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Business and Ethics

  • Author:Nancy
  • Source:www.diecastingpartsupplier.com
  • Release on:2015-01-25
Most people learn from the TV series that businessmen are mean and immoral, they can do what they want in order to achieve the biggest profit. In reality, some businessman indeed chase for the possible profit at the cost of being lack of ethics, while others believe that business ethics helps further success. I agree with the latter.

Business ethics helps a company to keep long term cooperative relationship with employees and customers. First, some bosses to get more incomes at the basis of reducing the employees’ wellbeing, it will cause the employees get dissatisfied with the company and they come to job-hopping, then the company need to recruit another new employees, retrain them again, it will cost time and waste resources, the company can’t run well during the unstable change. Second, if a company has a good reputation, customers are willing to buy their products and keep business with the company. On the contrary, no one is willing to buy the company’s products which is immoral, the product may be not in good quality, it will do harm to people’s health.

Today, the world is full of competition, if a company wants to get win-win situation, the boss must have the sense of ethics, with it, the employees and customers will ensure the company big profit.