Wednesday, 8 June 2016
Ethics in Business
Hello readers, today I will be writing about ethics in business. You should be ethical in your business dealings. This will help you serve your stakeholders appropraitely and thus help your business achieve success
- You should be honest in your business deals. Do not conceal the truth
- Fulfill your philantrophic responsibilities. Thus, you should be charitable. Make sure customers are able to return goods if they do not like it.
- Do not deal with usury (interest)
- Prices should reflect the quality of the product being sold.
- Treat your stakeholders (shareholders, customers, employees and others) righteously.
- Make sure the products you are dealing with are not forbidden islamically.
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