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Are business ethics or profits more important?

This Debate has 18 articles on the Ethics side and 7 articles on the Profits side. Click here to see all the articles rated and ranked by Helium members.

Ethics

Profits

14 of 18

Ethics

by Smruti Patel

Rating:

I agree that ethics is more important than profits.
I come to this conclusion because I work in business for a long time. When you run your business in a ethical way than profit comes on its own.

Ethics for me is customer service, keeping all areas clean and presentable. Most important is phone skills. Answering the phone on the second ring and alway answer every question and be respectful to others.

I feel when you run a business all employees need to follow all of the rules and regulations. If it is clearly known than there would not be any misunderstanding. There is a lot of time spent making sure all employees have the necessary training.

Running a business in a good reputation is very important. Treating clients respectful and try to answer all questions will soon bring in more clients or repeat clients. In today's market the consumers are looking at the bargain but most importantly is the business ran ethically and not only on profits. These days every business is fighting for that one customer hoping they would walk in to the front doors.

Once they are in and using your services than you have to make sure everything is to there standards and than they would come back.

If you are only concentrating in profits than you do not seem to care about the consumers. Consumers are looking for any discounts and more for their money. These days earning money is hard and every day expenses are raising higher and higher.

For example gas prices, food, electrical bills and other bills has gone up. In this time everyone who is running a business knows the times are difficult and have to do anything to bring in clients.

I do not know if you agree with this or not but I think most people in business will agree with me in some points. It's not alway only profit or only ethics it's both. To run a business you need a well balance organization.

So in conclusion yes running a business is challenging and being ethical bring in more clients than that is what need to be done. Profits is important but in this economy that can not alway be the case to survive in a business. After all bills need to be paid some how or you can get fined and be out of business.