Ethics or profits?

[GIFTMICHAEL]

An ethical approach aims to ensure the employees act responsibly in putting ethical considerations before profits. Considering the implications of their actions on staff, suppliers, community and the world. It encourages staff to be sensitive to their community, always do the right thing, and behave morally fairly and honestly. Such a policy will seep into the culture of the company and help staff select the correct course of action in any given situation. Good business ethics are sometimes required by law, and will create trust and public acceptance in the market place for the company which will reflect the culture and philosophy of the company.

It appears that when you know how to do work with ethics, you will work honestly and I think more than profit, human morals and being ethical can also enhance profit based on it. If he is not doing work ethically he cannot make any profit, nor does he influence the public and make his business good by his conduct, and he does not look good either.

 

[nana kwasi1]

Business ethics are crucial because they enable people to make decisions with clarity of thought. Some businesspeople are particularly dishonest, selling false or subpar goods to unwary customers. If they had moral fiber, they wouldn't act in that way.

 

[Shigobad20201]

Though both ethics and profits are needed for a business to survive but truth be told , what you need most in business is to make profit because your business will stop if you are not making profit .

 

[Amanda_5]

believe that having strong work ethics will lead to greater financial success because consumers want to do business with institutions and organizations that uphold moral standards, and when an organization has strong work ethics, it will attract more customers, which translates into greater financial success.

 

[frederick_9]

Though a business must uphold both moral standards and make a profit to survive, making money is ultimately what you need in order to succeed because without it, your operation is prone and like to fall apart

 

[Shigobad20201]

As a business organization, we must know that its our responsibility and right as a good citizen to uphold the moral and ethics in our workplace , but most importantly, we need the profit more .

 

[Joe2]

In my view, ethics should come before money.
Both must coexist; yet, one cannot be sacrificed in favor of the other.
In order to avoid being penalized, a successful businessman must adhere strictly to the code of conduct that governs his industry or specialization.

 

[Ayojesu]

it is ethics for me, if you have good ethics, people will be able to trust you enough to do business with you, and they will feel safe and see you as a professional that knows what they are doing in business

 

[Skysaint]

You made the thread in such a way as though we are to choose either of them but in the real sense they are actually very interconnected. If you have a good business ethics then it would surely lead to making good profit for your business.

 

[Eli342]

Since cheating and using illegal methods of obtaining money always have a negative impact on businesses, ethics is essentially a course in business management designed to discourage and inform business enthusiasts and enterpreneurs.

 

[Shigobad20201]

In the line of business, ethics is the best thing we need to follow if we want to be working under the proper law and not be cheating , but most of the time , working base on ethics might not bring you gain and thats why people do anything to make profit , which means the have to involve in illegal way of business .

 

[Abigael]

In my view, ethics should come before money.
Both must coexist; yet, one cannot be sacrificed in favor of the other.
In order to avoid being penalized, a successful businessman must adhere strictly to the code of conduct that governs his industry or specialization.

Yeah, the two must coexist. As you work hard to earn profits, you need to remember the importance of being ethical. Lack of good ethics could push customers away.

 

[Grant]

You can have ethics and still make profits. It comes down to providing a service you're proud of and make people happy. It's about doing the job you're tasked with, to the best of your abilities, and not asking for extra because of it. It's doing the best work you can and so on.

It's find to think about profits as well, we all need money. It's how you get that money is what matters in my opinion.

 

[Planbizzle]

An ethical approach aims to ensure the employees act responsibly in putting ethical considerations before profits. Considering the implications of their actions on staff, suppliers, community and the world. It encourages staff to be sensitive to their community, always do the right thing, and behave morally fairly and honestly. Such a policy will seep into the culture of the company and help staff select the correct course of action in any given situation. Good business ethics are sometimes required by law, and will create trust and public acceptance in the market place for the company which will reflect the culture and philosophy of the company.

To guarantee that their activities are carried out in a socially and environmentally responsible manner, enterprises should put ethics above profits. A company's operations should be centered on ethics, and morality should be viewed as a crucial component of evaluation. Corporations should make an effort to make sure that their choices are morally sound and that all stakeholders' rights are considered.

 

[Chibson]

Having good business ethics is a must for any business venture that really wants to be successful. Ethics should be put first before profit. it is not even possible for you to make sustainable profit if you do not have ethics in your business.

 

[Skysaint]

Business ethics are crucial because they enable people to make decisions with clarity of thought. Some businesspeople are particularly dishonest, selling false or subpar goods to unwary customers. If they had moral fiber, they wouldn't act in that way.

You're right about this. Having and developing good ethics in your business would go a long way to even maximize your business and profits at the very least. When you're dishonest, you will be risking everything.

 

[Shigobad20201]

A good business entrepreneur must always have the two ( good ethics and profit) in mind when trying to start a business, though nowadays people are always aiming for the profit only and not minding having a good ethics in their business.

 

[Trey]

When you put people and society first in your business dealings, you would have a positve PR. That alone can fetch you deals and contracts that would pay you. Reputation is important for a brand and business. So business have to put ethics and social reputation above profits, that alone would bring profits.

 

[Heatman]

I believe a good work ethics will bring about more profits,in the sense that people are willing to do business with responsible and principled organisations/institutions, and with an organisation having a good work ethics it will attract more clients, which means more profits.

I've actually seen some businesses that don't care about ethics when it comes to how they run their daily activities since it is only profit t that they are after. But I believe that it is a good thing to do to have a good ethics in your business and make sure you follow it very well because it will still help to get the company to make more profit.