By and large people who study business ethics are over 20, either thro their regular stream of education,training by corporates.. Sense of ethics develops in a person much earlier than that.It is just a question of what one decides to do with his attitude and approach in life.It is definitely not something one would acquire by learning as a subject.If one has it,he/she has it, else it is quite simple he /she does not have it.And for the latter his/her decision of "no ethics" cannot be definitely improved/changed by studying something.It is a decision one needs to take on a personal level.
By
Radha Anand, HR Manager, MB Metallic Bellows Pvt Ltd
| 01 30 2011 05:08:07 +0000
Yes definitely but not a must. Practical experience goes a long way than bookish knowledge. While bookish knowledge explains the basics, practical knowledge teaches you the intricacies.
By
Jaygopal Raghavan, Marketing Manager, Landmark Group
| 01 29 2011 17:27:06 +0000
Ethics are the vital part and the foundation on which the businees is build. A business which lacks ethical principals is bound to fall sooner or later. Education of Ethics among the employers or employees in corporate world give them sense of awareness about which business pratice is right and which business practise is wrong for the functioning of business. Awareness of ethical education among them will also lead them to apply the knowledge acquired by education. Indulging in unethical practises might be profitable to business in the short-run but it cann't grow business in long-run. Only that business can grow which runs on the philosophy of the idea which says "consumer is the king" and cnsumers will be loyal to only those organisations which will operate in ethical way. As far as learnability of these ethics is concerned (on which most of the participants in this debate are skeptical about) the answer would be yes.
By
shailesh , B.B.A student, kumaun university, ssj campus almora
| 01 28 2011 16:42:44 +0000
Indeed it is! It is important that the fresh blood joining the corporate world understand the rules of the game and play it fair, if we don't teach them what is ethically right or wrong they would be vulnerable to the lure of getting into wrong practices to please bosses who want business delivered at whatever cost.Even if that meant ruining the Morales of their juniors
By
Niraj S Kakkad, Manager - Investments
| 01 28 2011 10:11:50 +0000
no studying business ethics is not really useful beacuse ethics are come iside from the individuals and studying ethics but not implementing it.so it is necessary to develope the overall environment of business that will help to grew the ethics of individuals
By
anjani nandan, DR .K.N.MODI .INSTITUTE.OF ENGG AND TECHNOLOGY
| 01 21 2011 09:34:18 +0000
It is always wise and useful to have basic knowledge of what we are involved with. This is like foundation of a big mansion.
By
Dr.G.S.Rama Rao, Freelancer
| 01 19 2011 11:20:46 +0000
In the long range, when the chips are down, it is the more "ethical" company that survives and gets public support. A company has to run on ethics. While most of it is acquired from values instilled at home by your parents, and some of it from learning on the job, the basic formalisation of these ideas and there interlinkages has to be revealed to the student by way of formal lectures.
By
V. Srinivas, Freelancer, Information Technology
| 01 17 2011 05:27:22 +0000
Why not ! as it is there is hardly any ethics left in this world. So teaching it will not do any harm. But it should not be just taught but enforced by way of practical experience like a project in the final year etc.
By
Jaygopal Raghavan, Marketing Manager, Landmark Group
| 01 16 2011 17:03:25 +0000
Studying anything is good and useful.Knowledge is always power.What is more important is how far the knowledge is effectively used in the wider interest.
By
s.baalu , Consultant, XYZ LTD
| 01 13 2011 12:12:00 +0000
Can Ethics be taught? I believe firmly that it can be ingrained while in school, college or a B-School, however learning it is one thing and resisting the idea of indulging in short cuts or malpractices is different. Why would one need to have that in b-school?
By
Jay Kamath, Co-Founder, Samsara Consulting
| 01 11 2011 09:53:23 +0000
being ethical is being human...we shouldn't forget that, more specifically when we are doing business where there are many shortcuts to earning money...but earning it ethically ... should matter more!
By
Suyashi , HR Recruiter/Consultant
| 01 10 2011 17:16:38 +0000
Business ethics is related to give and take respect within corporate personals and i believe it add more value to the human resources which is a core part of any organisation.its great if studied business ethics are put into practice..
By
Dr Zaid, Freelancer, Pharmaceuticals
| 01 09 2011 08:51:34 +0000
Yes. It is really useful. It will help develop behaviours on the part of corporates and executives , to be honest and just in their dealing with their customers, employees and society.Will prevent Enron / CWG like scams .
