Profit vs. Ethics: A Business Development Analysis and Report

This report delves into the contentious issue of prioritizing profit over ethics in business, examining the perspectives of CEOs and the implications for employees. It argues that, in a competitive environment, businesses often focus on profit maximization, even if it means compromising ethical standards. The report explores various aspects such as marketing strategies, environmental impact, and product quality, illustrating how companies may cut costs or make decisions that are not ethically sound. It highlights the importance of profit in sustaining a business, while also acknowledging the ethical dilemmas that arise. The report ultimately concludes that, in the current business climate, prioritizing profit is often deemed necessary for survival and success, despite the ethical concerns involved.

Bosses should prioritize
profits over ethics

TABLE OF CONTENT
INTRODUCTION.....................................................................................................3
PRIORITIZING PROFITS........................................................................................3
CONCLUSION.........................................................................................................4
INTRODUCTION.....................................................................................................1

INTRODUCTION
The bosses should prioritize profits over principles and employees are concerned about
this fact. CEO of the organization sees that their employee have ethics at the heart of business
decisions which somehow affects the profit making badly which is forcing employer to put
profits ahead of ethics (Barry,2016).
PRIORITIZING PROFITS
Every business is done in such a way that more and more profit can be made out of it.
Focusing on profit is the major need to be successful. Ethics and profit cannot go hand in hand.
They are part two sides of the same coin one could either get heads or tails not both of them
simultaneously. In this competitive world, the manager smartly focus on profit making by
following every aspect of it (McMurrian and Matulich,2016). When the goal is set and firm
thought is made to achieve it, ethic based approach could never let a firm attain it but profit
based approach not only let company achieve goal but thrives its success in the market. An
outlook based on ethics somewhere slows down the performance of an individual which loosen
the knot of its productivity. Decline in productivity rate than increases expenses of the company
and employee expenses as well.
Marketing has strong relationship with the company's profits. Good marketing help the
brand to grow well, attract customers and ultimately build profits. The marketing strategy so
formed can mount what's right and wrong when thought in regard to ethics, like an advertisement
includes violence to attract people to a product or service and may include children too. The
production of major products impact environment in some or the other way. There are company's
which unethically spoils environment cause pollution, contaminate water supplies and destroy
forests as it undergo manufacturing which has negative impact on atmosphere just to grow
profits. Small business that is still in its growing stage and doesn't have lot of extra funds mainly
walk this path. This happens because it often cost less to negatively affect environment than to
work sustainably (Trevino and Nelson, 2016). There are laws to keep watch on such activities it
just avoids the excessive environmental damage.
The highest expense which an enterprises deal with is the cost of the good it sells.
Company in order to increase its profit can reduce the quality of the product and still sell it on
the same price which on ethical ground is not the correct way of approaching but the company

do so in order to make money. Here the manager does not bother about crossing the line into an
unethical business practice.
CONCLUSION
A company's ultimate goal is to make profit and maintain is continuity as well. There are
many firms that have grown ethically but the ones which took profit based approach has
maximized benefits via marketing, slashing employee expense, lowering product quality or
affecting environment negatively. After this study, it can be concluded that to attain stability in
this competitive world it is necessary for the boss to give most important consideration to profit
and not ethics.

REFERENCES
Books and Journal
Barry, N., 2016. Business ethics. Springer.
McMurrian, R.C. and Matulich, E., 2016. Building customer value and profitability with
business ethics. Journal of Business & Economics Research (JBER). 14(3). pp.83-90.
Trevino, L.K. and Nelson, K.A., 2016. Managing business ethics: Straight talk about how to do it
right. John Wiley & Sons.

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