Multinational Corporations : are they devils in Disguise?

Points to remember before you participate in this disuccsion:

Assume, you one of the member of a real group discussion. Take the initiative to participate and contribute your thoughts. Express your positive attitude towards providing the solution.

MN s a !evil in disguise. " particularly disagree with the statement. MN s are not only those company that come from abroad and drain away all our country#s resources but MN s also includes companies of "ndia going abroad creating "ndian Market outside "ndia. "t makes "ndia a global economy if if blame that companies coming from abroad are exploiting the resources here we even have to agree with the fact that "ndian MN s are exploiting the resources abroad. "ts high time in this globalised environment that we have to have a globalised approach in our views and accept the companies that are coming up in "ndia from abroad. Nevertheless a stringent control over these companies have to be maintained so that these MN s can never turn into devils for our country and our people.
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Vinod Kumar Malapati said$ %Mon, Aug &, '()* (+$**$,, -M.

" have read so many views about this topic. Now " want to explain my views regarding this topic. MN s are most popular companies in the world like wipro, google etc. MN s provide good salary and good future etc. /ut those peoples are from N"Ts ""Ts """Ts /"Ts etc some other famous institutions. 0ere who are selected students form N"Ts, ""Ts """Ts /"Ts, those are studied by their correspond country government suppose here "ndian government. /ut they served to other countries. This government provide books, food etc. /ut we have worked for other countries. "s this fair1 2hat about other institutes and students. 3o we shouldn#t encourage MN s. 2e have to work for our country. 4inally " concluded that coins has two sides. /ut depends on which way do we like to see1 /ut some development will be there in respective countries by MN s. 52e will work for our country, we will die for our country5. Thank you for your giving this opportunity.
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Ankzz said$ %Mon, Aug &, '()* )'$*6$&+ AM.

7es MN s are devils in disguise as$ ). They take the cream students of a country and make to work for them. Taking an important and valuable asset of that country. '. The youth which the country thought would help the country grow rather are lured by MN s and

they work for the upliftment of other country#s economy, opposing the same country which gave them education and birth. Example$ America has so many brains of "ndia working for its growth, helping the !ollar to see an ever increasing hike leaving rupee to an ever time low.
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Aashish said$ %3un, Aug ,, '()* )($'8$(9 AM.

:ight now 2e as a ountry are going through some !ifficult phase were in :s to !ollar e;uation is disturbing which leads to overall macroeconomic crisis. "mports are high, Trade deficit gap is widening, <il prices are rising so in such situation 2e need more and more MN s to come and invest in our country. 0ence MN s are very vital for our growth. There is another school of thought that says MN s have destroyed our lifestyle %2orking in Night shifts. , then change in eating habits, "ncrease in 2ork pressure but according to me it is part and parcel of development if 2e really want to grow above 6= %>!-. we need to give such sacrifices. As 3wami vivekananda has ;uoted 5>reater the risk and sacrifices greater will be the profits and achievements5.
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#a$in said$ %Tue, ?ul *(, '()* ()$(&$** AM.

As far as " think MN s are devils in disguise but it is also a matter of fact that the government of our country is responsible behind the growing of these devils. "t is true that they provide @obs, reduces unemployment, pays high tax, brings new technology. /ut we should not forget that our country is loosing all its talent minds which are taken by these companies and also if our government could have a better arrangement for the graduates of the country then it would not have happened. <ur government also expends a lot of money behind the students of N"Ts, ""Ts, or other government institutions but at the end their intelligence is used by these MN s. " am deeply concerned towards this fact and amused as well that why government of our country can#t understand their policies. They should arrange for the graduates of the country so that students do not need to go to these MN s.
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&eeksha 'a(ena said$ %Mon, ?ul '8, '()* (&$,($'( -M.

0ello 4riends. "t is always said that excess of everything is bad. That is also true with MN s. 7es, MN s provide good employment, a standard life style, a good platform for exposure and make our country known at the international level, /AT, these all things are only for those who belong to ""Ts or N"Ts. 2hat about others1

Also, they take all the profit to their country i.e. they take more then they give. That#s true that MN s bring new technology but " think, <ur country is also capable to think something creative and make itself known in the world. There are many institutes which give many bright students with excellent mind. "f they all are get hired by "ndian company and get good exposure then " am sure that there is no need of MN s to stand at the international level. 3o, in my opinion, as our country is a developing country, our country as well as country#s students should bring their focus to the "ndian company so that our country can make its own identity in the world.
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'heen said$ %3at, ?ul '9, '()* ()$&&$(+ AM.

" feel that MN #s are doing a good role in the country as they have provided @obs to the country wide and are helping to boost the "ndian economy. MN #s have a brand name so they will recruit the people of iit n nits but the problem is they have made the people working in them helpless because they have long working hours and they don#t get much time for other things. Moreover they are giving a tough competition to the "ndian market and that is in a way a good sign so that people will try to compete with them and in a way pave way for their growth. 3o for a country like "ndia mncs are must.
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*ra+esh said$ %2ed, ?ul ',, '()* (8$'($)+ -M.

"n my opinion, MN #s are boon to our country because it increases standard of life, provides employment to citiBens, gives better services, creates competition in the market, helps in the better utiliBation of army of engineers, doctors, managers etc. "n our country. /ut we should also consider the other phase of this like it will destroy the employees relief, take higher services, leads to corruption, and over exploitation of the natural resources etc. My ;uestion to all of you is why we give priority to the drawbacks of these MN #s instead of recovery of our system. "n my opinion we should provide a proper guidelines to these companies regarding employees physical and mental health, his family concerns, to provide better working environment, strict rules against bidding, involvement of leaders or any government servant etc. 3ince many efforts have been done in past like factory act )8,+, )896 but it should be revised again concerning the above facts.
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Atalmonu said$ %Tue, ?ul '*, '()* ('$)6$)) -M.

Every coin has two points. <ne is positive ant negative. The MN s are beneficial rather then negative points. /ut " am against this. /ecause they provide the @ob only to the best students of "ndia like from N"Ts ""Ts etc. 2hat about rest population, this is difficulty )= of the total population. -rovide the costly things that can#t affordable by whole "ndia. They use the people like a machine, MN s don#t

care about our health, wealth level like promotion. MN s makes their own rules that have many restrictions. 3o think about. Thanks.
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'atyam Kumar said$ %3at, ?ul '(, '()* (8$,)$*8 -M.

0ello friends, 2e must understand the fact that any companies whether they are CocalDlike reliance, Tata etc. E or >lobalD3amsung etc. Ethey are running and expanding because they want to make profit as much as possible. They never want loss. 3o, we should blame the governmental institutions if they are exploiting our resources because they are not amending the rules which stop it. 3o, if MN #s are seeming as devils, it#s devilish intensity can be reduced by bringing some strict rules. This practice has been used many countries like hina. <therwise, MN #s have been proved boon for "ndia. The reasons are $$F. ). /efore liberaliBation in )88(, "ndian economy was running at snail pace. "t needed a boost which was given by these MN #s and we achieved the growth rate of +=F8= and we are now recogniBed as superpower in world. '. 2e can#t blame them that they are preventing the growth of "ndian companies. There are so many companies which have grown unprecedented after globaliBation like "nfosys, Tata, :eliance etc. *. ?ust because of MN #s, the youths of "ndia are thinking about 5Entrepreneurship5 nowadays. ,. Nowadays everyone thinks globally instead of restricting themselves to local. These are the ma@or points, " want to raise here and rest have already been discussed by my fellow friends.
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'onia said$ %2ed, ?ul )9, '()* ('$*6$(& -M.

