The Great Importance of Doing Business with Ethics
For most people, money makes the world go round and business bears that money.
Businessmen will perhaps do anything just 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 engage in profession, occupation, work or trade, you are in business and you speak income. When you earn an income you suffer taxes, the worst nightmare for every income earners.
Income tax is your punishment of 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 results to crimes. This thing called income tax had already made billions of liars around the world. Some governments imposed 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 the existence of 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 of business ethics. This, I don't agree.
The word ethics is derived from the Greek word ethos, which means "character," and from the Latin word mores, which means "customs." According to the encyclopedia ethics is the branch of philosophy that defines what is good for the individual and for society and establishes the nature of obligations, or duties, that people owe themselves and one another. Maybe ethics is not needed to earn profit if you define profit or income as money. But deeply speaking, business is not just for money. Yes it is definitely for profit, but profit is not just financial profit. We need profit that will not just sustain our pocket or our stomach.
Significantly, we also need profits that will feed our hearts and soul. Considering that we are great businessmen, we should extend our minds to this principle. We need business ethics to earn these high valued profits. We must be concerned to the virtue of our character and to the common good.
Your business is not just for the survival of your life on Earth but it can also be your road to the survival of your soul.
If you're in business and had a company, you can help your employees by providing them enough salaries and other benefits that will make their lives better. You can be honest and pay your exact tax for the government who will eventually use it for your country's development. (Assuming your government is straight and not corrupt) But don't mind them, be honest even others are not. We are talking here your soul survival and not theirs. You can also serve your customers by providing them their needs and giving them convenience.
Customer care is so important for your customers as also important for your business to earn public trust and loyalty. If you build infrastructures for your company you contribute to the development of your place in terms of buildings and infrastructures. When you got ethics in business you practice fair business competition. Fair business competition is a challenge for every business to improve the qualities of their products and services, and the end benefits are to the consumers.
Doing business with clean conscience is doing business with good night sleeps. It is also doing business with gladness of your heart and soul.
Gratitude will come to you and you will become a stress free businessman if you do business with ethics. These and other spiritual profits will straightly come to you and the good thing on this is you are not taxed on this kind of profits. As an extraordinary businessman, you do not only set your long-term goals for 10 years or for a life time. You must also consider eternity and set goals to achieve profits that will benefit your soul. You need profits that last forever, profits that will give us everlasting life and happiness, and profits that will earn us the key to heaven.
These profits will benefits us in the short run, midterm run, long run and eternal run, as God is great from the beginning and unto the never-ending.
Do business and believe in God. Building our business in God's place is like building it in rocks which are in great foundations. Let us be kind and grateful to our employees as they are our best assets. Let's give them bread and they will give us a ham sandwich.
Let us have huge care to our customers as they are our best revenue generators. Let's give them good price, high quality products and best services and they will give us their respect and loyalty. Let us be fair to our competitors as they are our great motivators. Let us give them fair game and they will give us the true meaning of winning. Let us be thankful to our Father Almighty God as He is our greatest business partner.
Let's serve Him and He will give us joy and peace of mind..
Victorino Q. Abrugar is a Certified Public Accountant dedicated in business ethics and and spiritual philosophy. He is the author of www.theoldmind.comDistinction: Adjusting vs. Adapting
DefinitionsAdjusting - A few tweaks and you're on your way. Minor changes to accommodate to minor changes, while most of your life and circumstances remain the same.Adapting - Something major has happened, and you won't be able to survive unless you make major changes within yourself, and across most areas of your life. ComparisonsWhen your teenager goes off to college v. when your teenager diesWhen your department changes v. when your company endures a hostile takeoverWhen your husband takes up fitness and moves a treadmill into the living room v.
when your husband takes a mistress and moves her into your place at the lakeExampleADJUSTING:A chameleon adjusts. When it finds itself on a green leaf, it turns green. When it moves to a brown twig, it turns brown. It's a minor adjustment, changing the color of its skin. ADAPTING:A tadpole adapts.
In order to be able to live on dry land, it must lose its tail and gills, grow legs and start using lungs. It must learn to breathe...
Distinction: Adjusting vs. Adapting
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Recycling Export Reform Group Unveils New e-certification Process
Washington, DC (ContentDesk) January 31, 2006 -- Out with the old, in with the new.
January is the month for the sweeping out of used home electronics.
Computers are replaced at Christmas, and new TVs are purchased for Superbowl Sunday. People across the country wonder, what to do with the old electronics?A new electronic certification program sponsored by a non-profit trade association, located at www.wr3a.org, will make that task a little easier.The program is being written by a non-profit export reform group, active in electronics recycling issues.
According to several officials in government and overseas, it is easy to use and makes enormous sense.
The program is based on the transaction, not the user or the destination.
WR3A president Robin Ingenthron explains, "USDA certifies beef, not the butcher.
What may be appropriate to one buyer may be waste to another.
WR3A is trying to focus on which materials are easy to donate,...
Electric generators > Recycling Export Reform Group Unveils New e-certification Process
Teen Phenomenon “B5” Band Releases Autobiographical DVD, "The B5 Story" for Millions of Anticipating Young Fans
Atlanta, GA (ContentDesk) March 7, 2006 -- Finally, the truth, the whole truth and nothing but fun. Teen band sensation B5 releases the highly anticipated DVD story, The B5 Story, which chronicles the bands start from the beginning of their career up to now. Produced by Jamm Entertainment and Robert Townsend Enterprises, the DVD will be released on March 6, 2006, distributed by Green Lighthouse, Inc. and exclusively available online at www.RobertTownsend.com.
