the cost of services and goods provided? Profit might not last longer but satisfaction will throughout. So I guess following ethics in everything will help us achieve the purpose of life.
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Akbal ansari said:   1 decade ago
As ethical behavior comes to the forefront, more and more companies will be taking these steps to ensure that the ethics of their company and its employees are unassailable.
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