Business Ethics

Ethics is the supreme good. It answers the question, “what is right”. In any given situation there can be three responses, first the right or correct response or technically right or legally right response. The second could be “my” response which is personal or driven by emotion, anger, jealously, greed or some ulterior motive. And the third can be the ethical response i.e. the right response.

This is the response which is time tested and has passed the test of good values. If a business is driven by this value it can never go wrong.

This is ethics in business. Business stands for people, society and nation. Responsibility and accountability in business is ethics. People or customers are not ignorant any more. They keep a close watch and evaluate businesses on this parameter and then choose to associate. We have seen many examples where, businesses with ethics in their core values have survived all odds and are still going strong today whereas those who tried to cheat and fool became history.