In running and developing a business, skills are not only required. To be able to develop a business also requires business ethics. Ethics in running a business are unwritten rules regarding what is right and wrong when running a business. In the business world, understanding ethics is very important. Without ethics in doing business, it will make competition unhealthy and bring down one another.
Purpose And Benefits of Business Ethics
Business ethics serve many purposes. One of the goals is for business owners to run their business in a healthy and good manner. Also, understanding ethics in entrepreneurship aims to direct business owners to create good management so that their business can run smoothly. Also, this principle can be used to create a good self-image of a business owner. Not only that, but business ethics also has several important benefits for a business. Can make the business have credibility and a good image in the public eye. Also, with ethics in doing business, the relationship between employees and management will be well established and of course, the company can uphold good values so that the company can develop well.
Traits of Business Ethics to Have
If you have a business, of course, you have to pay attention to what business ethics are needed, and various ethical values in doing business that you must learn. Because it is not impossible that ethics in business can be one of the factors that influence success & failure in entrepreneurship. The following are ethics that you must have when entrepreneurship.
- Be Honest
The first ethics for a business that you must have is, to be honest. Honest here can mean honest to investors as well as to consumers. You need to be honest with the customer or client. Consumers or clients have the right to know about the products offered by your business. Both from product ingredients to product quality. You must not make false statements about the quality of these products. Don’t let your customers or clients fool you. If you lie to a client then it can give your business a bad image. You also shouldn’t lie to potential investors. Tell the potential investors honestly about the condition of the company. Being honest with potential investors will not only make investors confident in your abilities but also your business. - Be Kind To Everyone
The next business ethic that you must have is to be kind to everyone. By being kind, you will have a good image. That way, your image will go up. Not only the image but also the business image that you have. Besides that, a good attitude will also make your business partners reluctant to you. - Anti-Bribery
This business ethic is very important for you to have. Bribery is a common cause in the business world. But don’t be tempted to accept bribes. Taking these bribes will seriously damage your image as well as your business image. Also, accepting bribes will certainly hurt you because investors will withdraw their funds. Not only that, but you can also be threatened with legal matters. It is therefore very important that you have a firm attitude and refuse bribes. - Be Mature
You also need to have this ethic. Having a mature attitude will benefit you in running a business. If you don’t have the attitude of maturity then you will have a hard time running a business. You shouldn’t put ego values first when doing business. To be able to make decisions in the business world, you must have a mature attitude. If you have an immature attitude it will make business partners hesitate to have a business relationship with you. Ethics in doing business is not only needed as an attitude when meeting business partners but also an attitude that must be shown to clients or consumers. By having good business ethics, you can build a good image too. Besides that, your business image will also be well known by the public.