Ethics of business and business relations represents the set of rules which are based on traditional human values and to which members of one organization and partners of the company adhere. Traditionally business ethics of business is based on respect of interests of employees of the company, her clients and partners. It extends to competitors too and means non-use of the forbidden or unfair methods in fight for a niche in business.
Depending on the culture of any given country, ethics and etiquette in business will differ a little. However, 3 coordinated hierarchical levels when doing business will be present at any country anyway.
The professional ethics of modern business includes:
- Universal values which regulate social responsibility of business: job creation, production of any given benefits, care of employees, etc. As for business ethics in relation to buyers of products, it means high quality of goods, honesty in advertizing, reasonable prices. Ethics in relation to personnel of the company is a white salary, full social package, health protection, etc. The ethic attitude towards partners, shareholders and investors is an observance of terms of the contract, timely payment of the stipulated sums, access to open information.
- Macrolevel or ethics of business and business relations in scales of any given branch of economy. This lack of discrimination in labor market, observance of the market competition, respect for a private property.
- World level. This observance of ethics in the relations with suppliers, clients, personnel, shareholders, etc.
Ethics of business is related not only to the company which occupies a certain niche in the market, but also to each businessman. The ethic behavior will not allow the worker to do career at the expense of colleagues, to mislead the management, to poor carry out the duties. Business ethics orders the benevolent and correct attitude towards colleagues, moderate sociability, subordination observance, punctuality, responsibility, etc.
Councils for business ethics
The balanced ratio of ethics and business help to support the councils of domestic and foreign experts addressed to managers of an average and the top management.
- Develop a useful habit: all things which you should face during the day should be considered not only from an advantage position for business, but also in terms of respect for ethical standards. The professional ethics in the sphere of business is important not less, than benefit.
- Carry out all undertaken obligations on time. If you do not keep within — warn about it interested persons and appoint new terms.
- Do not leave own misses and failures without careful analysis.
- In a conversation with people try to understand what remained unexpressed.
- The professional ethics in the sphere of business is based on the rule of three not: be not lost, be not scattered, be not irritated.
Thus, the concept of ethics of business is necessary for relations management between the organization and workers, partners, shareholders, etc. The formal business etiquette creates a civilized situation at office which promotes productive work. The trust and mutual respect of members of one organization is to each other based first of all on social responsibility and also transparency of rules and competent management.