Due to the high demand of fans wanting to know just who B5 really is and the enormous success of their first B5 Christmas Special aired on the Black Family Channel, the DVD was created to provide an entertaining and colorful backdrop on the bands road to success.
The B5 Story whizzes you through the early years of winning Disney Radio talent competitions, to shooting their first music video for their R&B hit single, All I Do, to their signing with record...
Teen Phenomenon “B5” Band Releases Autobiographical DVD, "The B5 Story" for Millions of Anticipating Young Fans
Electric generators > Teen Phenomenon “B5” Band Releases Autobiographical DVD, "The B5 Story" for Millions of Anticipating Young Fans
KUA's Safety Education Honored with 3 Awards
the highest award presented -- as well as an Image Award and a Judges' Award for its 2003 Calendar of Electrical Safety.???Every year in the United States, tens of thousands of people are killed or injured from contact with electricity. In fact, one person is electrocuted in the home every 25 hours, according to the latest data available from the Consumer Product Safety Commission. Many of these accidents involve children. Research shows that these tragedies can be avoided by providing children and adults with proper safety rules to follow in the home and workplace. KUA's calendar features artwork from twelve Osceola County students that reinforces key safety messages and warns of the danger of contact with electricity.
The calendar was distributed free of charge to teachers, students and to utility customers in January.???A Grand Image Award is the best in an overall division, Image Awards are the highest level of awards in each category, and Judges' Awards recognize projects...
KUA's Safety Education Honored with 3 Awards
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Survey on Hotel Cuisine Promotions by Dining Downunder
Guest chefs are commonly invited to host hotel promotions around the world. However many promotions are still seen as significant cost centres and run for public relations rather than as for what they should be - serious revenue generators. To identify the challenges for hotels in hosting cuisine promotions, Dining Downunder has developed an industry survey which is located at http://www.dining-downunder.com/survey.asp . The survey will run until the end of March and allows hotels to evaluate future promotions and distinguish the profitability of a particular event. Dining Downunder's survey covers all the necessary facets to providing a successful hotel cuisine promotions and includes areas such as; promotional budget; cuisine selection; menu development; marketing; staff training; sponsorship; room sales and most importantly, what makes a promotion successful?The survey also directs participants to think outside...
Survey on Hotel Cuisine Promotions by Dining Downunder
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Bread - So Much a Part of Life
In the olden days, bread baking was a daily routine. Many times a loaf of warm, fresh from the oven bread, with a topping of fresh-churned butter was a meal - in times of hardship, in times of scarcity. Today, the food industry provides a mind-boggling array of bread products - your choice, to mix and match to your heart's content. They did, however, with all the magic of science, leave out "just a little". That little is the aroma or scent of fresh-baking bread, a hint of spice, and the texture of kneaded dough that provided not only sustenance but a form of "therapy" for the baker.
It wouldn't take much to take a step back in time and give your family and friends that old-fashioned, yet timely, welcoming aroma that just brings them to the kitchen, awakens even the most sluggish appetite, and the smiles - well, that is the true "icing" on the bread. The convenience of electric mixers with dough hooks and even bread machiens, frozen loaves of bread that just need to have that...
Bread - So Much a Part of Life
Electric generators > Bread - So Much a Part of Life
Survey on Hotel Cuisine Promotions by Dining Downunder
Guest chefs are commonly invited to host hotel promotions around the world. However many promotions are still seen as significant cost centres and run for public relations rather than as for what they should be - serious revenue generators. To identify the challenges for hotels in hosting cuisine promotions, Dining Downunder has developed an industry survey which is located at http://www.dining-downunder.com/survey.asp . The survey will run until the end of March and allows hotels to evaluate future promotions and distinguish the profitability of a particular event. Dining Downunder's survey covers all the necessary facets to providing a successful hotel cuisine promotions and includes areas such as; promotional budget; cuisine selection; menu development; marketing; staff training; sponsorship; room sales and most importantly, what makes a promotion successful?The survey also directs participants to think outside...
Survey on Hotel Cuisine Promotions by Dining Downunder
Electric generators > Survey on Hotel Cuisine Promotions by Dining Downunder
KUA Receives Community Service Award
????KISSIMMEE, Fla., October 30, 9:30 am ? Kissimmee Utility Authority's ongoing commitment to community service through utility-sponsored programs and public outreach efforts has been recognized by the Florida Municipal Electric Association (FMEA). FMEA on Tuesday presented to KUA its 2003 Florida Community Service Award -- the highest honor an electric utility can receive from the statewide association.????The award is given annually to utilities whose achievement or sustained performance shows a commitment or the commitment of its employees to enhance the quality of life in a community. This is provided through social, cultural, educational, environmental and economic programs and by providing opportunity for employee involvement.????"I am delighted that KUA has received statewide recognition for its work in the local community," said KUA president and general manager Jim Welsh. "This award verifies that we're making the right decisions for our utility and the citizens of Kissimmee....
KUA Receives Community Service Award
Electric generators > KUA Receives Community Service Award