Business Ethics Essay Example | Topics and Well Written Essays - 750 words - 23

Business Ethics - Essay Example By so doing, businesses will increase their profit and benefit the society by reducing their suffering. The theory makes businesses to work in a way that will help the society and not cause them pain (Mill 2007). The purpose of this theory is to enable businesses to get the best results from their actions. According to Marshall (2009), every person has their own rights that should be respected. Businesses need to also respect the rights of their customers. According to Velasquez (2015) Kant feels that individuals should be assisted to achieve their expected end results. It is also the duty of businesses to sell goods and services that help their customers to get what they wanted when they were buying the goods and services. Businesses should sell goods that are fresh and not expired because it is the right of the customer to get good products. When businesses do something wrong to their customers, they should do justice by taking actions that will make their customer to recover what they have lost (Wettstein 2009). According to Velasquez (2015), Maqasid al Sharia states that justice and equity should be established in the society to protect the individuals and their property. Businesses need to take good care of their customers. When they do so, the customers will feel good about buying the goods or services from the business and this will increase the profits of the business. According to Frei & Moriss (2012), customers return to buy goods from a business when they feel that the business is taking good care of them. Caring for customers makes them happy and happy customers will return to buy things from the business many times. Capitalism is a system where businesses and other money making activities belong to individual people or companies. This makes businesses to compete with each other so that they can serve their customers well and make a lot of money (Boltanski & Chiapello 2005). Businesses that make