Tuesday, April 6, 2010

Learning Reflection

I feel that every company should have a corporate culture that values ethics and has an ethical backing that shows through the ways their employees work. Ethics is a very broad subject and is not really measured, but it has a large impact on everyone in the business world. A company that lacks ethics is a company that will fail for many reasons. Either no one will do business with them or they do something wrong that makes them go under. Many unethical businesses have been able to stay afloat for a little while but everything just comes down on them like a pile of bricks. Take for instance, Enron. They tried to hid all of their mistakes and were cooking the books to make it look like they were growing and their stocks were increasing. Then one day things started falling and everything came crashing down.
It is important that companies are ethical in their goals and objectives. They should be looking out for the benefit of everyone in the transaction. Businesses should not act in a way just because they are required to do it but they do it for the benefit of society.

No comments:

Post a Comment