Sunday, 30 June 2013

Business Mind vs Ethics Mind




Business mind means running a successful business or organization requires taking risks, lots of hard work and the right set of tools.

The ethical mind requires more abstract and reflective thinking about one's behavior. No matter what type of work a person undertakes, she or he can stand back and ask what she or he needs to do for her or his work to be excellent in quality and ethical in conduct, and then follow through with those responsibilities.

Let me share my story:

On 24th June 2013, the haze is Kuala Lumpur getting worse. Everyone needs masks in KL but mostly out of stocks. So on that day, my friend and I went to Times Square lower ground to withdraw money. After withdraw money, we went to Guardian to checked whether got mask to sell or not. There was no stock in Guardian. Then we move on to Caring Pharmacy, when we reached the entrance, there was new stocks of mask. The stocks contain around 60 boxes of masks which each box got 50 pieces masks. When I asked the cashier, she said one box costs RM40. I thought it was a normal price as it was my first time bought masks and I bought it. What make me shocked was, within 20 minutes, the whole stocks gone. The demand was high.

On the same day, when I’m on the way to back home, I saw got a girl selling masks. I’m curious about it and I went near to her. I asked her the price of one piece of mask. She answered me it was RM1.50 per piece. More expensive than what I bought! I saw she got three boxes to sell and I feel she is very clever to sell masks in such a high demand season. She knows people need masks and she knows from there, she can make profit.

The next day, 25th June 2013, I went to Caring Pharmacy again. I saw a lot of new stocks and I went to the cashier counter and asked the price of the masks per box. Surprisingly, it just costs RM30 per box! The pharmacy lowers the costs as they know the demand getting lower due to haze getting lesser and many people had mask already. I feel so regret to buy the mask so early but from there, I learn more about demand and price.

So, the question is, did the pharmacy or the girl that sells mask in a right way to do so? For them, they can earn a lot profit as the demand is high. But for me as I discover the whole thing, I feel they have business mind but not an ethical mind. Are they wrong? I cannot say they are wrong because it is the reality that they need to maximize the profit.

For my personally, I feel people can have both sides. A person can be a business and ethical mind. For example, that girl can sell the mask by RM1.00 rather than RM1.50. If her intention is correct as she want to help people, then she is having both sides.

To be honestly, if I never learn about Business Ethics in BERJAYA UCH, I will never know that ethics can be so broad and make me to see things more clear. So, I’m quite happy to learn. Haha.

Thank You!



2 comments:

  1. Good choice of a very recent topic! Some parties were actually blaming the Indonesian government for their lack of action on this recurring issue. So, do you agree with them? Who should be responsible for this haze?

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  2. Thank you for your question and sorry for very late reply. For me, the plantation firms needs to be responsible for the haze, not the government.

    According to The Straits Times (STOMP), Indonesian Environment Minister has identified eight of the companies that are being investigated for burning in Riau and Jambi that led to the haze. The sad case is the eight companies are owned by Malaysian investors.

    According to WebProNews, “The slash-and-burn technique being used is the cheapest land-clearing method and it is not only used by local farmers, but also employees of palm oil investors including Singaporean and Malaysian companies,” Hadi Daryanto said. “We hope the governments of Malaysia and Singapore will tell their investors to adopt proper measures so we can solve this problem together.”

    The Indonesia government had not ratified the Asean trans-boundary haze pollution treaty, which was signed some 12 years ago.Even without ratification, they have complied with the requirements of the agreement. Government does not know when the plantation firms will set the fire and it is hard for government to control once the fire was set up.

    So, the plantation firms should be responsible for the haze and not the government. Government needs to identify which firms that set up the fire and necessary action must be taken to prevent same thing happen again.

    I hope I answered your question. Thank you!

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