Understand and Know Together the Principles of Business Ethics

Understand and Know Together the Principles of Business Ethics, In social life, interaction is important. But there are limits that must be done, these limits are norms, rules for interacting.

One form of interaction that occurs in society is business. Business includes the activities of making, buying, selling or exchanging goods or services for the purpose of making a profit.

Business also requires ethics in order to create healthy competition between companies, work contracts, maximum for individuals and companies and create a balanced environment.

Here are Some Definitions and Ethics in the Business World

Business ethics must be in line with the principles possessed by the perpetrators. Principles are statements of truth in general and individuals that are used as guidelines for taking action.

Understand and Know Together the Principles of Business Ethics

As quoted by Unews.id from various sources, the principles in doing business can be stated in the following points:

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Understand and Know Together the Principles of Business Ethics

Autonomy Principle

Competence of business people in making decisions must be good, the principle of autonomy views it as the authority of the company. So that the vision and mission that are prepared have an impact on the welfare of employees and company stakeholders.

Equilibrum

Related to the autonomy of business people, all decisions are not only authorized, but must be balanced. In other words, the company should not make decisions unilaterally.

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Free Will

Freedom means equalization of opportunities for all business people, meaning that they have the same portion according to their potential. There should be no limit to the interests of only one group.

Responsibility

Besides accepting free will, all behavior must be accounted for. Because in business ethics also discuss the responsibility of business actors.

Honesty

The existence of transparency, honesty, must be applied in behavior in business, so that the business that is built will gain trust.

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Integrity

Running a business requires consistency, thought, speech and actions that can be accounted for.

Loyalty

Having loyalty to a business is important. This can be seen from hard work and seriousness, working in accordance with the vision and mission as well as distinguishing between personal and company matters.

That's a glimpse of information about Understand and Know Together the Principles of Business Ethics. Hope it is useful

source: various sources


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