No doubt business is done mainly to earn profit but some business ethics should be kept in mind what do you think today is today's businessman ethical in his practices ?

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Presently , the prime motive of
business
is to generate profit,
however
; a code of conduct should be followed. I believe that few
businessmen
are following the ethics whereas others are not. Commencing with, transparency is the main concern of
customers
nowadays. For attaining success in the
business
today's
customers
can not be ignored. To quote an instance, in case of any fraud,
customers
post the incident on any social platform like Twitter, Instagram etcetera which
consequently
creates obstacles in the flourishment of the
business
;
that is
why businesses have to consider the demands of their
customers
.
Moreover
, the surveillance system of government is top-notch. One can not make fool of people since if one is being caught doing cheating
then
a penalty has to be paid for compensation of fraud .
On the other hand
, there is immense pressure of competition in the market. To deal with that, few
businessmen
provide good quality products at affordable prices. For compensating the expenses they become part of tax evasion. Owing to
this
, every individual would not take benefits which are provided to them by using taxes amount.
In addition
to
this
for taking a position in the market, businesses have to be practical and professional due to which the emotions of
customers
are being neglected.
Customers
demands should be fulfilled in every respect of their demands but few
businessmen
do not follow
this
fact as they think practically which leads to the dissatisfaction of the
customers
. Conclusively for profit maximisation, some
businessmen
show deceit in their
business
practices , which works only for short period ,
however
, in my ,opinion ethics should be followed for flourishment of the
business
.
Submitted by ritu1508.dcsa on

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