" don#t think MN s are a devil in disguise. MN s has a lot of benefits. MN s provide a lot of employment opportunities with handsome salaries. The consumers are provided with a huge choice of products with competitive prices. Though MN s give competition to the domestic companies but the fact cannot be ignored that the companies with a good strategy n consumer friendly products can easily compete with these MN s and can survive in the market. "n todays world the main theory is survival of the fittest.
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Anchal said$ %3at, ?ul )*, '()* ))$,6$&& AM.

0ello friends what my view over MN #3 that they are not devils for our country. They are playing a vital role in progress of our country. /ecause of MN our country is also known by different other country they used our fresh mind with it#s full potential. They are the highest tax payers which also helps us in our economy. "ndia right now is in the glorious time of it and mnc#s are the part of it#s success and some where we are standing up with other countries because our product get known on the world level with the help of MN #s and our people work is appreciated on the international level. To make our country future more good we needed the support of mnc#s company. They are good for us and for our country too.
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'ainu said$ %2ed, ?ul *, '()* (,$),$(, -M.

0ello friends, " appreciate with my all friends. According to me 5MN #s are bane to our country. /ecause !uring the last 5:E E33"<N5 time, our country was protected by MN s. 3o, how MN #s are devils for our country5. /ut Every oin has two sides one is positive and other is negative. "t depend on us how we see it. <r how we implement or take it in our life. -ositive side is$ 5/ecause they provides lots of @obs to the freshers as well as unemployed. Also they provides proper platform for prove your self and explore your self. /est thing in MN is they do#t considering the reservations and recommendations. And they are very help to increase >!- tremendously of any country because the are Ma@or tax payers to the country and MN #s are helps to any country for growing at recession time5. Negative side is$ 5They treat a employee like a machine not as a human being. MN #s en@oying here cheap labour. According to there nation they are paying less money. They doesn#t care about @ob security, career growth etc. 5. At last so, Many people are saying that, they are employing at cheaper rates. 2hats wrong in that1 " give an exmple $ if we are purchasing a single thing we will compare the prices from nearby shops. 4or investing such a huge amount can#t they %MN s. get those benefits. 4inally " would like to conclude that MN #s are not devils, these are developing the countries economy as well as supporting the people to have a bright future.

MNcs superior to indian companies?

Multinational company better than "ndian company. /ecause we all know that "ndia is developing country. MN #s provide better @ob, good salary, good in infrastructure suppose if MN #s plans some

pro@ect in our country them most of the unemployed people get @ob with good salary. "ndian company is said to be struggling company and mnc#s company is settled company. MN #s often have monopoly power which enables than to make excess.
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Vis.anath ' # said$ %3at, Aug *, '()* (8$*6$&, -M.

4irst of all " am an "N!"AN so " should like "ndian companies /ut the real fact is MN s are more capable than our companies you know why. ). MN having huge capital and Advanced technology.

'. MN s bring more employment opportunity. *. MN s which will reduce our "M-<:T3. ,. MN s are main sources of our govt income. &. MN s bring ulture.

6. MN s create a good relationship between home and host country. 9. MN s provide Guality goods at less cost. +. Cast but most important MN s are utiliBing our resources effectively.
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/ndian said$ %3at, Aug *, '()* )'$'9$)* AM.

0i friends, "n my view MN s are superior than "ndian company because of the following reason. /ut " never mean to say that "ndian companies are not good. /ecause of the budget is very for MN s H they provide better product, H they spend lot of money on research and development, they also H provide a better salary to their employees that makes employees satisfied hence they work more for the company, they are spreaded in many country so they very less affected by the recessions. /ut case is reverse for "ndian country. "ndian economy is growing not yet matured so the companies are also not earning much. MN s are recruiting very highly ;ualified folk. /ut "ndian companies are taking average students.
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'a$itharachuri said$ %2ed, ?ul *), '()* (9$)6$,8 -M.

0i friends,

" think MN s are superior to "ndian companies because the very first reason would be I"ndia is a developing country and the "ndian companies offer less salaries as compared to the MN s because MN s are spread worldwide and the turnover is more compared to the "ndian. I Also there are many MN s that hire resourceful "ndian employees for their benefit whereas "ndia has @ust a handful of employees from other nations who work under them and most of them would be from less economically developed countries. I Also in "ndia there is not much contribution towards the research whereas in other developed countries they solely concentrate on research and practice which is the main reason for countries development. I aste based reservations also play a ma@or role in hiring employees who have the ability to work in the company because of reservations not many resourceful employees are hired.
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0ashi said$ %3un, ?ul 9, '()* )($&9$*' -M.

0ello friends, " will take neutral stand on this topic. Talking about about the MN #s, MN provide growth, better opportunities, high packages, @ob security and chance to work in foreign. /ut on other hand, "ndia have to pay tax for it. Talking about the "ndian companies, there are many big companies like T 3, A ENTA:E, 2"-:<, :EC"AN E etc which are not inferior to MN in any aspect and have vital growth. Also, there many small companies in "N!"A where we can develop our skills and knowledge more as compared to big companies because less number of employees are there so max work is to be done by employees. 4or eg. "f 7ou see in "T companies, in small companies developer have to analyse the re;uirements, coding, testing, designing himself, while in big ompanies developer have to write code only. 3o, " conclude both are superior but both have same positions.
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Prudh$i said$ %Tue, ?ul ', '()* ('$),$)9 AM.

" agree with all till posted and " believe MN #s plays a vital role in our >!- also because one have to remember that the highest tax paying comes from the MN #s. "f they were generating income for only their nations then are the 3ocial Activists of our country are sleeping1 /ecause of MN #s most of the citiBens are getting @obs and they are able to feed their families. ?ust think about us if we depend only upon the ><JT @obs.
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1hen2appa M said$ %Tue, ?un '&, '()* (+$)*$)8 -M.

0ello everyone, ). MN #s are naturally superior to the "ndian companies when it comes to the sheer infrastructure and efficiency with which the company works. '. 7outh today look for fast growth and increase in the skills of oneself both of these aspects are seen in the fast growing competitive MN #s. *. The companies owned by the government though is highly developed and fully e;uipped, but the factors like profit, increase in skills cannot be seen. ,. ompanies like CKT "ndia#s own multinational company has emerged as a winner, it has taken an "ndian company to the world scenario. "t has emerged as one of the best "ndian multinational company. &. CKT is the best example for the country to increase its own companies productivity and rise into being self sufficient and try to increase the manpower for profits and )(( pc productivity.
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Amit said$ %3at, ?un '', '()* ()$*&$'9 -M.

>ood afternoon everyone " am amit both companies are superior if we talk about "ndia there lots of people are not well educated then they don#t take the entry in MN s companies then " thinks "ndian companies superior for "ndian employee ya if we talk about todays scenario "ndian students are well educated and going on MN s and abroad.
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Karan said$ %3un, ?un )6, '()* (,$*8$') -M.

2ell " have worked with an "ndian company for * years, although all the pro@ects are for A3 clients. " started at a low salary but after * years today it is probably greater than the MN . This was possible because a smaller organiBation means transparency and more challenging work due to less people and your talent gets focus to the topmost hierarchy in organiBation. 3o " would say smaller and "ndian companies are fine to start your career but shift to MN s after a period of time since MN s provide better infrastructure, growth in long time, better pay in long race and @ob security.
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Poonam said$ %Tue, Apr *(, '()* (&$)*$'& AM.

