"The most effective strategy for a company to use to maintain and increase profits over the long term is to maintain high ethical standards."
Discuss the extent to which you agree or disagree with the opinion stated above. Support your views with reasons and/or examples from your own experience, observations or reading.
The statement attempts to bridge a strong positive correlation between maintaining high ethical standard and long term profit for a company. Certainly, having high organization ethics is the best way to achieve long term benefit and that is why I agree and back the statement strongly.
There are several reasons to support the statement and the most important one is that, every company is founded on the basis on some ethos and success largely depends on maintaining those. Business always focuses on long term benefit because short term profit is nothing more than a transient success. Every organization focuses on building long term relationship with it's customer and that can be established only by maintaining strong principles and values. For example, a high end brand builds it's image over years of effort by maintaining it's product quality. So, if in one quarter they focuses on increasing profit by decreasing product quality, it may bring some money initially, but eventually they will lose many of it's loyal customer who preferred quality over price.
In today's world, consumer market is being more complicated day by day. There are myriad of alternative for every product and that is why if anyone fails to meet required standard, they will be thrown away. As today, same product quality can be served by many, company ethics, values are the determining factor to excel in the competition. High environment friendliness, attitude to social problems, employee-organization relationship and many others corporate social responsibilities plays a vital role in determining what company values. So, by being sensitive to these issues along with other primary concerns can make the difference in the long run.
Additionally, employee attitude towards the company largely depends on what company values. If the employee's are nurtured better by the organization than they will pay back by their hard work and diligence. If company values the employees less than it they will not be motivated fully to work diligently and there may be corruption and restive condition. Therefore, if the employee can be literally feel proud to own the company than it will automatically bring success to the organization.
So, to conclude, success & failure of a company largely depends on it's maintenance of ethical standard. Breaking the law can result in profit but that is evanescent, and that is why every organization should focus on maintaining high ethical standard to sustain in today's competitive market.
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- "The most effective strategy for a company to use to maintain and increase profits over the long term is to maintain high ethical standards."Discuss the extent to which you agree or disagree with the opinion stated above. Support your views with reasons a 50
Grammar and spelling errors:
Line 3, column 592, Rule ID: NON3PRS_VERB[2]
Message: The pronoun 'they' must be used with a non-third-person form of a verb: 'focus'
Suggestion: focus
...uct quality. So, if in one quarter they focuses on increasing profit by decreasing prod...
^^^^^^^
Line 7, column 437, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...ly feel proud to own the company than it will automatically bring success to the ...
^^
Line 9, column 284, Rule ID: WHITESPACE_RULE
Message: Possible typo: you repeated a whitespace
Suggestion:
...tandard to sustain in todays competitive market.
^^^
Discourse Markers used:
['but', 'if', 'may', 'so', 'therefore', 'as to', 'for example']
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance in Part of Speech:
Nouns: 0.24942791762 0.240241500013 104% => OK
Verbs: 0.160183066362 0.157235817809 102% => OK
Adjectives: 0.0961098398169 0.0880659088768 109% => OK
Adverbs: 0.0549199084668 0.0497285424764 110% => OK
Pronouns: 0.0343249427918 0.0444667217837 77% => OK
Prepositions: 0.116704805492 0.12292977631 95% => OK
Participles: 0.0434782608696 0.0406280797675 107% => OK
Conjunctions: 2.9759441779 2.79330140395 107% => OK
Infinitives: 0.0274599542334 0.030933414821 89% => OK
Particles: 0.0 0.0016655270985 0% => OK
Determiners: 0.0846681922197 0.0997080785238 85% => OK
Modal_auxiliary: 0.0297482837529 0.0249443105267 119% => OK
WH_determiners: 0.0137299771167 0.0148568991511 92% => OK
Vocabulary words and sentences:
No of characters: 2515.0 2732.02544248 92% => OK
No of words: 400.0 452.878318584 88% => OK
Chars per words: 6.2875 6.0361032391 104% => OK
Fourth root words length: 4.472135955 4.58838876751 97% => OK
words length more than 5 chars: 0.405 0.366273622748 111% => OK
words length more than 6 chars: 0.3225 0.280924506359 115% => OK
words length more than 7 chars: 0.1975 0.200843997647 98% => OK
words length more than 8 chars: 0.1425 0.132149295362 108% => OK
Word Length SD: 2.9759441779 2.79330140395 107% => OK
Unique words: 202.0 219.290929204 92% => OK
Unique words percentage: 0.505 0.48968727796 103% => OK
Word variations: 55.4854654751 55.4138127331 100% => OK
How many sentences: 18.0 20.6194690265 87% => OK
Sentence length: 22.2222222222 23.380412469 95% => OK
Sentence length SD: 38.0029238641 59.4972553346 64% => OK
Chars per sentence: 139.722222222 141.124799967 99% => OK
Words per sentence: 22.2222222222 23.380412469 95% => OK
Discourse Markers: 0.388888888889 0.674092028746 58% => OK
Paragraphs: 5.0 4.94800884956 101% => OK
Language errors: 3.0 5.21349557522 58% => OK
Readability: 54.4722222222 51.4728631049 106% => OK
Elegance: 1.64220183486 1.64882698954 100% => OK
Coherence and Cohesion:
Essay topic to essay body coherence: 0.351357862289 0.391690518653 90% => OK
Sentence sentence coherence: 0.141548325276 0.123202303941 115% => OK
Sentence sentence coherence SD: 0.0864939876415 0.077325440228 112% => OK
Sentence paragraph coherence: 0.538583209915 0.547984918172 98% => OK
Sentence paragraph coherence SD: 0.140988679602 0.149214159877 94% => OK
Sentence topic coherence: 0.14251000387 0.161403998019 88% => OK
Sentence topic coherence SD: 0.0916785584289 0.0892212321368 103% => OK
Paragraph paragraph coherence: 0.273240325817 0.385218514788 71% => OK
Paragraph paragraph coherence SD: 0.0698035547169 0.0692045440612 101% => OK
Paragraph topic coherence: 0.244997233844 0.275328986314 89% => OK
Paragraph topic coherence SD: 0.0645225846271 0.0653680567796 99% => OK
Task Achievement:
Sentences with positive sentiment : 14.0 10.4325221239 134% => OK
Sentences with negative sentiment : 1.0 5.30420353982 19% => More negative sentences wanted.
Sentences with neutral sentiment: 3.0 4.88274336283 61% => OK
Positive topic words: 9.0 7.22455752212 125% => OK
Negative topic words: 1.0 3.66592920354 27% => More negative topic words wanted.
Neutral topic words: 2.0 2.70907079646 74% => OK
Total topic words: 12.0 13.5995575221 88% => OK
What are sentences with positive/Negative/neutral sentiment?
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Rates: 50.0 out of 100
Scores by essay e-grader: 3.0 Out of 6
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.