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Saturday, February 6, 2016

Business ethics is a contradiction in terms.

 February 06, 2016     No comments   

Business ethics is a contradiction in terms.
· For-profit companies have a primary responsibility to their shareholders; social responsibility therefore only makes sense when it is in the commercial interests of companies.

· Life would be considerably simpler if we went back to serving our own national markets rather than global ones.

· Anti-capitalist globalization protesters are basically conservatives who are frightened by the modern world. Throughout history there have been people like this.

· Soon all organizations will be global organizations. The Internet will see to that.

· The modern corporation cannot separate itself from the society in which it operates. We are entering the mature age of capitalism, where business objectives must reflect the interests of all their stakeholders.

· The only way to get firms to be environmentally responsible is by taxing them for the environmental damage they do.

· The best way to encourage firms to be environmentally responsible is by educating customers only to buy products and services from environmentally responsible companies.

· How can operations managers ever be creative in their response to CSR? To do their job well, they have to be dull, technologically obsessed and sad.
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