Business Ethics for Oxymoron or Good Business

Question: Discuss about the Business Ethics for Oxymoron or Good Business. Answer: Introduction: I am Anith Goud Abbagoni. I did my bachelors in Electronics and Communication Engineering. I have also done my masters in Control Systems (Electric and Electronics Engineering) and at present I am pursuing Masters of Business and Project Management. I was always into all these electric and electronics thing from my childhood which gave me the zeal to opt for these subject in my higher studies. Five years from now I would like to see myself working in a Multinational company in a comparative high post with great responsibilities of the company on me. I am doing all these hardships in my life not just to increase the number of degrees that I have but because I value the importance of education in life. I believe that education has no end. We are all learning in every aspect of life. I have this zeal of learning new things from every part of my life. This is what the most positive point in me is. I am a very optimist kind of a person. I always find reasons to motivate me and others in life. Woking in a Multinational Company does not require degrees and certificates. It also requires some experiences also. Yes, I do have fewer experiences regarding the role that I am opting for in the upcoming companies but everybody has got the first day in their life. I might also have to go through that phase of so call first day in my life. And the company that I join shall achieve more an d more prosperity in its future by hiring me as one of their employees. Mega trends and challenges I am the marketing executive in my company. In my industry, there are many aspects that are going around all the time. We have many employees who work in a coordinated manner. I have many challenged to face in my company which includes both internal and external factors. Internal factor includes the working environment within the industry and external include the society and other outside factors (Farris, 2006). MACRO - ELEMENT Reference Political This involves all the legal matters and scenarios that a company has to go through during its reign in the market. All laws are not always written, some are acknowledged during working environment (Fukuyama, 2016). Economic It includes all the factors that influence the buying patterns of the customers. Social This includes the society which is directly or indirectly involved with the company. Technology This enhances and ensures that the company is never technologically lame. It should also upgrade with the growth of its efficiency. Demographic This is the personal one. But then the personal factor also affect the market overall (Billari, 2004). Natural It includes the naturals criterion that might affect the company in any way. Goals My professional goals shall be very simple and especially positive for the company. The first goal shall be to bring about technological up gradation in the company, the second goal shall be to maintain and preserve new and old customers, third shall be to provide a comfort zone for the employees, so that they can approach me whenever they are in need, the fourth shall be to provide quality product to the customers and other clients in general and the fifth shall be to see that my company does not cause any harm to the natural environment. Ethics and professional values I do have some ethics in my life that I like to maintain irrespective of the situation. My main ethic is that I like to provide quality service to the company. And I also prefer maintaining loyalty with my company when I am in or out of the company. My father is a businessman. And I have seen him face many issues like this in his life. So it can be told that these ethics came to me from my father only as he has shared many of his business related problems with me (Naagarazan, 2006). Ethics are some personal way of looking at matters. It can be business ethics and personal ethics also. Business ethics include many points related to both the company and the customers. In the case of the company, we have to look at not only the outcome of the company but also the people who are behind these outcomes. They are the employees. If the employees are comfortable in the company then the working environment becomes very simple and also easier even for the head of the institution to take proper decisions (Beghtol, 2008). But if the employees are not happy then the company shall move down. The owner has to look after the basic needs of the employees including their health issues, their security, their pension plans and others. All these give a positive sight to the employee towards the company. Moreover, the facilities of the customer shall also not be neglected. The employees should be trained in such a way that they should always be able to solve the problems of the custom ers with a smile on their faces. The customers should never be disregarded or mistreated in any condition (Duska, 2000). We have to remember that all the customers are very important whether he or she is a big or a small customer. Customers are customers whether they give bring any business to the company or not. But in this also some customers have to be neglected if they are found to be spreading negative vibes for the company ("Executive summary of "Customers helping customers: payoffs for linking customers"", 2014). Competency assessment SKILLS RANK 1 Analytical skills 1 2 3 4 5 6 7 2 Creative thinking skills 1 2 3 4 5 6 7 3 Critical thinking skills 1 2 3 4 5 6 7 4 Decision making skills 1 2 3 4 5 6 7 5 Interpersonal skills(talking, listening, networking etc) 1 2 3 4 5 6 7 6 Organising skills 1 2 3 4 5 6 7 7 Planning skills 1 2 3 4 5 6 7 8 Problem Solving skills 1 2 3 4 5 6 7 9 Self-confidence 1 2 3 4 5 6 7 10 Teamwork 1 2 3 4 5 6 7 11 Technology (IT - computers) 1 2 3 4 5 6 7 12 Time Management skills 1 2 3 4 5 6 7 13 Verbal communication skills 1 2 3 4 5 6 7 14 Written communication skills 1 2 3 4 5 6 7 References Beghtol, C. (2008). Professional Values and Ethics in Knowledge Organization and Cataloging.Journal Of Information Ethics,17(1), 12-19. https://dx.doi.org/10.3172/jie.17.1.12 Billari, F. (2004). Becoming an Adult in Europe: A Macro(/Micro)-Demographic Perspective.Demographic Research,Special 3, 15-44. https://dx.doi.org/10.4054/demres.2004.s3.2 Duska, R. (2000). Business Ethics: Oxymoron or Good Business?.Business Ethics Quarterly,10(1), 111. https://dx.doi.org/10.2307/3857699 Executive summary of "Customers helping customers: payoffs for linking customers". (2014).Journal Of Services Marketing,28(5). https://dx.doi.org/10.1108/jsm-06-2014-0220 Farris, P. (2006).Marketing metrics. Upper Saddle River, N.J.: Wharton School Pub. Fukuyama, F. (2016). Macro Theory and the Study of Political Development.Scandinavian Political Studies,39(3), 207-225. https://dx.doi.org/10.1111/1467-9477.12064 Naagarazan, R. (2006).Textbook on professional ethics and human values. New Delhi: New Age International (P) Ltd., Publishers.