0" 4riends, According to me both "ndian companies and MN #3 has their pros and cons. MN -:<J"!E A3 0EACT07 ENJ":<NMENT, >:<2T0 <--<:TAN"T7, good packages, chance to go abroad and make people to live wealthy life. That can#t be get easily in "ndian companies. /ut due to large work pressure, @ob insecurity create lots of health problem in MN . -eople suffers from hypertension, blood

pressure, sugar, heart attack in small age are going to be common factor. "ndian companies provide @ob security, -ension after retirement. :elaxed @ob, tension free @ob. >rowth opportunity comparatively are less as compared to MN /AT ?</ "3 TEN3"<N 4:EE who are the ma@or factor of causing serious health problem.
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'uhail Khan said$ %4ri, Apr '6, '()* (9$*9$)* AM.

0i friends, " agree with all of your opinion. According to my opinion is that "ndian ompanies are good but MN s are better than the "ndian ompanies because MN s gives us many opportunities such as good salary and chance to going abroad and good packages also. "t is all about only because "ndians. 3ixty five percent are "ndians in MN s approximately. "ndian are the backbone of MN s. " did n#t say is that "ndian ompanies are not good, "ndian ompanies are very good. "ndian ompanies provides us pension after retirement. "t#s good for us. MN #s are very good for there country. My preordinance is both are e;ual and best for us. Thank 7ou.
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4r$ashi said$ %3un, Apr ),, '()* ))$)($*, AM.

2ell " think both MN s and the "ndian companies have advantages and drawbacks. 2ith "ndian companies you have @ob security during recession whereas mncs provide us a better environment to grow and learn, to update yourself with new technology. /ut above all it all depends on a person#s skills and abilities what he gains out of it.
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&e$ said$ %Mon, Apr +, '()* (&$**$,* -M.

According to me "ndian companies are better than multinational companies because due to investment in "ndian companies we increase our national income. "f we are talking about the mnc they are good for only their country not for our country. MN have a negative effect on our "ndian economy. Thanks.
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&ipesh Patel said$ %4ri, Apr &, '()* )'$*($)8 -M.

" thinks that MN #3 companies are better than "ndian companies as they pays us not only good salaries but also the knowledge about the different skills and policies that can#t be get in "ndian companies. After doing the @ob in MN companies our future becomes more secure to take the higher post @obs.
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Pardeep said$ %4ri, Mar '', '()* (9$,+$', -M.

" want to say that as we done our graduation every one wants to get a @ob specially in MN . Means every one knows MN give us a nice salary package. MN provides all the facilities that a employee dreams @ust employee has to do work according to the company#s re;uirements. "ndia is a leading in "T sectors so TATA, A their web into abroad too. ENTA:E, "N4<373 and all others companies are increasing

/ut according to my view, in present time if you have skills you can earn money more than a MN employee at home or in small organisation, it doesn#t matter where you are and how do you do work @ust give the useful output. Thanks.
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Arun said$ %Thu, Mar '), '()* ))$**$&6 -M.

MN means multinational corporation and MN is better than "ndian companies because we all know that "ndia is developing country so MN put better efforts in developing the economies of developing countries. MN provide better @ob, good salary, good infrastructure. 3uppose if MN plant some pro@ect in our country then most of the unemployed people get @ob with good salary, MN starts race to the top rather then race to the bottom. "ndian company is said to be struggling company and MN is a settled company, you say. "f MN #s goes under loss then it will surely effect the "ndian marketLcompany that is what called recession.
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Ankit #e2i said$ %2ed, Mar )*, '()* (8$,)$&6 -M.

0ello friends. " think our "ndian companies are more capable and have more potential then MN companies both inside and outside of our country. /harti Mittal, :eliance, Tata are @ust a few "ndian brands which are globally recogniBed by the international economy. These are the fastest growing companies in the world because of its highly productive employees and cost effective policies. !ue to its cheaper and ;uality services many foreign customers takes the services of "ndian companies. <n the other hand, many MN companies are failed to even survive for a year in our "ndian market. These companies are not able to understand the demand of "ndian customers and thus fails to provide the best of services.
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5ithin said$ %3at, Mar 8, '()* (,$(+$,' -M.

" can#t agree that MN is superior on "ndian companies. 0ere the basis of expectation of getting more salary we @ust go for MN companies. /ut here we forget one thing that in MN companies also more very intelligent "ndians are working. Their effort is there. Cikewise we can also take the "ndian companies to grow up and make it as a good company.

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Prashant said$ %Tue, Mar &, '()* (,$*($', -M.

According to me, we can#t @udge the company on basis of where is came from " meant to say that is it MN or is it a "ndian company. /oth companies have their own vision, policies etc if you see the "T "ndian market there is T 3 leads among of them, which is "ndian company.
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Manikandan7P said$ %Tue, 4eb )8, '()* )'$',$&* -M.

MN is better for all the type knowledge getting how to sell our products and working experience is valuable "ndian companies, better environment to put skill on our best level. MN company#s during training period giving abroad as well as to improving knowledge.
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Venkatesh7V said$ %3un, 4eb )9, '()* (+$('$'' AM.

7es, MN companies is better than "ndian ompanies /ecause MN companies paid big amount of taxes to our "ndia government. /ut "ndian companies are like >overnment companies they felt they are the king in the "ndian market in earlier days, after entering the MN companies it gives more competitiveness to the government companies. And it improves our country economic growth, updating technology, low cost with the best ;uality. an you say with out MN
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companies has "ndia give good competences to global market1

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/ndira Priya &harshini said$ %Tue, 4eb )', '()* (9$)6$,& -M.

3imply we cannot @udge that which company is best because every company has its own vision, way of working process, facilities. And the which has best ;ualities it is the best company and become top company.
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Mukul Kumar said$ %3un, 4eb )(, '()* ()$,8$&' AM.

" agree with you all friends. As my thought MN s is better than "ndian companies. " have some factors which prove that how MN s is better. ) FFFI MN s provide better environment to put skill on our best level. ' FFFI"t provide good packages of salary as compare to "ndian companies. * FFFI "t have good infrastructure.

, FFFI "t provide security, policies, facilities etc. And " want to tell you something that "ndian companies may be MN s like infosys, wipro, Tata etc. 3o my conclusion is MN s is better than "ndian companies.

Satyam Scandal would impact Foreign Investments in India?

ccording to me 3atyam scandal have brought disgrace to our nation. /ut investor do not see only these scandal and ignore years of service we provide by completing their pro@ects on time. There are many other good companies that provides best services then even their countries in their nation for e.g T 3, 2"-:< etc. That is also true that investors will think a lot before investing. /ut " think "ndia need to develop itself to such an extent that these corruption do not affect its economy and become independent of foreign investors and there is a long mile to cover this @ourney. :eally we need honest employees who work not toward their benefits but for whole nation along with them.
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Poonam said$ %Thu, ?ul ,, '()* ))$(&$&& AM.

0i 4riends, According to me 3atyam scandal will affect little bit our Economy but after few days people will forget satyam scandal. /ecause today#s life is busy life no one has time to think about past things. 4oreigners are investing and also will investing continuously in future. There are lots of ompanies in "ndia. 3atyam will affect little but but foreigner can invest with other companies.
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Khan said$ %2ed, May ), '()* (&$,*$&' -M.

0i friends, its a interesting discussion, satyam scandal has impact our economy and it is a black mark on "ndian economy but the other companies are doing pretty good so still good place for investors.
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Amit said$ %3at, Apr '9, '()* (8$&*$(+ -M.

