Lots of companies spend millions of dollars per year on advertisements, serving the community, cleaning up the environment, fighting aggressively against the odds and handling the eco-system. Moreover, they spend enough money to set up good business ethical rules in their company to grow the reputation of the company. Companies with ethical rules have always gained customer importance and it helps them grow for future expansions. Lets take a look at some of the organizations who follow ethical rules religiously based on the type of the business they are doing so as to cause very minimum damage to the environment, the people working in their company, obeying the governmental rules and some have stated their bad experiences too. The business ethics cases allow you take a deeper look as to how company operates and what goes in to building a reputation for the company:

• A winery in California practices its operations keeping in mind the environmental aspects and thus manages to make good profits even after spending money to protect the environment.
• According to Ben and Jerry’s co-founder, Ben Cohen stated that if progressive thinking gets too far of convention it can lead to some disastrous effects to the company. He experiences this when he had started a company especially to help the environment.
• The CEO of Apparel Source Inc., Duncan Berry faced ethical dilemma when he learned that his company produced massive amounts of pollution. He was an ardent environmentalist and believed in greener environment.
• The environmentally conscious companies actually recycle their obsolete computers rather than leaving them in a landfill to fester for years together.
• A young entrepreneur helps the disadvantaged minority section of the society and the younger population to get in the technical position.
• A restaurateur in Philadelphia helps create a social change by donating a part of her profits to charity and also help the socially conscious restaurants network to bring in more customers.

Businesses around the world follow ethical standards set by their own parent companies and also follow the ones set by their government. The business ethics cases provide a deeper view at how the industrial policies work and what the companies ought to be following.

The business and accounting ethics helps you to understand the way business interactions needs to be done, they especially helps when you are one on one dealings with your clients. Some businesses hardly adhere to business and accounting ethics; perhaps this might be the reason why many organizations nearly fail to get good reputation because of the bad debts and inability to serve their customers well. The corporate world is not just about making money, it’s a deeper field that only a true entrepreneur can know given the amount of ethical values he possess. Accounting ethics helps you manage your regular business accounts with no misinterpretation of money account in an organization. Business is all about making money, but the bottom-line is that you should be capable of handling your clients and the investors who are putting in money in your company. Capitalism is the prime most important elements, which plays a significant role in running your business successfully.

The business and accounting ethics are very much part of your business whether we may agree to the fact or no. The businesses globally who have good market reputation are seen to have hardly getting in to business ethics that is the reason why many companies have been charged millions for breaking the business ethical laws. Companies usually do adhere to ethics especially when it comes to customer relationship and not breaking the business laws. Business ethics applies to each and every area of business whether it means breaking the agreement with your partners, showing misinterpreted advertisements on the televisions, child exploitation, such companies get fined time and again for their unethical behavior.

The Business Ethics are the prime most important elements to inspire any number of people working in an organization. To grow your business, it is important to realize the business ethics importance that will directly impact on the productivity of your company. Some people think that business ethics is a relative term and perhaps they may be right, as Business ethics are a lot of subjective topic. Ethics create greater value for a organization and bring in discipline in all the areas of a business community. Employees need to understand the business ethics importance so to ensure that everything is working well within an organization.

The ethical organizations calls for a better business value and establish great customer relationships. Ethics call for a bigger role, when they remain established in the deeper corners of the company that brings in more prolonged good working for a company. Ethics create immense value and hold employees confident of their working in a company and make them more loyal to the company in a longer run. The ethical approach in a company helps solve critical issues in a company and also to ensure a legitimate business model in a company to achieve long-term goals of a company. The recent events happening in a corporate world of America have shown how destructive effects it can have if a company has no ethical values. A good business is always based on ethics, it very much means that people in an organization adhere to proper standards of conduct with business people outside and within the organization.

The multinational companies always follow a fixed set of rules, which the workers in the organization adhere to. Business policies and strategies in an organization are set in accordance with their work culture and some companies manipulate the policies based on their work culture and ethics. Here are some of the very good advantages of business ethics policies in an organization:

• The business ethics help the investors and customers of the company to practice themselves the ethical values practiced in the companies they partner with. It helps them achieve a common business goal.
• The ethics in an organization helps to bring out superior employee performance in terms of productivity and establishing cordial relationships amongst the employees and the management. Ethics help built in morals amongst the employees of a company.
• For a company to grow, Reputation is one of the most important possessions a company should have in order to stand in the market amongst its competitors. If the core management of the company is ethical based, it sends out a strong message in the markets as well.
• Ethical education in an organization brings in for International regulatory developments, which provides for strong financial and legal incentives for bigger corporations to grow and develop their business.

The companies are regularly upgrading their ethical programs to encourage the employees to aim for bigger goals so as to maximize the profits of a company. The ethics policy has been proved beneficial to companies especially during turbulent times, it provides integrity to an organization to stand by its rules and regulations. The business ethics are also said to empower the employees in to working hard and achieving bigger results. Ethics help to build the moral of the company and develop teamwork amongst the employees to increase the productivity. Ethical policies of a company are set so that everyone in organization work in a similar way and as they get used to it, they would really know what are advantages of business ethics policy to the organization, for the organization and for the people working in an organization.

