Table of Contents
Are values more important than money?
So respect really is more valuable than money. There are feelings of trust, safety, and well-being that come with respect. That’s because of the sense of worth or personal value that’s been attached to you by others.
Why is it important to have morals?
Morality protects life and is respectful of others – all others. If morals are not taught our children will make decisions based on immediate needs and desired, and based on emotions, not on sound judgment and they take the short cut and easy path even if it is wrong.
Why moral reasoning is important in business?
The principles of moral ethics can be injected into any business. Ethical businesses recognize the power of conducting businesses in socially responsible ways and they realize that doing so leads to increase in profits, customer satisfaction and decrease in employee turnover.
Is ethics more important than money?
Ethics is ALWAYS more important than money. Sir, really it was wonderful. Simon – a well articulated topic and a great summary. I am in full agreement. Appreciate your perspective on this subject! Thank you Robyn. It’s a subject dear to my heart.
Do you see the immediate benefits from money?
It is easy to see the immediate benefits from money; the finance system demands we make enough to satisfy our every want and need. If you take a moment to look around you will notice that many of us will do anything it takes to get it, even if it means sacrificing moral values and ethical behaviour.
Should a business man always choose ethics over money?
Hence, I argue even a business man with the sole aim to maximise wealth, should always choose ethics over money. Take a look at the balance sheet of an internet based company: a significant portion of the company’s total worth, also known as market capitalisation, is classified as ‘intangible value’.