Role of Ethics in Business

Ethics is back bone of any business, why because we can build trust in customer if we have good ethical skills, good ethical skills will give you good money and good relationship with which lead to get more business.

Let me borrow a quote from Mahatma Gandhi that "It is difficult, not impossible to run a strictly honest business". I also think that way, because recently reliance Jio cut down data rates drastically so that it affects other companies but if these companies have a given good offers earlier they could have survived and that will be an ethics.

Business is playing a very important role in business at all Level. Because of some reason are as:

1. Cost control.
2. Performance, revenue and profit may also need business ethics.
3. Consumer confidence build the ethics.
4. Ethics tell what is good or bad for business.
5. Ethics help to make a reality of business.
6. Rights of consumer build the ethics.
So, ethics ethics play very crucial role in business.

According to me, the ethics is the most better way to achieve the organizational goal with good customer friendly approach.

Business ethics is the approach and the mind set which should be followed for the betterment of the business operation.

According to my point of view, Ethics is the most valuable thing in business and also life because our old Puranas say that ethics nature and features like Ramayana and Mahabharatham, so ethics must be followed.

Ethics are general principles which should be followed as they have certain restrictions and policy under which business should perform to maintain the integrity so that it helps the business in the long run as it will safe business from involving into unnecessary things.

Tha main role is it provides right Education, new Technology, care of people Health valuable Information and most importantly customer satisfaction.

I believe that ethics play an integral role in the sustainable growth of a company. All consumers and stakeholders have a right to be a part of legal and fair business practices. Abiding by business ethics will surely prove beneficial in the long haul due to the reputation it garners and the loyalty of customers it is successful in earning. Moreover, it is the social responsibility of every business to be true to it's internal and external parties. It is only because of the society's resources and support that the company can flourish through sustained profits.

According to me, the absence of ethics in a business can harm or kill a person in the society.