There is much talk today about ethics in business – as there should be, but there should be more than talk; there should be a high moral code for all executives who are responsible to both their customers and their shareholders. They have the money to invest but don’t have the social contacts, that can make insurance selling possible. I remain very optimistic that ethics, morals and responsibility will once again become a part of the U. S. business culture. Periodic reevaluations are suggested in ethics training as well, since times change many things that some would never consider ethical or non-ethical.
There is no real separation between doing what is right in business, and playing fair, telling the truth and being ethical in your personal life. They happen all the time because they are ultimately of great importance to the bottom lines of businesses. Business ethics are part of that plan including the company’s strategy for growth, stability, and profits.
Negotiations between businesses could be accomplished with more consideration for the other company in mind, which would only help both. It may even be against the company’s policy that relates to how employees interact with customers. Not only will the community take note of the ethical nature of a business but also so will customers.
It is s subject that can go hand-in-hand with business and when employees and CEO’s alike understand what ethics are about, business can improve. Within every business there are marketing ethics to be considered as well. Good business ethics is a distinguishing quality that can bring unmeasured success to a commercial organization.
Practices and social responsibility programs are more accessible and more interesting for small business enterprises. In many businesses, having ethics is frowned upon or thought of as a negative subject. Because of the huge amounts of money available and accessible to people in the financial industry it is easy to understand how they can be tempted into criminal actions.