Making profits is essential for businesses, but sustaining long term profits is more important and ethical practices allows that to occur.
Updates from Thursday 12th September, 2013 Toggle Comment Threads | Keyboard Shortcuts
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theochapman
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Yiling Zhao
Just like nature selection, only the one who has the fitness can survive. Ethics should not hurt the survive of the company
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Huan Yan
They wouldn’t be able to make coneection with the emplyees they plan to lay off. Therefore the reliability of this test is doubtful.
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boyachen
@xiaoyanqiao Business students should think more about balancing the business profits and the ethics at the same time.
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Huan Yan
We think that the reason why those students seemed cold-hearted is that it’s based on hypothetical case rather than a real world situation.
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Wong, Fung Chuen (Phoenix)
Business students should learn to balance from ethics and making profits
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weichengli
The goal of a company should not be solely on profit.
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jian(Jane) zhang
Merely the profit maximization can’t represent the success of a business. Using the profit equation overlooks ethical business values.
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alisonchan16
Although teachers can teach ethics to students, it is ultimately up to the student to decide what they believe in & whether to act ethically
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yuweizhang
ideas:
give them a chance to act like a employee being fired, having the same feeling of those people. so they may be
more ethical. -
pranavmalhotra3
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nydiagunawan
Business students should learn ways to find an equilibrium pt between business decisions, the ethical implications and how to balance those.
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weichengli
The goal of a company should not be solely on profit.
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Mikhail Golovanov
I think business schools should introduce INTEGRATED ethics courses in other business subjects such as marketing, economics and finance
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shawnwu
I think profit is important.we are running business not charity.
@karyko thinks morality is important orelse there will be more Enron org. -
geniechang
We learned that ethic is becoming an important issue and that we should use the equations more carefully @shannipeng
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Bo Liu
equation: reduce number of hours or vacation time for employees
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Bo Liu
equation: reduce number of hours or vacation time for employees
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nydiagunawan
Business students should learn ways to find an equilibrium pt between business decisions, the ethical implications and how to balance those.
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Matt Harnett
When presenting business practices in equation form, it seems easy to choose the profit-maximizing option without evaluating ethical implications
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pranavmalhotra3
Not everyone is being properly taught the consequences of being unethical, but I believe that this will change starting with our generation.
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juliejeehyepark
should consider everyone as an individuals
learned that many business ethical problems are coming up and more people are being aware of them -
cicisong
if you treat business only as profit making, you will lose connection. business is about teamwork, helping, and providing values to the world.
Continue reading if you treat business only as profit mak… -
Mert Dalaman
We think that laying off employees in a struggling company is the logical thing to do, as in the longer run it will save jobs of others.
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Kelly Trach
Please use tags when adding your teammates to the convo & giving them credit
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Shuting Lin
Firing people can sometimes cost more than hiring a new employee. —Shuting Lin, Cheng Ye
Continue reading Firing people can sometimes cost more th… -
yajur sondhi
Nicholas and I realize that this article helps signify the change in business philosophy, now ethic has a greater weight .
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amyqiu
equation: people become desensitized to the fact that they’re actually laying people off
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Ali Jatoi
1) We learned that running a business is not solely about maximizing profits. People are not numbers in an equation.
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