The Great Importance of Doing Business with Ethics |
Money makes the world go round for most people, and business bears that money. Business people will perhaps do anything to achieve the ultimate goal of having a business, and that is to earn income. Net profit or income financially means a surplus of sales or revenues after deducting costs and expenses. Whether you are engaged in profession, occupation, work, or trade, you are in business and speak income. You suffer taxes when you earn an income, the worst nightmare for every income earner. Income tax is your punishment for doing well in business. This sounds ridiculous, but this is the reality, you pay when you earn. Because tax is legislative, noncompliance to this would result in crimes. This thing called income tax had already made billions of liars worldwide. Some governments impose taxes which are already too much to burden the flow of business. Others make tax laws that are already beyond the ability of taxpayers. However, these facts must not result in an enormous number of dishonest people in the world.
Ethics in business rarely exists nowadays. Perhaps it is because, for most people, profit will come without the need for business ethics. This, I'm afraid, I have to disagree with. The word ethics is derived from the Greek word ethnos, which means ""character,"" and from the Latin word mores, which means