Ethics have two building blocks: first that resides within one, a combination of values gifted by life instincts and values imbibed by virtue of customs, traditions, etc., second outside one coming from social, business or other regulatory bodies.
Naturally,many a times ethics appear/turn to be contradictory commensurate with location, demography, culture, regional variations, etc. For example, in India kissing in public places is certainly (as yet) considered unethical, but not so in Paris, speed money or plagiarism is not taken seriously in India but certainly in some countries like Germany, totally unethical fetching severe punishment to those who are involved, etc. Considering ethics equivalent to moral or morale may prove often misleading. Ethics is a code of conduct, bible of behavior or maintenance of relationships in a group, to be observed by one and all pertaining to a calling/profession one takes up to support oneself and his family. That means observance of ethics ultimately heps promote one's prosperity.
To be successful in this mission, something though appearing unethical may be ethical from business point of view. For instance, providing excellent lodging/ boarding provisions to the inspection-committee members, collecting additional charges from students for organizing student- programmes on Personality
Development, sponsoring some event for creating good will, etc.
We need not confuse with ethics and moral or morale.
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m>I am not contradicting on the subject of ethics. Recently , one of my mentors told ';something may be unethical but from business perspective that is ethical'; . Is it possible to endorse this view without being idealistic? Happunethical, not is not so in Paris,y Knowledge Sharing. Best Regards,. Prof. Bholanath Dutta Founder , President & Convener MTC Global I www.mtcglobal.org www.mtcglobalaward.org www.knowledgecafe.o rg www.theglobepost.in Email - president@mtcglobal.org Cell +91 96323 18178 On 23-Aug-2014 9:15 AM, "drjaganmohanreddy" wrote: Business and Ethics can coexist and can very well go together. The perception of business is changing over time.Schumpeter, the great economist, justified profit making by business as reward for taking risk. Some time back KumaraMangalamBirla, made it clear that a "business is not expected to prosper in a society that doesn';t. Jim Collins and Porras Study has shown that the companies which survive are the ones committed to certain values.Peter drunker, the father of Modern Management, who in the beginning said that the purpose of the business is to make profit ,later was kind enough to assert that society interests should become the interests of business and it should become the loadstar of business. Gone are those days when business houses were merely thinking of making profit, by hook or crook. But slowly realization is dawning that having taken so much it';s time to give something back to the society and especially people. That';s how all the talk about triple bottom line (profit, planet and people) had begun. May be the numbers are not big right now who subscribe to the view about coexistence of business and ethics but definitely more will join in the times to come with people';s awareness about their rights/due share is increasing. Best wishesDrA Jagan Mohan Reddy Sent from Samsung Mobile -------- Original message -------- From: "';Usha Rani cherukupallis'; via Management Teachers Consortium, Global" Date:22/08/2014 21:52 (GMT+05:30) To: join_mtc@googlegroups.com Subject: Re: [MTC Global] [Weekend Hot Debate-II] Business and Ethics Dear all still there are a few companies following ethics in business. it can co exist. notoxymoron OR Transfer-epithet Usha Rani From: Prof. Bholanath Dutta To: join_mtc googlegroups.com> Sent: Friday, August 22, 2014 8:14 PM Subject: [MTC Global] [Weekend Hot Debate-II] Business and Ethics Business and Ethics are oxymoron OR Transfer-epithet OR can coexist. Share your views .... Happy Knowledge Sharing. Best Regards, Prof. Bholanath Dutta Founder , President & Convener MTC Global I www.mtcglobal.org www.mtcglobalaward.org www.knowledgecafe.org www.theglobepost.in Email - president@mtcglobal.org Cell +91 96323 18178 -- MTC GLOBAL- Educate, Empower, Elevate --- You received this message because you are subscribed to the Google Groups "Management Teachers Consortium, Global" group. To unsubscribe from this group and stop receiving emails from it, send an email to join_mtc+unsubscribe@googlegroups.com. For more options, visit https://groups.google.com/d/optout. -- MTC GLOBAL- Educate, Empower, Elevate --- You received this message because you are subscribed to the Google Groups "Management Teachers Consortium, Global" group. To unsubscribe from this group and stop receiving emails from it, send an email to join_mtc+unsubscribe@googlegroups.com. For more options, visit https://groups.google.com/d/optout. -- MTC GLOBAL- Educate, Empower, Elevate --- You received this message because you are subscribed to the Google Groups "Management Teachers Consortium, Global" group. To unsubscribe from this group and stop receiving emails from it, send an email to join_mtc+unsubscribe@googlegroups.com. For more options, visit https://groups.google.com/d/optout. -- > MTC GLOBAL- Educate, Empower, Elevate > --- > You received this message because you are subscribed to the Google Groups "Management Teachers Consortium, Global" group. > To unsubscribe from this group and stop receiving emails from it, send an email to join_mtc+unsubscribe@googlegroups.com. > For more options, visit https://groups.google.com/d/optout. > googlegroups.com>
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