0ello friend " know that 3atyam 3candal has brought a lot of disappointment for the investors, but it does not mean we are getting upset, if ) day get bad in whole *6& days then we should not look upon this, we should look only those *6, days in which our country doing well.
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Palash *asu Roy said$ %3un, !ec '*, '()' (*$*+$'8 -M.

3atyam s scandal had some effect on the news head lines but over all "ndian economy is not effected. "ndia is still a hot spot for foreighn investment and foreighn company knows that very well. "t is a fact that for one company, s mistakes the whole sector is not giong to suffer, and facts say so like company, s like T 3, 2"-:<, "N4<373, <MN"?ENT ET /EC<N>"N> T< T0E 3AME 3E T<: A:E

!<"N> -:ETT7 2ECC. <NE MA?<: fact why "ndia is a hot spot for investment. "t is much cheaper to hire say &( "ndian trained engineers by a foreing firm in "ndia than bringing the same number of employees from their same country. T0ANN3.
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Manashi *harati said$ %4ri, Nov ', '()' (9$**$*( -M.

0ello friends. " think friends "N!"A is not a small country that if a company doing any wrong decision so that this company impact for whole "ndian economy. 3o "n my opinion yes if like 3atyam scandal put a black mark on "ndian economy that is effected also but not whole "ndian economy. /ecause our "ndia has been able to attract foreign investor.
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1handrasekhar7Meru$u said$ %Tue, <ct *(, '()' (&$&($)( -M.

0iO friends. 7es " agree that satyam scandal would definitely impacts foreign investments in "ndia. 2e had heard lot of sayings from our childhood those are words followed according to our fulfillment. ). As to check the rice whether it is boiled or not we check one of it. As per above saying satyam scandal would definitely impacts foreign investments in "ndia. '. "t is not possible to break bundle of sticks if only one stick from a bundle is removed out. As per above saying we will sure recover from these because remaining 88= companies are performing well. /ut " am pretty sure that foreign companies thinks thousand times before investing for pro@ects in "ndia. 4inally " want to say that instead of depending upon foreign investment, if we %as youngsters. had to work hard to develop our country and also further we can invest our pro@ects in other countries %" mean they must wait for our investment, not we.. Thank you.
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Priya said$ %Tue, <ct )6, '()' (&$&'$,& AM.

A big 0ello to all my dear 4riendsO This is a splendid topic to discuss upon. As far as " think, as a ocean is made up of small small rivers so it does not matter if one of the rivers has separated from others it won#t affect the ocean flow. 3< no doubt that 3atyam 3candal was a huge dismal for our economy but we can not @udge the performance of our economy on the basis of performance of only one company. Today we see a lot of foreign !irect "nvestment is being done in retail sector as government has allowed &)= 4!" in retail sector recently and many other likewise measures. 3o " would say at the end that 4oreigners can freely come, invest and can make large profits in our economy.
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5atinder 'in2h said$ %4ri, <ct &, '()' (*$))$)( -M.

0i friends. 7es, it is true that the 3tyam 3candal have a bad impact on our "ndian economy. /efore investing the foreign investors take a lots of time to think, because they are going to invest huge amount. The 3atyam 3candal give a black mark on "ndian economy. "t reduces the fame of our nation.
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Ashish 0ada$ said$ %3at, ?un )6, '()' (8$*+$(9 -M.

0i friends O This is a wonderful topic to discuss upon. 7es, it#s true that the 3atyam 3candal has brought a lot of disgrace to our nation. ertainly, the foreign investors would think twice or thrice while investing huge money in our country. "n our childhood days we have definitely listen that a dirty apple makes the other apple dirty too under the condition that they are in same basket. 3ame thing applies over here, 3atyam scandal hamper the image of other companies which are operating in "ndia.
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8mtiya+ said$ %Tue, ?un &, '()' )($)($)& AM.

"n our childhood we came across this famous saying that a bad fish can make dirty the whole pond. ompanies investing in our country has only one goal that is to earn profit, if they will come across these type scandal in which the employs are taking away the whole money then why they will invest in our country.
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'hra$an Pandey said$ %3at, May '6, '()' (8$,'$** -M.

0i friends. 7es scandals like satayam definitely will effect in this process. Every MN will first check the particular area in which they want to investing "ndia. This would lead atFleast )( percent loss of investment if such a scandal will happen in future.
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5imit said$ %2ed, 4eb '', '()' )($&9$,' -M.

7es friends. 3atyam scandal, such a stain for "ndia. 4oreign invester loose trust on idian companies cB of this satyam scandal. /ut according to my point of view, when ever one thing published in the news paper, the effect of that is being live in human being @st for a week. At this day, ''nd feb, '()'. No one cares about satyam scandle, even they forget the name also. 3o, my meaning to say is, forget the past and live in present. 7aa this thing is also for the foreginors. "ndian economy is not affected by this scandal, and this true, no one cares what happend in the past. "ndian economy suggest the higest values of sensexs, gold, silver. Today sensex is )+&((. 2hat this suggest1is there a recession time1no ofcource not. 3o, forget satyam, focus on present. Thats it. Thnks.
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9arun Pan.ar said$ %3at, 4eb )+, '()' ()$')$*) -M.

7a its true that the satyam scandal put a black mark on the "ndian economy. 4or this the foreign investors had loose the trust on "ndian software companies. And for this sake their was a great impact on our globaliBation. /ut its not a company to do so, it was their employees who will make this type of mistake, and made a big problem for other companies.
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P7Karthika said$ %2ed, 4eb +, '()' (8$)'$)( -M.

7es friends " do agree with your point. "ndia is the attractive place for 4""#s because of high interest rates. The satyam issue affected the economy of our country its a true one. 3o with the help of this issue, we can#t predict that all companies are like satyam. May be one or two company may be unethical towards the "ndian economy, but you can even notice that again our rupee value got to appreciate. /ecause of 4""#s investments towards "ndian economy. 3< if all the companies are ethical means. "ndia will become a developed country. "ts sure.
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9ushar said$ %3at, !ec *), '()) )'$**$(9 AM.

"n our childhood days we have definitely listen that a dirty apple makes the other apple dirty too under the condition that they are in same basket. 3ame thing applies over here ,3atyam scandal hamper the image of other companies which are operating in "ndia. /ut it also does not mean that

other '(( companies are also corrupt. 4oreign investors would definitely think thrice before investing in an "ndian company which they might do not do before this scandal. 3uch type of scandal hamper the image of any country.

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Vithal Vyas said$ %2ed, !ec '), '()) (9$,8$)9 -M.

0i friends, Today world is of globilsation since indain stock market are swallow and narrow and 4"" plays a very important role in stock market. 3ince 4"" put so much of there money on "ndian companies any fraud like satyam do craete a lasting impression on integrity of "ndian accounting trancperancy and audit, though there are several fraud that also occured in others countries. /ut "ndia has been trying since then to overcum from it and making our sytem more transperant and strict by intoducing company bill, revised sch iv etc.
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'o.mya 'hetty said$ %2ed, Nov ', '()) (&$*'$,' -M.

" definitely do not agree to the statement as it is not @ust ) company could reflect the whole "ndia and as people is the common word use to the different human form different countries as the same many companies with different ethical standards, so we should be happy that our country could able to take initiative lead and responsibility for solving the issue and bring back the company to its original existence. which shows the capability of "ndia to take the step and solve the issue in case it happen like sathyam scam.
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*eena said$ %3at, Aug )*, '()) ))$&9$,) AM.

