Business Principles

Every company when doing business are required to run based on business ethics, which is contained in the principles of business ethics in business. Where these principles into guidelines and standards have as a deterrent for any inaccuracies or disability moral ethics in the company's operations.

Well, this the principles of business ethics is very important in a company. In general, the principles used in the business world is not separated from our everyday lives. But the principle is actually applied to the business world is an implementation of ethical principles as in general.

Business Principles

One of the most business ethics theory we know that is based on the opinions Muslich, stating that business ethics has five principles among which there is autonomy, honesty, fairness, mutual benefit, and moral integrity. The first is the principle of autonomy, which a company has the freedom to do the work according to their field and do so based on the vision, mission.

In this case, the policy used by the company should lead to the development of the vision and mission of the company, so that the orientation of the employees and their well-being and prosperity of the community can be achieved. One part of the principle of autonomy is responsibility. When someone realizes its obligations and has the freedom to decide what he thinks is right, then the decision must be accounted for.

The principles of business ethics the second is the principle of honesty. An honesty is important in any business conduct. In this case when a business is not based on the belief that honesty is long embedded will disappear with time at both trust material, commercial, and morally.

There are three scope in relation to honesty in this business activity. Among them is honesty in qualified agreements or business contracts, honesty in offering services or goods between quality and price adjusted, and the last is honesty when it comes to internal work in a company.

The third principle is no justice, where a company obligatory to always be fair to those associated with a business system. One example is the provision of employee salaries must be fair according to the contributions made, there is no difference in serving consumers, and others. According to Aristotle, there are ribs of activities related to justice. The third is legal justice, fairness communicative and distributive justice.

The principles of business ethics that is mutually beneficial fourth, which is not in the business of making There is one party who feels aggrieved. This principle would require employers to conduct business competition are required to be able to bring a win-win situation. And five existing business principle of moral integrity, which every business must keep running really good name (image) of a company. In this case can be done to uphold the principles of honesty, fairness, and also can be of mutual benefit between the members.

 Principles of Business Ethics to its responsibilities

In addition to 5 business ethics principles mentioned Muslich, Caux Round Table, adding that a business manager has a pretty heavy responsibility, which responsibility is both a tribute to a trust given is becoming a business manager.

Among them is the responsibility of the implementation of professional management with the aim to get a reasonable profit, provide information that is true and not far-fetched to investors relating to legal issues and the difficulty of the competition.

Then the subsequent responsibility that is able to protect and develop the assets of investors that have been granted, and the latter is able to respect all kinds of feedback from investors. Well if you as an entrepreneur, the principles of business ethics is mandatory to apply in earnest, so that your business can become larger.