Ethics And The Natural Environment

1018 Words5 Pages
Ethics are according to BusinessDictionary.com, “The basic concepts and fundamental principles of decent human conduct. It includes study of universal values such as the essential equality of all men and women, human or natural rights, obedience to the law of land, concern for health and safety and, increasingly, also for the natural environment” (Ethics, 2015). For entrepreneurs, ethics are a large portion of the decisions that are dealt with every day. People do not go out into the world saying I am going to be a lying, conniving, unethical person. People may have the best of intentions but when they are faced with the temptation of money, it can be difficult stay true to those intentions. This is especially when unethical decisions do…show more content…
For instance, if an entrepreneur needs further funding to keep their business from failing but their lack of funding makes investors uncomfortable, they can be in a dilemma. It is easier if they lie and tell investors the funds they need are for a new project. The chances are they would get the funding faster than if they were honest and explained that they needed it to stay afloat. Since the entrepreneur is so attached to their company, they often would do anything in order to keep it alive. Time is another cause for temptation. The ethical choice is not just usually the more difficult one, it is frequently the one that takes more time. Sometimes it is because they need to meet that deadline, or get a shortcut to a goal. Patience is not as common in this world as it should be. It is grueling for some entrepreneurs to wait while their company grows and develops. Ethical decisions are not always enormous business-altering decisions. If fact, the most common unethical practices are practically unnoticeable. According to Entrepreneur.com, there are five mistakes that entrepreneurs make regularly. They include, “1. You snuck a few personal expenses through the business. 2. You hired that person because you just liked him more. 3. You shipped a product to a bigger customer ahead of a smaller one. 4. You charged a customer a ton of money for only 15 minutes of work. 5. You poached an employee from a friendly competitor” (Marks, 2015). These practices may not immediately
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