7es, there has a lot of change in the market from past , years as it is a recession time and satyam scadanl has come front in to the media. "t has effect the "ndian economy. /ut as the mahindra concored the stayam now it is inthe better way as it is now mahindra satyam.
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Kamal Kumar said$ %3un, Apr )(, '()) (9$**$)9 AM.

7es, it#s true that the 3atyam 3candal has brought a lot of disgrace to our nation, but it does not mean to look backward. "n )((#s of companies if a company is corrupt, do not mind for it and we should move forward, because there are still more 88 companies. "f we sustain there for time it will not give any gain to us, only there will be loss of time because time is very precious. 3o for that international companies should invest in our country.
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Madhuri said$ %4ri, Apr ), '()) (+$),$(' -M.

onsidering 3AT7AM @ust happens to be a carbon copy of the Enron scandal, we have to but @ust wait patiently before all turns around again. 3ure, 3atyam had its bad position, but then again, its previously earned reputation isn#t so small that it be forgotten. 3atyam happens to be one of the ma@or stakeFholding companies in the market, and in due course it will show its bounce back. And also now that Mahindra and Mahindra have taken over, and its entire Top management :eshuffled, its only a matter of time that investors begin to believe in the company again. and as per 4!", it will continue to flow in no matter, because, we can see through statistics that even when Enron had its moment, "t did not impact the economy as much as that of the scandal itself.

Ethics In usiness are !ust a passing "ad?

>ood morning to everyone. " am pleasure to start this group discussion. 4irst " want to say that ethics is one of the important factor which is to be followed by company forever to develop it. Every company has its own ethics and it should be followed. An ethical person know how to deal with critical situation. Thank you.
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Vipul said$ %3un, Aug ,, '()* (6$''$'* -M.

"n my opinion " want to 3A7 that ethics in business is compulsory in this young generation, because the todays generation believe in ethics. Nowadays a businessman also follows a ethics to increase his business. Nowadays a individual person also follows a ethics for rising in his life. 3o it is fix that ethics in business is compulsory.
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&eeksha 'a(ena said$ %3at, Aug *, '()* (+$)8$'* -M.

0ello friends. "n my opinion, ethics cannot be a passing fad for the business.

"n fact, " will say that ethics are essential for an organiBation to be succeed in its business. /ecause, an organiBation is there if the customers are there. A customer affects the growth of an organiBation in many ways and each organiBation don#t let their customer go. 3o, each organiBation should keep ethics in its consideration as it keeps profits.
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/ndian said$ %2ed, ?ul *), '()* )'$)($'& AM.

"n my view Ethics in /usiness are not @ust a -assing 4ad, to grow a business we need to win costumer as well as employs#s trust, without ethics we can#t get trust of these people, as one of the previous person mentioned about how the educational institutes are demanding a very high donation money for the admissions, it is pretty sure that they are not going to flourish much.
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'oniya said$ %4ri, ?ul '6, '()* (6$))$() -M.

" think ethics in business are @ust passing fad when the particular business became popular that time they uses the trust of customer increases rate of there product and sometimes there service to the customer is not good. This happen because they are not following there business rules and ethics. They know customer always attracted by the brand name so first develop the good brand name after that no need to follow business rule.
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'onu said$ %3un, ?ul '), '()* )($*'$*9 -M.

According to my mind, ethics in business is very essential thing to survive in the market. 2e know that we live in competitive world and in this competitive world if " want to grow my business at the large extent we have to careful about the the relationship with consumer, otherwise our business will collapse and our competitor get a chance to grow in the market. 0ence we %company. can say that our motto is to satisfy costumer at any cost. Thank you.
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Abdur Rehman said$ %Mon, ?ul )&, '()* )($**$() -M.

" agree with the statement that 5ethics in business are @ust a passing fad5 nowadays most of the companies are following their ethics at the early stage of their organiBation. <nce they achieved their target, they will follow the ethics that makes their business in a profitable way, they won#t think about their customers, example networking companies and educational institutes. "n educational institute they will be asking donations to give admissions in their respective institute. This kind of actions is not a good ethics for any business.
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:uile said$ %3un, ?ul ),, '()* (6$*'$** -M.

" believe no organisation can be )(( = ethical. "ts a measure of how much good is your business for the people. A lot of natural resources like iron and aluminium ores are in Maoist hit areas. "f a company there is paying a chunk of its profit to do business, it is directly funding terrorism. /ut would a greater number of people profit if the much needed resources are utilised1 Cikewise, a large corporation may declare to use its profits for developing greener technology, but is it worth stripping the shareholders who were promised greater dividends, Maybe. "ts not possible to do business by being purely ethical, nor can all the stakeholders be pleased at the same time. Also law should not be confused with ethics. Most of us can relate with the movie #>uru# where the protagonist pointed out some legal barriers which were simply put in place to hassle businessmen. /ut he @ustified that by breaking them, the nation and his shareholders, both benefited.
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4mi said$ %Tue, ?ul 8, '()* )($'&$*9 AM.

" completely disagree with this that Ethics in /usiness are @ust a -assing 4ad, simply because in today#s world every business firm understands the importance of ethics in /usiness. ompanies are spending loads of money to get the best available managers in there companies, and " am pretty sure they know the rules of business. To have a successful business you must 4ollow the Ethics, moral Jalues, 3et of rule.
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*ala said$ %3un, ?ul 9, '()* ))$(9$&8 AM.

/usiness Ethics ' simple rules. ). The old customers should stay. They should have there own place in the company. They should be never compromised for anyone. '. The company should attract new customers. They should be able to satisfy them. "t should always be a winFwinFwin %oldFnewFcompany. situation. ustomer is happy implies company is happy. 3imple these ethics are the most important to be followed. "n the fast moving world, no matter how much we change if these ' simple rules are followed " would say Ethics is business are not @ust passing fad.
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#idhi said$ %3at, ?ul 6, '()* (8$&*$)9 -M.

Ethics means follow the rules and regulation and ethics is very essential in the all field like personal

life, business and society. 2e can discuss the one example of ethics in business is TATA company. TATA company always do the work for their employee welfare and this company earn more and more profit and fame in the market.
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;imabindu said$ %3at, ?un '8, '()* )($)+$,9 -M.

0ello Everyone$ " don#t agree with this. 4or any business to be successful in long run, people on either side of the dealing should be profited in a fair manner. 2ithout this nothing can stand long, this is the law of nature. 3o, if in a company business ethics are overruled, maybe it might profit the company at present but in long run it would render devastating. 0ence " strongly oppose the @argon 5 business ethics are @ust a passing fad.
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5aya said$ %Tue, ?un '&, '()* )($''$&* -M.

0i friends. "n my point of view ethics in business environment is not a passing fad. A company must follows some ethical principles for the well development of company. A company that follows ethics have good name in the market. A company must satisfy both customer and employee#s. A satisfied employee will work hard for company and a satisfied customer will buy the products again and again. All these can happen only if the company has ethics. Thank you.
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;arshit :upta said$ %Tue, ?un '&, '()* ('$'8$*, -M.

Ethics means Moral principles that governs by any person or group#s behavior. /usiness ethics is very essential for the smooth conduct of any business. Ethics in every /usiness needs to emphasiBe on the various circles such as customers, employees, environment, societies, etc %by means of providing good ;uality of products, Eco friendly products and considering the moral values of the society. to survive in an everFchanging competitive business world. 3o according to me ethics in business can never be a passing fad. A good ethics will give Triumphant to the business.
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Anmol said$ %4ri, ?un '), '()* ))$*,$,* -M.

