Ethics – the Key of Commercial Success

Good Essays
Ethics – The Key of Commercial Success Business sometimes is evil, because the only thing it wants to get is money! This is a common opinion of people about commerce. Since human beings first developed the enterprise of commerce, businessmen have been fighting for profit. However, the most successful and greatest businessmen, like Andrew Carnegie, or Bill Gates, are all people who follow a fixed rule of ethics. Ethics is the basic rule for people to judge whether something is good or evil. It is also the base line for being a good person for the society. Moreover, in spite of what some people say, ethics also can determine whether or not businessmen can be successful in commercial activities. Ethics is the foundation of anything, included success. How do we to connect ethics with success in commercial activities? In the article “Why Ethics Are Necessary for Business” by Jim Aldridge, he noted that although business is a process of getting profit, ethics are still important to limit some bad actions businessmen do for profit. The article helps us understand that only a virtuous businessman can gain real profit. The book “The Story of Google,” by David Vise and Mark Masleed, argued ethics is the key of the success or failure of Google for the future. Similarly, the article also states that rule of ethics in a company can be misunderstood by others. Then “What Is Success?” Daniel Scocco showed us ethics and business are not in conflict. There is possibility for businessmen get positive impact on change the lives of other people, and get profit at the same time (Scocco). The three articles give us sufficient evidences about relationship between the ethics and success in the area of commerce. All companies must have ethics if they want to succeed. It’s the basic condition of success. In fact, commercial ethics apply not only to how owners treat both customers but also to how they treat employees, who are “the [essential] cogs … in

You May Also Find These Documents Helpful

  • Good Essays

    Ethical Paper

    • 723 Words
    • 3 Pages

    Ethics are developed at all stages within a company from the first time you hire an employee up until the company releases an IPO and goes public. The first step to ethical behavior occurs when you are conducting a strategic plan. The company has to realize the role of ethics and social responsibility to implement a positive plan. Ethics have a lot to do with the company’s vision and how they perceive themselves within the marketplace. There are three questions that every company should ask when they are integrating ethics into their business; what do we stand for? What is our purpose, and what values do we have? The…

    • 723 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Ethical and moral issues in business go hand in hand, and go along well with one another. We each have our own moral standards that make us who we are and what we stand for. Our character comes from our moral ethics, and how we were raised to handle ourselves in certain situations. Ethical behavior comes from society and how we are perceived by society. Ethics in a business setting involves both morals and strong ethics. I am going to attempt to explain what the difference is between moral ethics and business ethics in this paper.…

    • 569 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Ethical behavior is very important in order for company to become or already be profitable. The importance of business…

    • 225 Words
    • 1 Page
    Good Essays
  • Powerful Essays

    Ethical Theories

    • 2293 Words
    • 7 Pages

    It is vital for businesses to understand the importance of ethics in this dynamic environment. Organizations that are committed to long term success recognize and realize that creating a culture where ethical behaviors are rewarded and encouraged is the ultimate key to survival and growth.…

    • 2293 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    In the article, Dalla Costa outlines the process for incorporating ethical principles to the direct benefit of customers, shareholders, employees and profits. The author makes clear why corporate ethics must be a fundamental component of any firm. As managers and consumers, many people are concerned about issues like discrimination in the workplace, and are struggling to integrate their beliefs into their jobs. The Ethical Imperative links these personal values to business…

    • 456 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Is Business Ethics Important

    • 2414 Words
    • 10 Pages

    The aforementioned information is very necessary to understand how to answer the question of the importance of ethics in business. The ethical theory provides a baseline for what we expect the standards of ethics to be. It is very apparent that we has human beings would come to a cohesive agreement that business ethics is important. This is because we assume that it is better to be right than wrong, moral than immoral, good than bad or just than unjust. In reality this is not a very acceptable answer because it fails to go into detail why we think it is better. The only evidence proves being good is better than being bad is religion, the government, and our elders.…

    • 2414 Words
    • 10 Pages
    Better Essays
  • Good Essays

    Ethical Practices

    • 603 Words
    • 2 Pages

    Business ethics are rules of conduct, principals, and patterns of behavior in business dealings that involve doing the right thing. An ethical business is a business which embraces universal morals and strives for equality of every job and workplace. Although laws and policies are different in every country, some have lower ethical standards than others which for example can promote child labor, unsafe workplace, and many other approaches which can harm a quality of a workers life. The unethical businesses save money in cutting corners through ethic standards. But unfortunately many companies rely on factories based off unethical work to keep them in business. In some cultures unethical work is recognized to be normal such as child labor in an underdeveloped countries while here it is against the law and seen as inhumane because of how our culture is conditioned here.…

