In this article we are going to discuss Honesty In Business and its various important aspects, So read this article till the end;
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Honesty In Business
In this article we are mainly focus Why Is Honesty Important in a Business and The Great Importance Of Doing Business With Ethics so come with me…
What I want to discuss in this article is the basic idea of fairness. Now a days the internet is a great place to do business, but with the constant influx of spyware, malware, and spam, it can be terrifying and frustrating for the average user. I’m surprised at the unethical behavior of companies using pop-ups and spam to sell a product, but now a days it’s not a wonder, because the truth is, these business practices work.
traffic is king –
Anyone who has been working in this area for a long time knows that traffic is king. I think everybody would agree on that, This is Online Era. Here most important thing is that Business is shifting from offline to online and The only big challenge in doing business online is that we don’t always have to look after our customers personally.
However, there are ways to add value to your customers and add value to returning customers. There is need to call someone and thank them for their business. Sending a thank you card doesn’t cost you a lot. I’d rather have a lifelong customer than sell a bow tie overnight to a customer whom I’ve tricked into buying my product.
email isn’t the only way to communicate –
I think sometimes we forget that email isn’t the only way to communicate. Spam is not always the best way to communicate as it is widespread. The internet can be a very impersonal place. Selling a product or business online is an ethical challenge for all of us.
In the fast-paced world of retail chains, being a small business is a challenge. We can’t offer the many discounts supermarkets can offer, but we can offer the value of product services. I urge everyone in the IT industry to spend a little time teaching users what to and shouldn’t do in order to surf the Internet. Your company and your customers will also benefit from this.
The Great Importance Of Doing Business With Ethics
Tax paying habit shows honesty –
When you make money, taxes are incurred, which is the income earner’s worst nightmare. Some governments have imposed taxes that are too high to tax the flow of business. Others create tax laws that now go beyond taxpayers.
Whatever we think about taxes but reality is, it impact directly and sometimes indirectly on our life style, our goal, our passion and even our value system and its philosophy.
We live in a market based economy and business is very fundamental part of that. Taxes help to run economy in best possible direction and honesty is very fundamental value that push us to pay taxes.
This behavior fills confidence in us and make us more responsible citizen. And for responsible citizen honesty is the base…
The word ethics –
Work ethic is rare these days. Maybe it’s because most people make a profit without a work ethic. I do not agree. The word ethics is derived from the Greek word ethos for “personality”. According to this encyclopedia, ethics is a branch of philosophy that defines what is good for individuals and society, and defines the types of obligations or duties that individuals have towards themselves and one another.
trading is not all about money –
If you define profit or income as money, then ethics are likely not required for profit. But basically, trading is not all about money. Yes, it is definitely about profit, but profit is not just financial profit.
In large part, we also need the benefits of a stock that nourishes our heart and soul. Since we are great business people, we need to think about this principle. We need business ethics to achieve these quality benefits. We must care for the virtue of our personality and the public good.
Not only is your work for the survival of your life on earth, but it can also be your path for the survival of your soul. When you’re in business, you can help your employees improve their lives by providing them with the right salaries and benefits. You can be honest and pay your taxes precisely to the government that will eventually develop your country with you.
Clear Conscience fills purity and peace in us –
Doing Business With a Clear Conscience fills purity and peace in us. It is also about the joy of your heart and soul. You are valued and by dealing with ethics you will become a stress free entrepreneur. These and other spiritual achievements come straight to you and the good thing is that you don’t get that type of tax break.
Do business and believe in God. Building your work in God’s place is like building on rocks on great foundations. Let us be friendly and grateful to our employees, because they are our best asset. Give them bread and they will give us a ham sandwich. Let’s pay close attention to our customers because they are our best source of income.
Quotations About Honesty, Integrity, and Ethics
In looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And, if they don’t have the first, the other two will kill you. – Warren Buffett
Honesty is the cornerstone of all success. Without honesty, confidence and ability to perform shall cease to exist. – Mary Kay Ash
I am sure that in estimating every man’s value either in private or public life, a pure integrity is the quality we take first into calculation, and that learning and talents are only the second. – Thomas Jefferson
Integrity has no need of rules. – Albert Camus
Honesty is the first chapter in the book of wisdom. – Thomas Jefferson
Closing Remarks : Honesty In Business
Honest work for employees and customers will inspire your mission. Fair business practices create trust between colleagues, competitors, employees, customers and other individuals and companies. When employers treat their employees fairly, employees have an incentive to promote the company.
Honest entrepreneurs can practice honesty and integrity in any situation. When reporting to investors, filing tax returns and marketing products and services, every owner has the opportunity to conduct fair accounting in any case.
Honesty and transparency ensure that the employer avoids the glare trap of dishonesty and the perception of cloudiness. The conscious habit of doing the right thing becomes a culture that trains your employees and builds your company reputation great.