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.
She is widely seen as proof that good looks can last forever阅读理解答案
2016高考英语外研版必修3《Module 5 Great People and Great Inventions of Ancient China》SectionⅢ速效提能演练
If you have decided to take some English courses in the UK,阅读理解答案
山东省2016届高三外研版英语单元测试Book7 Module3《Literature》Word版含解析
2016届高考英语一轮复习名师点评专项训练:完形填空34
2016届高考英语一轮复习名师点评专项训练:完形填空36
Victor was traveling in a train for his parents.短文改错
2016届高考英语一轮复习名师点评专项训练:完形填空33
山东省2016届高三外研版英语单元测试Book6 Module2《Fantasy Literature—Philip Pullman》Word版含解析
Norm Pethrick, a 36
2016届高考英语一轮复习名师点评专项训练:完形填空35
Some day I happened to find a chatting room in my QQ, 短文改错
山东省2016届高三外研版英语单元测试Book6 Module1《Small Talk》Word版含解析
山东省2016届高三外研版英语单元测试Book6 Module6《War and Peace》Word版含解析
山东省2016届高三外研版英语单元测试Book5 Module4《Carnival》Word版含解析
山东省2016届高三外研版英语单元测试Book7 Module2《Highlights of My Senior Year》Word版含解析
山东省2016届高三外研版英语单元测试Book6 Module5《Cloning》Word版含解析
2016届高考英语一轮复习名师点评专项训练:完形填空39
Some people just know how to start a conversation 阅读理解答案
高效人士有哪些好的日常行为?
山东省2016届高三外研版英语单元测试Book6 Module4《Music》Word版含解析
山东省2016届高三外研版英语单元测试Book8 Module4《Which English》Word版含解析
2016届高考英语一轮复习名师点评专项训练:完形填空32
山东省2016届高三外研版英语单元测试Book4 Module1《Life in the Future》Word版含解析
山东省2016届高三外研版英语单元测试Book4 Module6《Unexplained Mysteries of the Natural World》Word版含解析
2016届高考英语一轮复习名师点评专项训练:完形填空31
2016届高考英语一轮复习名师点评专项训练:完形填空30
山东省2016届高三外研版英语单元测试Book8 Module3《Foreign Food》Word版含解析
你有没有毫无用处的超能力?
山东省2016届高三外研版英语单元测试Book4 Module2《Traffic Jam》Word版含解析
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |