Tuesday, October 28, 2014

Week 6

This week I really liked learning about how many successful business people agree that business and economy needs to be based off of high morals such as trust and virtue. I have seen many times in my life owners or higher ups in businesses do things or make deals that weren't honest or moral in many ways. Though these deals may have worked out in the beginning, they usually fail and I have seen them take down the entire company because someone was greedy and wanted the deal at that time. I liked the article What's Business For Really where it talked about virtue and integrity in business. Virtue and integrity are so vital in an economy because it is what keeps the economy going. If we lie, then the trust that was once there can never be the same. The trust that existed in a corporation, once broken, can never be the same and the company will for ever be effected. I think that if businesses will operate on principles of honesty and integrity they will in the end become very successful businesses in the sense that they will change the world around them for the better while at the same time making a profit. I think a good example of this is Chick-Fil-A I think that this company is based on strong and good principles in that they provide educational support for their employees and donate money to many charitable organizations.

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