09/10/13

What do I think on Business Ethics ?

Business Ethics is one of the controversial topic in the business world. It is also a great guidelines for diverse business activities. In short, business ethics reflects the status of behavior from an company. It can be manifested into different aspects such as Marketing or Human resource Management.I personally think the business ethics will gradually become important in our business world in the future. The reason that why I would say this because of the highly competitive business environment between enterprises or firms. In the light, business ethics changes their business mode.

Nowadays, the firms is not just maximizing their income profit, they are taking up their social responsibilities. Be Respectful on business ethics is only survival way for the companies in the business world. Ignore the ethics or violate the law will damage the right of consumers and lose the confidence from the public. The main idea of business ethics is surrounding the relationship between enterprises and stakeholder. It also involves a company’s management principal and ethics perspective. For example, the most common problem about business ethics is the relationship between Employer and their employees. Some company will push their employees to work in order to maximize profit.

However, they ignored their employees’ feeling. The employee is the soul of a company. A company cannot run really well without creating a pleasant work environment. Different research stated that the company maintains a good relationships with their employees by respecting the ethics will increase their productivity and contribute the growth in annual revenue.

Pictures from :http://business-ethics.com/2013/09/06/1132-sustainability-progress-more-words-than-action/