Doing a business in many years make our decisions more clear about how to create, construct and decide how to make a work task, in any cases that you must have an idea and that needs principle that guide your strides for still focus to main idea.
In economic theory, business practice must have ethics. Then, what ethical principles apply to business activities? Here are some of the principles of business ethics in question:
1. Autonomy Principles
My autonomous principle relates to the attitude and ability of the individual in taking a proper decision and action. In other words, a businessperson must be able to make good and appropriate decisions, and be accountable for the decision.
Business actors can be said to have the principle of autonomy in business if he has a full awareness of his obligations in running a business. That is, an entrepreneur understands the business field undertaken, the situation encountered, and the demands and rules applicable in that field.
The business actor is also said to have the principle of autonomy if he is aware that decisions and actions taken are appropriate or contrary to certain moral values or norms, and have risks that may occur to him and the company. The autonomous principle is not merely following the prevailing values and norms, but also the inner awareness that what is done is a good thing.
2. The Principle of Honesty
The principle of honesty should be an important basis in running any business. Most successful entrepreneurs, both modern entrepreneurs and conventional entrepreneurs, claim that honesty is one of the keys to success in any business.
The principle of honesty is very important to be done by entrepreneurs. In general, a business that goes without the principles of honesty will not last long.
For entrepreneurs, this honesty is associated with the quality and price of goods offered to consumers. In other words, selling high-quality products at reasonable and reasonable prices is a form of honesty from an entrepreneur to a consumer.
Honesty is very big impact in the process of running a business. Once a business actor is dishonest / fools consumers, then this is the beginning of decline and even the destruction of a business. Especially in modern business as it is today that the level of competition is very high.
3. Principle of Justice
Fair in this case means all parties involved in the business have the right to get the same treatment according to the rules in force. That way, then all parties involved in the business should contribute to the success of the business being run, either directly or indirectly.
By applying this principle of justice well, all parties involved in the business, whether internal or external relations, will be treated equally according to their respective rights.
4. The Principle of Mutual Benefit
This principle of mutual benefit means that business activities are run to provide benefits for all parties. In contrast to the principle of justice demanding that all parties should not lose money, this principle of mutual benefit demands a right which, in the case of business profits.
This principle of mutual benefit primarily accommodates the nature and purpose of the business itself. In practice, this principle occurs in a good business process whereby the entrepreneur wants to make a profit and the consumer wants to get a satisfactory product or service.
5. The Principle of Loyalty
The principle of loyalty relates to the process of doing business conducted by workers, either management, superiors, or subordinates. Loyalty can be seen from the work and seriousness in running the business in accordance with the vision and mission (read: understanding of vision and mission) company.
In other words, the application of this loyalty principle means that the entrepreneur and the elements in it should not confuse personal matters with the work affairs.
6. Moral Integrity Principle
In running a business, a business actor must have good moral integrity principles. The goal is to keep the company's good name and remain a company that consumers trust.
In practice, the application of this principle must be done by all parties, be it business owners, employees, to the management of the company.