The most effective way for a businessperson to maximize profits over a long period of time is to follow the highest standards of ethics.
Discuss the extent to which you agree or disagree with the opinion stated above. Support your views with reasons and/or examples from your own experience, observations, or reading.
Some people claim that following high ethical standards is the best way to maximize profits in the long run. However, this claim seems to be more of a normative statement than an empirical observation. The issue is more complex than the speaker suggests. In my observation, the two objectives at times coincide but at other times conflict.
In many ways behaving ethically can benefit a business. Ethical conduct will gain a company the kind of good reputation that earns repeat business. Treating suppliers, customers and others fairly is likely to result in their reciprocating. Finally, a company that treats its employees fairly and with respect will gain their loyalty which, in turn, usually translates into higher productivity.
On the other hand, taking the most ethical course of action may in many cases reduce profits, in the short run and beyond. Consider the details of a merger in which both firms hope to profit from a synergy gained thereby. If the details of the merger hinge on the ethical conviction that as few employees as possible should lose their jobs, the key executives may lose sight of the fact that a leaner, , less labor-intensive organization might be necessary for long-term survival. Thus, undue concern with ethics in this case would result in lower profits and perhaps ultimate business failure.
This merger scenario points out a larger argument that the speaker misses entirely-that profit maximization is per se the highest ethical objective in private business. Why? By maximizing profits, businesses bestow a variety of important benefits on their community and on society: they employ more people, stimulate the economy, and enhance healthy competition. In short, the profit motive is the key to ensuring that the members of a free market society survive and thrive. While this argument might ignore implications for the natural environment and for socio-economic justice, it is a compelling argument nonetheless.
Thus the choice to follow high ethical standards should not be made by thinking that ethical conduct is profitable. While in some cases a commitment to high ethical standards might benefit a company financially, in many cases it will not. In the final analysis, businesses might best be advised to view their attempts to maximize profits as highly ethical behavior in itself.
雅思分类词汇整理:烹饪技巧
雅思分类词汇整理:购物
雅思分类词汇整理:热门词汇解读-5
雅思分类词汇整理:职衔职称-6
雅思分类词汇整理:职衔职称-7
雅思分类词汇整理:工作经历
雅思分类词汇整理:留学期间常用词汇
雅思分类词汇整理:酒店外部设施
雅思分类词汇整理:热门词汇解读-1
妙趣“横”生的雅思单词
雅思语法模拟练习(1)
雅思分类词汇整理:教育程度
雅思分类词汇整理:职衔职称-5
雅思分类词汇整理:签证
雅思分类词汇整理:口语精美语句-2
雅思分类词汇整理:变形金刚人名大全-3
雅思分类词汇整理:化妆品
简历写作词汇大全:工作经历
雅思分类词汇整理:家用电器
雅思分类词汇整理:热门词汇解读-6
雅思分类词汇整理:高频口语小词(4)
雅思分类词汇整理:热门词汇解读-4
简历写作词汇大全:教育程度
雅思分类词汇整理:田径运动
雅思语法模拟练习(2)
雅思分类词汇整理:流行词汇
雅思分类词汇整理:人体器官名称
雅思分类词汇整理:应聘职位
雅思分类词汇整理:口语精美语句
雅思阅读高频词汇
不限 |
英语教案 |
英语课件 |
英语试题 |
不限 |
不限 |
上册 |
下册 |
不限 |