Professional Documents
Culture Documents
- Ethics and profits are not incompatible, this is because a business who runs ethically will always have profits even
small amounts. For example, if a business shoes to cheat or exploit their clients, although they had business at that
time, the client will most likely not do business with you again. If they were fair and ethical, in the future they will
have repeat business with same client, additionally that client will recommend them to other businesses. This does
not only apply to business-client relationships but business-employee as well. As a client, I wouldn’t want to
transact with a business if they are not treating their employees fairly and their benefits and wages are not
rightfully provided. I wouldn’t want to be involved in that even if their goods and services are the lowest in the
market.
- If a business considers money and profits as the only measurement of their success, maybe they’ll survive now but
they will soon face the consequences.
How you make profits is more important than what you do with profits.
- For me sir, this is the cliché that the end does not justify the means, opposite of machiavellianism. For example sir,
I’m a politician and this big medical company offered me 5million so that I will favor their product during the
bidding of hospital equipment. The hospital personnel said that the medical device that they are selling is not as
effective as the other one and might even cause burns on the patients occasionally. Even though I already know
that fact, I still chose to accept the 5million peso bribe but I used that money to build a public library for the
students. Even if I didn’t take the money for myself, even if I donated it to build a library, what I did was still illegal
and might even cause harm to the patients that will use the equipment. Even though my intention was to help the
students, I still did it in an unethical way. So for it’s better to have small profits and donate in small amounts rather
that compromise our ethics.