What are the concepts of basic business ethics?
The most basic concepts of ethics of business ethics can be summarized as values of honesty, integrity and justice. Precise behavior will depend on country and society. Honesty concerns ethical advertising and adequate costs of product or service quality, as well as a company that maintains its word to all that it deals with and in everything it does. Integrity covers a wide range of ethics, but includes problems such as social and environmental responsibility. Justice is one of the very basic concepts of business ethics in that it can refer to the simplest form of treatment of all people in commercial negotiations, whether buyers, employees or customers, fairly. The basic business ethics of the justice concept can be tested by analyzing the negotiations and commercial behavior of both parties by an objective observer. Ethical business negotiations, which are sometimes referred to as fair conditions, should be profitable or beneficial for both parties. Among the ethical business concept of fair play is the fact that they mustto be made profit, but not at the expense of fraud.
Integrity in business includes the social aspect of being considerate and fair to others and at the same time realizing profit. It also means concluding agreements and promises. Whether the employer promises employees to increase or the seller agrees to deliver the highest quality goods, the basic ethical concepts of integrity means maintaining the word and following. The reliability and narration of the truth are the basic concepts of integrity ethics that are used in all aspects of business from customer service to hiring and shooting employees.
honesty applies to every part of the company's operation and profit. Hondes also concern justice and integrity, because it means telling the truth to others. Honorary businesses sell quality products at reasonable prices. Rather than trying to use others through dishonest prices.
personal ethics is usually considered to be the basis for the operation of ethical businesses. The concepts of basic business ethics should flow to all employees of the highest ownership and management of the company. Management ethics also affects relationships with customers and how well the values are enforced in the workplace.