We pass through different circumstances in life and each one of it has some lesson to teach, you might not know it now but may be later stages of life. Every moment of our existence is a lesson to learn and experience something new that shapes our values and also the character. You might agree with me to the fact, that we act different although we might be thinking differently for someone or something. I have often seen while driving to my morning gym session, people taking illegal car turns because no one is watching in the mornings, now that if you truly stand by your ethics and moral standards for a country, you wouldn’t do that, would you? While the story during any emergency is different, but do you feel that action clearly states something about your character, well it says the fact, that no one is watching so head on! Nobody really cares for moral values where everywhere we get to see so much of corruption and people blindly without giving it a second thought follow it.

Some people are of the character, they don’t care for anything, they do as they please while you might behave like a proper gentleman in a company meeting and the same night you disrespect a women, now that you know that it is not going to have any impact on your reputation because no one from the company has seen it. While this may be case in our daily lives too, people act differently outside but inside story is something else, couples being lovey-dovey or standing close hand-in-hand doesn’t signify their true love, they want to show world how happy they are and that they are really living a high-life. Every character has 2 sides of the coin, one that behaves as it is and the one that is trying to behave something else and the character may be even more loose when it comes to pride and the ego in an individual, the morality factor dies in your when you want to prove yourself right, that’s your ego which governs your true character, and you don’t even bother to speak any shit even when standing in front your company CEO. Now that’s a twist in the character which is more self centered and egocentric.

A strong character has 2 basic foundation stones one is integrity and the other is courage, you loose out on your integrity when you try to prove yourself right and other’s behavior start affecting your mental state. Have the courage to face the truth, don’t hide behind the bushes to save your face, the fact will remain forever, even when you are out so why not face it now?

Business ethics are especially important today because companies are doing business at larger scale and that would mean larger work force there is dependency on each other to get the output, if one goes fail then everything else or everybody else suffers. When a person is firm on his ethics, we are sure that nothing would go wrong and if at all he makes mistakes, we can show him sensible course of action, which would change the results. Some people might mistake moral values for ethical values and vice versa, although they sound very similar there is some difference in them the morals are external things, and are a set of imposed rules while ethics are based on principles which a person follows from the very start, its an individual thinking of each person. For a person to study proper ethical values it is very important to let him know the ethical understanding and what stands the base for these values.

For our better understanding, we can distinguish the stages of ethical understanding, each playing a different role though all are inter connected:

1. The very first stage of ethical understanding is the obedience and punishment stage where a person tries to avoid the punishment and he may give excuses like, “there is no point in getting in to trouble”.
2. The second stage is that of self-interest and a person might be very eager to behave nicely because he expects some reward and the mental thinking of that person is “if I do this, I will get that”.
3. The third stage is the conformity stage, this stage a person is already gaining some intangible reward and he thinks, this honor will surely please some of his close family members.
4. The forth stage is that of authority in which a person is seeking a good social status and gaining reputation and he thinks, that people will treat me as a respectful person in whatever field he might be in.
5. The fifth stage is socially driven, a person has some behavioral changes, which turns into his principles now they stand on the fact that, “living a good life is being considerate of others”.
6. The sixth stage is ethically driven stage where in a person sets some values which he will follow and makes his aim to follow the personal ethical code.

People who follow their duties and principles religiously are the ones successful in life, the most successful of people I have seen are stuck in stage 1 and 2, some of them don’t even go beyond that stage, none of these stages require the ethical thoughts to move one, its only in the later stages, they require some thoughts relating to personal choice and reflection of their actions. The only advice is want to give you is don’t go overboard or set some ethical standards to please others in authority, be in your own control and take the steps which are really needed, the real true value of ethics will arise when people think over the subject matter and values it. Ethics are different from morals, we have seen that earlier, Ethics means exploring our own self and take your thoughts to a more moral or valued destination, ethics are not to be imposed, they develop within one’s own inner self and it’s the idea of living freely with ethical values instilled.

Handling a huge business is no small job, and it isn’t very easy too, there are going to be different opinions and results based on the output of the organization, there is where the role of business ethics arise, the proper implementation and execution of the functions set in business ethics cod of the organization will lessen the disagreements thereby paving way for a more powerful functioning and utilization of the resources. Business ethics are directly connected to economic status of the company, the value based roles that individuals play in an organization is highly dependent on the business ethics that are instilled in them.

The business management students are taught on the basics of business ethics, that will help them deal with different types of situations, individuals in this highly competitive business world. Learning business ethics helps to avoid unethical means of gaining popularity or earning money, the right things needs to be done for the right results, business ethics helps to follow a particular business trait and follow the path of righteousness which will get good respect and recognition for the organization. The topics of business ethics are highly developed in recent years and there are lots of research being done in this field for setting up the best practices in a business venture.

Business ethics are the sensible behavior in which an individual adheres to business standards, it helps in their daily dealings with customers or clients or colleagues. Different business may have different rules and ethics to be followed, they are diverse in nature as the number of businesses involved, the set rules by the companies become their very own business ethics to be followed and may not be changed at whatever given circumstances. It’s a proven fact, that a particular thing can run or ruin your business and proper execution of business ethics will surely give good results by having a proper reputation for your business in the industry. Good business ethics brings in good behavior and that leads to more sales and highly appreciative clients and customers so they should be very much part of any business moral commitment. Business Ethics stay in organization for longer period of time as much till the time the company is in existence, so to built up the reputation and go on with the legacy, its important to follow them religiously, no matter the circumstances – it helps to put up faith in your customers.