Most companies will follow the ethical principal ed down by the society. Most companies run basically on their reputation in the mind of a consumer and investors. /ut what would be ethical is never defined "t changes with every era. 3omething ethical in medieval "ndia would be unethical to us now. 3o if the nature of ethics changes always so how do we define what is ethical or not.
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Pralad &essai said$ %4ri, ?un '), '()* (9$&+$(' -M.

Every businessman should be loyal to his customer. Every business should provide ;uality product and services to the customers. A business which maintains good relationships with the customers is said to have good ethical value.
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Ruchi said$ %3at, ?un ), '()* )($)6$,9 AM.

Not only business everything in life should be in ethical manner. "f anyone wants to grow he should follow a positive ethics. Every famous person or brand is famous for its ethical values followed. To increase a business one should definitely follow an ethics. 4or exampleFthe people always follow a brand not an ordinary person or thing. Most of the follow will like to follow Mr.Amitabh /achchan and Mr.3achin Tendulkar like person for their positive ethics. A person always wants to @oin in a branded company rather than a normal company because it follows some ethics so that one knows what will he earn after @oining.
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Veena said$ %3un, May )', '()* ('$'&$(+ -M.

Ethics and principle on the business or the company stands it forms the core of their policies. Ethics of the company affects it image in the market, employee retention, even affect the investments that company will be allowed to do in the global market. Cets take an example of TATA group, after the '6L)) Mumbai attack, the turn over of Ta@ group increased, and the only reason for this increase is the ethical responsibility shown by the group towards, its customers, employees, their families. This enriched their image and increased the customer belief. ompanies along with good ;uality product or services having great ethical values sustain in the market on the long run.
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Meenu said$ %4ri, May )(, '()* )($'($)9 AM.

Ethics refers to the code of conduct which tells us how to behave not only with the customers but also with the employees. And it must be performed by each and every member of the organiBation. Ethics

is necessary so that the customers feel safe in terms of their right, their product and their benefit. As we know that customer#s satisfaction is the main goal of today#s marketing world, and they feel satisfied only if they are satisfied in terms of product, right and benefit. 2e can gain our customer#s trust if we conduct in a ethical manner. Ethics include everything ranging from providing good ;uality product, with proper price, customer product care, the service term, listen to their complain, feedback, safeguard of their choices, everything. And it is not limited to the customer but it also include employees. A satisfied employee act well on his part. And a satisfied customer will come to us again and again. And this in turn increase our profit.
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Anonymous said$ %Thu, May 8, '()* ))$**$*+ -M.

" would say that company should make the strategies or business plans that would not curb the ethics. 3ince, maintaining ethics is the only way in which a businessman can attract his customers. To outdo his competitors, he should not be mislead in wrong direction because of which the customer might lost trust in the business. 4or "nstance, onsider the 4lipkart which was started by employees of AmaBon. They have @ust maintained the trust and delivered goods on timeP which was their main motive. A recent talk with its E< in recent "ndia Today has mentioned that he followed some ethics. And that is the reason for his success @ourney.
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1hen2appa M said$ %2ed, May +, '()* )'$(9$'& -M.

Ethics in business is never a passing fad. Ethics is important in our life and in business. Ethics brings about a definite goal in the employer and the employee. "t helps unite the goal of employees and it helps in steady growth of the organiBation. " believe the in life or in business we should have strong positive ethics which should be strictly followed to bring about system and order in whatever we plan to do. The ethics of the business should be realistic and sustainable. "t should be fair and e;ual for everyone.
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Ani said$ %Thu, May ', '()* (+$)*$*( -M.

0i everyone, Cet me say something about this topic. 0ere it is all about that the ethics are not valid in the business. >enerally principles are very important in business life. "f one follows ethics in their field, he will definitely achieve success only. 0e don#t want to get fear of any things. "n addition to, following the rules will bring honor to a man. This is the same even in business point of view. 3o it should not be passing fad in business. Every business should have some ethics to follow.

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Pa$ani said$ %Tue, Apr *(, '()* ))$(9$'( -M.

"n my viewpoint, ethics in business is not a passing fad. "nfact, ethical consumerism which is ethics directed behaviour of consumers is picking up its wibe. The underlying reason being the changing attitudes of people towards society and the environment. The companies as well are taking care of this by practising orporate 3ocial :esponsibility which is based on the theme that every business entity has a responsibility for the environment, for the society why contributing their bit. <ver a few years, a surge in such ethical activities on the part of corporate biggies has been seen. 4or instance, "T contributes two rupees to rural education programmes on every purchase f its brand#s lassmate notebooks. "n todays competitive and dynamic market, ethics has become Modus <perandi of businessmen as a marketing strategy to attract customers and create goodwill in the market.
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Poonam said$ %4ri, Apr )8, '()* ))$&($,* AM.

0i 4riends, According to me Ethics in business are not the passing fad. "f you want to run your business for a long time you must have some ethics through people can trust on you. 2e generally prefer to go to that shop for shopping whom we trust whose person has some ethics and we know that this person will not cheat us he always gave us best ;uality.
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Puneet Kumar 'in2h said$ %2ed, Apr )9, '()* (9$()$*8 -M.

Ethics need hard work and hard decisions so never hesitate in taking them and see that the problem of achieving the level of reputation will be eradicated easily so never loose faith in your ethics and work with the world speed and work harder and harder. These are the points for good and healthy business. Thank you. 0ence " conclude that a person must have concrete faith in his or her ethics and must work hard to give healthy competition to his rivals by updating him and by developing him.
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'unil said$ %Mon, Apr )&, '()* (6$*&$*& -M.

Now a days ethics is a things people used this word for other, in fact, there is no ethical things for big business man in the world. They used only for their profit. 2e learned ethics in school or college only, but in my opinion no one have seen ever. "n our country congress party creates imagination for people and our people trust on them and there is a problem. -eople should change their mind who at top level in business and their should be opposed by people whenever it is happening. " think there must be guideline on ethics. Thank you.

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Vi+endra said$ %3at, Apr )*, '()* (6$)9$*' -M.

0i as per my opinion ethics have their own place in once life yes in business too but to some extent only, " think the whole sole aim of businessman is to make profit from market though he must take notice of ;uality but should not be drown by morale duties if he will pay more attention to ethics then competition from other companies will definitely destroy him.
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Par$een said$ %Mon, Mar '&, '()* (*$'($)) -M.

"n my view ethics are the base for any organisation if it believe in long term business. Today, in cut throat era everyone want faith and valuable things whether they are employee, customer and government 3o its depend upon company to company, how longer sustainability they want. "ts as simple as give trust and take trust.
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'mrithi said$ %3un, Mar ',, '()* (8$*+$(' AM.

0i everyone, according to my point of view, ethics is important in business but only upto a certain extend. Mostly business aims at profit and so there will be stiff competition. <ne who strictly follows ethics may not be able to survive in the market as the tough competitors would always run far ahead of him. "n other hand, ethics in business gives long term success to the firm and it always stand to keep up the reputation of the company. "t attracts customers and their trust in the firm but the thing is one should be able to survive in the market until this reputation is achieved.
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0o2esh said$ %Thu, Mar '), '()* (9$,8$') -M.

T0ANN3 for providing us with such a good relevant topic its my pleasure to share my views on this topic yaO ethics in business according to me are important because a customer basically is a king of the market today and ' provide them with a good service is to be ethical in the business unethical behaviour leads to the failure of a business.
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Asmi said$ %2ed, Mar '(, '()* ('$(8$,& -M.

