Honesty in Business
Leena | 08 Jun 2006
Its all about working and functioning of business. Also, how it treats its customers and takes care of the society.
Transfer or exchange of goods and services. Its primary
Objective is to earn profits.
In business " you need not be dishonest.’’
Dishonesty is not at all important in business dealings.
They should be fair and fine. There must be an
Atmosphere of discipline which is required in every
Yes, a little dishonesty is required to maximize
Profit and expand business activities without which a
Businessman cannot survive. It doesn’t mean dishonesty
In complete sense, i.e., a businessman has to sell the
Product at a price higher than the cost price. But, it
Shouldn’t be much higher. His profit margin should be
Moderate otherwise he would be called dishonest.
Today, customer awareness has become an
Important part of the society.
A business enterprise must concentrate over
CUSTOMER ORIENTATION. Customers are cheated.
Specially, when they are unaware of something. They
Are charged much higher prices, provided adulterated
Goods and not provided fair quality products.
Duty of informing the customer about product and
Quality should be fixed on the seller of it. Moreover, a
Customer is free to make choice from different
Available in the market at competitive prices. He
Is called the king of the market. A business cannot
Grow in his absence. If the businessman serves him
By providing fair quality goods at reasonable price
Then he would also serve him by buying his products.
There must be fair dealings between the two
Business enterprises. No cheatings should be there.
Thus both the enterprises should take care of rights
And benefits of each other.
A wealthy man can do much better than an
Ordinary man but wealth often spoils man. It brings
Comforts and luxuries as well as evils for him.
Until a man serves the society, he cannot be
The big business emperors of our country like
TATA, BIRLA, RELIANCE, BATA, LIBERTY etc
Have been able to succeed due to their good nature
And services rendered to the society. They have
Been able to establish their goodwill and reputation
Not only in the market but in the country as well.
Therefore, honesty is the biggest policy which
Every human must follow.HONESTY NEVER GOES UNREWARDED.