BUSINESS ETHIC AND PROFIT To a large extent, I agree with this statement. Many companies owners suggested that successful business depend on how profitable the business is, instead of their ethical re

BUSINESS ETHIC AND PROFIT To a large extent, I agree with this statement. Many companies owners suggested that successful business depend on how profitable the business is, instead of their ethical re

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BUSINESS ETHIC AND PROFIT

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To a large extent, I agree with this statement. Many companies owners suggested that successful business depend on how profitable the business is, instead of their ethical responsibility to the society. On the other hand, From a business owner perspective, practicing business ethic is time-consuming and costly. However,many multinational companies, including HSBC, Coca-Cola Company, Visa...... embed business ethic into their operations. The truth is a business with poor business ethic is a poor kind of business, since it affect the reputation of the company, violation of law and employee performance.