Volume : III, Issue : I, January - 2014

Perspective of Business Ethics in Present Competitive Scenario

Monika Dahiya, Yogesh Chandra Kandpal

Abstract :

Non cooperation with the evil is as much a duty as is co-operation with good” said by Mahatma Gandhi-father of nation. Henry Ford had said “Business that makes nothing but money is a poor kind of business.”Business organizations should follow ethical practices because unethical organizations fail in due course of time (e.g. Enron). A company gets enthusiastic response from its employees as well as customers for following ethical practices. This lead to increase in the productivity of the organization. Business organizations know that in order to survive in the prevailing cut throat competitive scenario they must retain the customers and acquire the new ones which can be possible if they adhere to the ethical practices. Ethical companies are liked by both customers as well as employees. Besides this, their competitors also have positive feelings towards them & want to follow their practices for success.

Keywords :

Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Monika Dahiya, Yogesh Chandra Kandpal Monika Dahiya, Yogesh Chandra Kandpal International Journal of Scientific Research, Vol.III, Issue.I January 2014

Number of Downloads : 785

References :