A successful businessman is the one who takes his business for long with the profit this is only possible only when he has ethics in his business because a person can get small profit for without ethics but can go no longer in his business cause once you lost the trust of someone you will never make your image up in eye of them.

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Khalid said$ %3un, Mar )9, '()* )'$)8$(( -M.

Ethics. Guestion is do we really need it1 " believe of course 7E3. 0onesty is the best policy that#s what has been told to us from our childhood, most of us take our parents as role models from the day we open our eyes in this world. " would say, the set of values we have and we get from our tradition, religion and our country is wonderful. 2ithout ethics everything will be for a short span, till the time you don#t correct your basic how can you think for a long term success. Every business should follow ethics or else it will be a complete failure in long run.
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<athima said$ %3at, Mar )6, '()* ))$(9$&* AM.

Ethics of business includes both profit as well as moral values. <ne should not go for a loss in business seeing only the moral ethics, also one should not give up his values and look only for profit. There are variety of business activities which are strictly based on profit like real estate constructions where selling is done seeing the standard of the consumer. /ut others like commercialiBed hospitals should be based on moral values at first then profit. 2hat is really important to know is that making profit is not losing moral values, rather if you make profit in your business you can do several works which will enhance you as a person as well as social being. There are many business which degrade one#s moral ethics like black marketing, smuggling etc but otherwise business is so run by certain sense of ethics. According to me ethics is the most important thing in /usiness. The most important thing taught to any child by hisLher mother is to follow ethics where ever heLshe go. 3< while establishing any business we should not forget our ethics in greediness of profit. 3ome of my friends said that ethics in some aspects is necessary today, but friend losing your own basic %moral. value will definitely give you a @ump in your profit graph but you will not succeed in the last. The profit you got will remain for some time and temporary. /ut it will not give you @oy and peace which you should deserve after all your hard work %Eg. 'g scam. , /ecause your inner soul knew that what ever success you got in business is not according to morals.
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Anupama M P said$ %Thu, 4eb '+, '()* (+$)9$() -M.

0ello, 3ee what ethics do we all are talking about1 /usiness means to compete if, it means to run in battle field if you run you will survive else you will loose. There is no ethics in business, yes there are some basic rules which one needs to follow other than that business is meant to say to @ust grab opportunities and work hard as much as you can and win, and achieve before anyone can.
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=inner said$ %2ed, 4eb 6, '()* ()$''$*+ AM.

Ethics are very important in all spheres of society. Ethics in business play a very important role. 0ad there been no ethics, there would have been no trust between the customers and businessmen, there would not have been any sense of belief and trust among the stakeholders of a business. 0owever, " do agree that in this era, there are people who @ust think ethics as a perennial entity. 4or them it is necessary to understand the importance of it. The reasons for people for younger people loosing belief in ethics, faith, trust is because of the example the society has set for them. <ne can easily find examples of business men cheating other fellow members, government etc.
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#itya said$ %4ri, ?an '&, '()* (*$)*$,( -M.

0i " believe ethics are the basic flagstones of our culture in general. To be more specific, we have all witnessed the doom and demise of onceFaFveryFrevered corporation 53atyam5. 0ad it not been for the mere profits, the company wouldn#t have faced the challenges its now dealing with. " guess internal audits and like some of my friends ;uoted 5 orporate 3ocial responsibility5 groups need to be more effective and vigilant in cross verifying the details of the proceedings occurring in the company. That#s what " guess shall take us all through O
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'umit Kumar said$ %2ed, ?an '*, '()* (&$&+$*( -M.

"n My opinion ethics and values are the base of any organiBation to grow day by day which also leads to a great society too. Trust is something which you can not gain in one day but loose in one second. /y ethical practices one organiBation can earn trust and money both in a long run. 2ithout the ethics a person is like a body without soul. 4or example$F TATA and "nfosys are such organiBation known for their trust because they always follow ethical practices. There are many scam in recent days highlights how unethical practices destroy our trust for them.
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Mayur 5 Pabari said$ %2ed, ?an '*, '()* ('$(,$)' -M.

0ello friends. " would like to 3ay that ethics is not @ust a passing fad. Ethics is something that works as the backbone for any organisation or company, without which organisation can not succeed in long term. /ut in the contrary, if the base is strong ie. "f company is working ethically then it will surely pull off in the long term. 4or example, Take AmaBon, a multinational electronic commerce company which has not profited for '& years since its establishment. "t is the investors who were investing for AmaBon, as amaBon was accepted by consumers. Thus it is the ethics which had helped AmaBon company.

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Allan 1hettiar said$ %Mon, ?an ),, '()* ()$)'$(( -M.

0ello everyone. "ts great to hear different point of views expressed by everyone and " agree that ethics in business is not a passing fad. Ethics simply put means how you conduct yourselves and its important for every individual to conduct themselves in a rightful way to be successful and respected and since a company is nothing but a group of individuals it becomes even more important. Ethics is re;uired for a company to not only sustain but also grow and be respected by consumers by conducting themselves properly by giving ;uality goods at competitive prices with excellent customer service.
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Aaditya said$ %Thu, !ec '9, '()' )'$(($(* AM.

0i all, " think ethics is not a fad but a necessity today. onsumers are all powerful with all their social media tools, tarnishing the image of a company is a single tweet away. Cet us not forget the recent revolution in Egypt was started by a single 4acebook status.
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#eha said$ %Mon, !ec )(, '()' (&$)9$&& -M.

3o far we all have discussed that ethics is important for the business and " also agree to this. /ut is it a passing fad1 According to me the companies have come up with a sugar coated version of being unethical. Jery smartly companies have brought in a new version of bribing as incentives or margins. To attract the customer base the companies have started providing incentives to the dealers to sell their product in the market over their competitors. "n this way all the companies have started doing the same. Thus " do agree with the point that being successful a company should be ethical but due to the competition it is a passing fad.
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Manikandan said$ %3un, !ec 8, '()' ()$')$(8 AM.

0i everyone, according to my view ethics is a important for making regular profit for us organisation. "n unethical business it#s make only short time profit. 3o ethics in business is good one. Thank you.
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'abita said$ %2ed, !ec &, '()' (*$(($'( -M.

0ie to one and everyone, according to me ethics is the most element in business. "f we do business without ethics, we can make profit but we can#t win the hearts of our customer. And this profit doesn#t last longer. 2ith ethics we can make them attracted towards buying our products. And we can definitely spread our business using ethics.
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Atul said$ %Tue, !ec ,, '()' (,$)&$), -M.

0i Everyone, " would like to state against the motion and let me say why. As many of you rightly said, Ethics alone won#t make a name a brand but it is an essential element in the whole mix. 2ithout Ethics, a company or a business won#t be able to sustain itself for a longer term and will sooner than later collapse. Not that there are no unethical brands or companies in the market, but they offer some value preposition that is making them sustain and grow in the market. "t#s not @ust a passing fad, but lies at the very foundation of a long lasting brand. Thanks.
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;ema said$ %3at, !ec ), '()' (,$)'$(9 -M.

As per my point of you ethics can play primary role in every organiBation. <rganiBation ethical values can be reflected into company vision and mission. "f take the nonFprofit organiBation like trustsL society, the name it self shows ethics of the organiBation, but most of the trusts are doing unethical things which will give individual benefits. Take the example of " 4A" "nstitute, its cheated rural area students. Means without A" TE ertification. Thank you.
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Kal>0an said$ %4ri, Nov )6, '()' (,$*+$,6 -M.

