Communication in an organization

“Communication is vital to any organization. But to be effective and efficient, it shall be mixed with humiliation, cooperation, honesty, justice and direction.”

The main purpose of doing business and entrepreneurship

What is our primary rationale of doing business and entrepreneurship?

I will not be too wordy this time. I believe that a picture is worth a thousand words. So let the following images speak.

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Advantages and benefits of honesty in business

What is an honest business?

People who may read this article probably have their own businesses, employed in a business or just knew someone who is having a business. Now, whether where you belong, you may have an idea of what is an honest business. We can never tell that a businessman is honest when he doesn’t pay his correct tax dues. A company that makes exaggerated product promotions is likewise may not belong to that definition. Honesty is the virtue of communicating the truth and creating trust in the minds of others. Therefore, business honesty means the virtue of communicating business truth and creating business trust in the minds of others. This communication may include verbal and non-verbal and may be transferred to customers, employees, investors, creditors, debtors, co-owners, the government, the public and anyone who may have interest in one’s business. The following can be considered as honest business actions: Read more

A business application on the golden rule and ethic of reciprocity

All of the known righteous religions in the world harmonize on one golden rule:

Buddhism:

“Hurt not others in ways that you yourself would find hurtful.”

Christianity:

“Do to others what you would have them do to you, for this sum up the Law and the Prophets.”

Confucianism:

“Do not do to others what you do not want them to do to you.” Read more

Business Quote and Wisdom: Honesty is the Best Policy

“Honesty is the best policy”, a very common maxim yet very uncommon to people. Honesty is like a diamond, precious but rare to find – rare to find like honest people. Dishonest persons are scattered everywhere, in politics, in government, in business, in showbiz, in the streets and even in religions. In business, since all businessmen are taxpayers, lying and cheating are common. Many people practice dishonesty to take advantage of higher financial returns or to escape current obligations. For example, the taxpayers, some or most of these taxpayers commit under-declaration of income to reduce income taxes. Another example is when a business owner lies in reporting the true profit or income of his business to avoid distribution of profit shares or bonuses to his employees or stakeholders. Read more

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