    • 603 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Nowadays the concept of ethical behavior in business ethics is one of the most debatable issues in the world’s business community. Why? Just because there is a global division of business people on who are completely blinded by the word “money” (their number increases with each year) and who not. Each of these two groups of people has certainly own truth. For the first group any business activity is just the activity that must make money for the owner, for the second group any business activity must make money+benefit as for the owner, as for the employees, as for the customers. Which way is the truth? In order to answer on this question - this theme has been chosen. Each advantage and disadvantage of ethical behavior contributes for at least being closer to the proper way of conducting any business.…

    • 1779 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Ethics in Marketing

    • 2116 Words
    • 9 Pages

    I have chosen to write on this topic” Ethics in Marketing” because ethics in general always impact many aspects of businesses. Therefore, it is interesting to research how it impact marketing. Ethics are a collection of principles of right conduct that shape the decisions people or organizations make. Practicing ethics in marketing means consciously applying standards of fairness, or moral rights and wrongs, to marketing decision making, behavior, and practice in the organization. In a market economy, a business may be expected to act in what it believes to be its own best interest.…

    • 2116 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Ethics in Marketing

    • 2683 Words
    • 11 Pages

    Ethics are a collection of principles of right conduct that shape the decisions people or organizations make. Practicing ethics in marketing means deliberately applying standards of fairness, or moral rights and wrongs, to marketing decision making, behavior, and practice in the organization.…

    • 2683 Words
    • 11 Pages
    Powerful Essays
  • Better Essays

    The author Robert Solomon argues that ethics has to an integral part with regard to business management. He does not believe that business management must include unethical or illegal methods to be able to succeed. Solomon preaches that business management is not as simple as obtaining revenue. “Businesses need to abide by fair policies and their owners have to be ethical in dealing with their customers” (Shaw p. 37). The author acknowledges that while illegal practices in business management could bring positive results at first, eventually the business is bound to fail. This is why Solomon recommended eight important policies that can help businesses in integrating ethics into their operations.…

    • 1517 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Having good ethics is not only good in business but also a good thing to have in general, everyday life. We all know the difference between good and bad but some people chose to ignore moral values and do whatever they please. In a business, having good ethics can be the difference between a successful business or one that will fail. Good business ethics can help the business run like a well oiled machine, and avoid problems within the business and outside of it. Every one of us at one point in time has had to face a tough decision or have been a witness to something that is unethical.…

    • 721 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    The business ethics refers to the ethics of enterprise operation. Not only for the enterprises, all organizations related to business are supposed to have ethical issues. As long as the groups of people are having business activities,there are always exist ethical issues in essence(Drucker,1981,pp66). A moral enterprise should pay attention to the human nature,avoid conflict and friction with the society,actively take the behavior beneficial to society. The concept of business ethics is emerged in the United States in the 70s, Japanese have also started the research on enterprise ethics issues in recent years. Some people think that enterprises take the profit making as main object,and the ethics is the pursuit of moral standard, the business objectives have no necessary link with the enterprise society responsibility, so that the business objectives is contradictory to the business ethics. In fact this is the superficial phenomenon,the thinking mode of profit pursuit is behind the new age. In the modern era, if the enterprise only focus on profit-push, and without considering the enterprise ethics,the operation activity of this enterprise will not be accepted by the society and obsoleted by the times. That is, if there is not ethics guide in the enterprises operation activities, the business itself cannot be successful.…

    • 2833 Words
    • 12 Pages
    Best Essays
  • Better Essays

    Ethics and moral obligation are something that we all encounter at one time or another. Even in a professional setting, all persons should act in a manner that would uphold the good of society. Why is it that good, ethical and moral behavior is not always adhered to? Is it because some people do not understand ethics and what it means to be ethical? To be ethical, one has to decide between right and wrong, determine what is for the betterment of society and act accordingly. Ethics have three basic criteria that must be met – obligations, moral ideas, and consequences (Ruggiero, 2004). Businesses have their own code of ethics and the individuals within that business have to determine whether or not they will follow that code of ethics. Ethical behavior in business is consistent with the principles, norms, and standards of business practice that have been agreed upon by society (Trevino & Nelson, 2004). At times, however, an individual decides to go against the code of ethical behavior for personal gain. This was just the case in the article researched by Team A.…

    • 2854 Words
    • 12 Pages
    Better Essays
  • Powerful Essays

    This paper will discuss how ethics relate in our everyday lives and more specifically how ethics are used in our workplace also how ethics are used by companies. This paper will also cover how businesses have implemented ethical procedures, standards and how these businesses flourished because of the effective use of ethical standards.…

    • 2043 Words
    • 9 Pages
    Powerful Essays

Related Topics