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Principles of Business Ethics

Principles of Business Ethics - Business ethics has principles that must be taken by the company to achieve its goals and must be used as a guideline in order to have a standard that prevents imbalances in viewing moral ethics as a standard of work or company operations. Muslich (1998: 31-33) states the principles of business ethics as follows:


The principle of autonomy
The principle of autonomy is the attitude and ability of humans to make decisions and act based on their awareness of what they consider good to do. Or it implies that the company freely has the authority in accordance with the field carried out and its implementation with its vision and mission. Policies taken by the company must be directed to the development of the company's vision and mission which is oriented to the prosperity and welfare of employees and their communities.

The principle of honesty
Honesty is the most fundamental value in supporting the company's success. Honesty must be directed at all parties, both internal and external to the company. If the principle of honesty can be upheld by the company, it will be able to increase the trust of the company environment. There are three scopes of business activities that can be clearly demonstrated that business cannot last long and is successful if it is not based on honesty. First, be honest in fulfilling the terms of the agreement and contract. Second, honesty in offering goods or services with comparable quality and prices. Third, honest in internal work relations in a company.

Principle of no malice
This principle is closely related to the principle of honesty. The application of the principle of strict honesty will be able to reduce the evil intentions of the company.

The principle of fairness 
The company must be fair to the parties related to the business system. For example, fair wages to employees in accordance with their contributions, equal service to consumers, etc., demand that everyone be treated equally according to fair rules and according to objective rational criteria, and can be accounted for.

The principle of self-respect
The need to maintain the company's good image through the principle of honesty, no ill intentions and the principle of justice.