By
J R Mohan, Director (HR), Galgotias Educational Institutions
| 01 09 2011 05:58:08 +0000
You should be aware. You live in society and have to follow social norms. An ethical company in the long range does better. At times, if the going is tough, because of the ethical backing it gets societal/employee support
By
V. Srinivas, Freelancer, Information Technology
| 01 09 2011 03:40:46 +0000
how much worst may be the company but still to get profit they should provide some good quality to their products so thats what is the ethic...! they study or not it does not matter just we need it..!
By
vishwanath kushnarla, B.Tech/B.E. student, vidyavardhaka
| 01 07 2011 17:17:15 +0000
See if someone is unethical in the common-man world and if he is being identified by the others then he is being laid aside. Just like the same, if one corporate is unable to deliver it's code of ethics then that would be laid aside by the investors first. Then I think all of us very much know the result.
By
Bhaskar Goswami, Derivatives Dealer, Nirmal Bang Commodities Ltd
| 01 07 2011 09:35:33 +0000
I do agree with this. Business ethics at-least motivate the Corporate world to build the basis & construct a marvelous edifice on it, if it desires to grow well among the consumers / masses.
By
KALIYAMOORTHY , Oil & Gas Area Coordinator, Undisclosed
| 01 07 2011 08:40:54 +0000
Capital owners and land owners are functionaly considered as the 'productive labor' where as the others like butcher, brewer or the baker is considered as the non-productive laborer ie; those who are not engaged in creating capital or improving 'wealth of a nation'. Productivity is defined as improvement in wealth of a nation. Now if societies need to survive for long they need to follow 'existential norms' which according to Plato is being 'authentic' in ones actions and words. Ethics fulfils this idea of maintainance of 'authenticity' in business processes and transaction in designing, manufacturing, marketing and employing. So it is a necessary component of any Nation States commerce if it need to exist for long. Nowadays, companies do maintain a 'corporate governence' department, which looks into the ethical problems in executing daily processes. If some new process need be implemented on a daily basis, one has to get permission from the corporate governence department, which is factored as accountability, responsibility and transparency in actions.
By
Mathew Cherian, Research Associate/Analyst, Western Michigan University
| 01 07 2011 07:42:53 +0000
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Assuming that the question is posed in the context of corporate scams and business disasters, I would argue that studying subjects like Business ethics would be a waste of time unless motivated by an academic interest or intellectual curiosity. Take any business/corporate disasters or scams and you can see an element of ethics lacking in the anatomy of the issue. Be it the Satyam scam, the BP oil spill, the City Bank fraud, the fall of Lehman Brothers---or for that matter the entire chapter of economic downturn which we are trying to whisk through—an ethical spine is lacking in all of them. And peculiarly enough, that ethical element is made null and void by a single factor: greed. There are issues of ethics existing not least because of a lack of learning or education. It stems from a lack of character, or in business parlance, a lack of professionalism. But to fix greed, you need to fix a man! Inculcating ethics from a young age can be the solution, though it is debatable as to how. Schooling ethics would be a flawed attempt even as proper parenting and patronizing of good deeds, a right mix.
By
Rakesh Neelakandan, News Editor, Commodity Online
| 01 09 2011 13:23:23 +0000
Even with business ethics, when professionals enter real corporate world , they see, there's nothing as ethics!!, its just about grabbing as much money as possible. At least in India , most businesses are just like that. Even if you apply ethics to your company, your superiors and owners will not tolerate such ethical behavior, as it can reduce profitability.
By
Abhijit Anand Prabhudan, Admin/Facilities Manager, Ca*****
| 01 09 2011 12:46:13 +0000
Studying Business Ethics and implementing those in real life environment are two different things. As my friends have stated that one cannot implement these things in the real environment is very difficult.
By
kanukurthy sudershanrao, Operations Manager, Andhra Bank
| 01 07 2011 01:34:57 +0000
With so many scams getting exposed in the corporate world and involvement of top management, its hard to believe that ethics are followed. Recently CFO of honda group was found to be a part of Citibank scam. Whats the fun of teaching ethics when this is a practical face of it? what should be the steps to regulate and control all this nonsense?
By
wasim akbar lone, Master in Finance and Control(MFC)
| 01 04 2011 11:17:45 +0000
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