Ethics in business is an important factor. /ut we can say that most of the manufacturers have put aside their ethics. 2e can find that from the ;uality of goods at present. "f we buy a pen, it doesn#t work properly or the ink in the pen may leak. Most of the pens are of this type. "f we buy a shampoo, the hair ball can be seen on the bathroom floor after we wash our head. This is nothing but unethical practice of adulteration. 3imilarly, when we look up the costs of the products, the cost remains the same, where as the ;uantity is reduced and packed as two packages. 3o, we can definitely say that ethics in business is a passing fad.
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Aksh said$ %Thu, Nov )&, '()' )'$,)$*( AM.

According to me Ethics in business Are most important. "f we will do business without ethics it will give us -rofit but for a short period but if we do our business with ethics it may give us small share of profit

but it helps us to win trust of the customers. The first and the foremost motive of business is to satisfy a customer if we satisfy our customer and win there trust we will automatically make profit. 3o in my point of view Ethics are the most important element in business.
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'oud said$ %Mon, Nov )', '()' (,$*,$'8 -M.

" think unethical practices can be done for achieving a short term goal of business, because in this competitive market a company won#t survive without doing it and " believe every companies does that up to a certain extent. /ut a company should not make unethical practices as its base for such a long time because if they do someday it will come out in front of people and reputation can be severely hampered, as we have seen many cases in the past.
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&heera+ 'in2h said$ %2ed, Nov 9, '()' (+$*'$'9 -M.

0ello everyone, As we know goodwill is a strong point for any business which help for long term survival in the market and it comes when others show their faith on you, and it is possible when you are ethical about those who is somewhere related to you in terms of customer, employee, partner and for yourself. 3o ethics is not @ust a passing fad while all the long term business is depend on it. 3o need to follow the ethics. Thank you.
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5yoti said$ %Tue, <ct 8, '()' (6$,8$&) -M.

0elloO Everyone in my point of view if any company want long term success and profit it depend only Ethics values of organisation. Mean that every member of an organisation fellow the Ethics value for the success of an organisation.
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Ra+nish :upta said$ %Mon, <ct ), '()' (6$&+$&+ -M.

/asically ethics is the moral principal and values which determines the path for yourself as well as society. The main ob@ective of any business is profit and profit can#t be earn without the trust of customer toward us. May be unethical practices can provide you instant profit but can#t give you long term remain. 4or example '> scam, common wealth scam, satyam scam etc. "s the result of unethical practices. 2ithout the ethics a person is like a body without soul. TATA is known for trust because he always follow ethical practices once the adoption of unethical practices can eat all your goodwill so the key element behind any organiBation#s success is ethical practices.

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Mahak #aran2 said$ %Tue, 3ep '&, '()' )'$(($(, -M.

"t is important for every business to work ethically if they want the long term profit, if they are in the market @ust for the survival for the short term they can earn it unethically for example satyam have opted unethical behavior after that they completely lost the market. <n the other hand to build trust among consumers is important to developed through ethical practices only. There are so many examples in which companies have tried unethically practices and they all went in vain like enron, satyam etc. Ethical practices and behavior is important for long term relationships, to grab market share, maintaining goodwill, brand image, to have @oint ventures, to take credits for short term in the market for all these it is important for the company to follow ethical behavior.
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Anubha$ said$ %Mon, 3ep ',, '()' (9$('$&' -M.

/usiness is not @ust earning 5MACA5%money., it is way beyond it. The management should ponder there thoughts over the ethical use of each and every resources so as to gain market recognition, as well as to each necessary profit through ethical means. Thus the loyalty factor of a various brands are also at stake.
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9e+a said$ %4ri, 3ep '), '()' (8$*,$)9 -M.

Ethics in business are not @ust a passing fad. 4or every thing we do in life there are some ethics to be followed. Cike that there are ethics to be followed in business also. This gives a way for profit and fame. A business with out fame and faith can not get succeed. 3o there is a way for achieving these are to follow ethics. Adding smartness to the ethics leads to constant success.
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Akansh said$ %4ri, 3ep ),, '()' (6$(*$&& -M.

" think ethics is really important for any business to grow for a long time. As we can see present scenario 3amsung has pitifully use the patents of Apple and thus have to suffer, even 3AT7AM has the same result while taking the path of unethically. 3o ethics is really important in business and one should follow it lawfully.
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!-0"#i said$ %4ri, 3ep 9, '()' (*$*($,& -M.

"t#s truly said that if you want to walk ;uick, then walk alone. /ut if you want to walk far, walk together. And this togetherness is not @ust about persons, it#s about the ideals, conscience and above all humanity. 7es, profit is the main motive of doing business, but can we be sure that profits which we will earn at the expense of exploiting, oppressing and cheating others won#t come to haunt us again,

may be sometimes later1 The ethics followed in business will always be the most important. 2hy we want profits for1 for fame, for family. an we be able to say our children and wife in their face that " am clean. 2hat will you do when your child who is made to believe in hisLher childhood that honesty is the best policy and look upon you for a model1 what for, then1 bad practices can make ;uick money but it#s also sure that it would be taken ever more ;uickly again. >reat giants like harshad mehta have fallen in this trap and lost their everything. 2ill we be able to face ourselves then1
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Amit Kumar Rai said$ %Tue, Aug '+, '()' )($(*$'* -M.

To increase the profit is one of the primary aim of any company. Today there is heavy competition in any business activity. Therefore to survive and outpace your opponent some firms are tempted to take illicit routes. The activity of hostile ac;uisition or violating the patents with slight modification in existing technology have been going on for decades. 3ometimes this might result in huge losses to the company. The example of AppleF3amsung case in which 3amsung violated the patent law and copied the existing technology of apple to manufacture their >alaxy tablets and for which it had been ). (& billion A3! not to mention the goodwill loss the company will have to bear shows that ethics holds a very vital value not only in social world but also in business world. "llegal practices might give you success instantly but it is not a good strategy for long term success.
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#ilima said$ %3at, Aug '&, '()' )($,($&( -M.

>ood evening to one and all. !efining the above, business is some type of occupation to earn profit and ethics are ones wise values that you garnish since childhood. /usiness and ethics can partially go hand in hand since business needs to adopt certain strategies and values to gain your profit at the shoulder of others. To be an active opponent and trader one always needs to work as per the system and with it. 3ticking to ones values leaves us abandoned. <ne needs to work out of league to implement the ideas. A selfish approach is always needed but not a self centered one. As per what the others have said, " want to add, had the satyam software not been unveiled, we would have counted it as one of the greatest company. 3o what " conclude is, some times to prove oneself and achieve a long term goal, one needs to adopt a practical approach to compromise and cooperate with the running system.
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8kta *a.e+a said$ %2ed, Aug '', '()' )($'9$', -M.

According to me ethics in business is very important not for the trust of customer but for own because if we do business without ethics it may give us more profit but for short term in long term its very dangerous for business. Ethics build trust and trust earn you profit and be smarter also means whats going on in the market. best example of satyam computers.
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Priyanka said$ %2ed, Aug '', '()' (+$'*$', -M.

" don#t think so ethics is @ust a passing fad in business it is always necessary to use ethics as well as smartness in business .Ethics or smartness alone cannot create success in business. /ut nowadays due to corruption it is very difficult to maintain ethics in business but still people who are maintaining their ethics in business only get longlasting success. <therwise to get temporary success ethics is not re;uired. /ut only ethics cannot maintain success in business businessman should meet re;uirements of consumer K should not compromise with product ;uality. businessman using ethicsF tata motors businessman not using ethicsFsatyam industries you can see the difference K understand the use of ethics in business.