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COLLAPSE SUBDISCUSSIONRobert Bass Robert Bass YesterdayOct 15 at 7:29pmManage Discussion Entry Hi Marcus, Thanks for the discussion. I would like to ask you to elaborate further on a couple of...

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COLLAPSE SUBDISCUSSIONRobert Bass

Robert Bass

YesterdayOct 15 at 7:29pmManage Discussion Entry

Hi Marcus,

Thanks for the discussion. I would like to ask you to elaborate further on a couple of portions of your discussion. First, why is adopting or adhering to the principles good business? That is, why can it be expected to contribute to or at least not interfere with the profitability and success of the business organization? Second, would you elaborate further on what kind of opposition there might be to adopting and applying the principles in the business or organization you are considering? Please focus on specifics in this regard. For example, if you say that an organization is forced to follow universalism, what exactly do you mean by universalism? Why would that be bad or problematic? And so on.

What do you think?

Rob

Answered 1 days After Oct 17, 2021

Solution

Shubham answered on Oct 18 2021
126 Votes
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Hi,
The way being human is our utmost responsibility, the same manner the ethical behavior is a corporate citizen’s responsibility. While doing business there are ways through profitability and success can be achieved despite keeping them at backseat. I would like to share few examples of companies who are making profit and successful through their ethical approaches and business ideas.
Alibaba: This company from China has launches an app Auto-Navi through which reaching to economically depressed areas is comparatively easier.
ABB: The Swiss-Swedish MNC recognized...
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