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Archive for the ‘Business Ethics’ Category

How do you qualify for these loans? You must be at least 18 years old and a citizen or permanent resident residing in the country. In addition, if you can prove that you’re having a steady income for at least the last six months and are still working now, the loan request can be made faster. On the other hand, if you have a property that can be used as collateral for the loan, shall be further advantage in accelerating the achievement of the approved loan.

For the acquisition of personal loans with bad credit, you may purchase payment terms less risky. This includes loans that mature in 15 to 30 days time. If you want to take a larger amount of loan, you should only stretch it a few months. You must be careful not to overstretch yourself and make sure you are comfortable with the repayment so that you will not end up with more debt and affect its credit rating further. You also need to do your research and compare quotes from different lenders before getting one with the best terms and interest rates.

Tend not to seek to achieve excellence, Strive to be the best in the wrong context, an important means famous. So in meeting individual and professional responsibility, not being diligent, tends to laziness, in his actions often do not make sense, and less responsibility; perform tasks reluctantly. Handed it to someone else and not able mengendalian people. Often do and act for the things in vain.
Not having ketanggung-lawsuit. Being irresponsible, unwilling to accept responsibility for his decision, did not understand the first consequences of actions, and not giving the example to others.
Not to protect and no effort to improve the integrity and reputation of families, companies, professions and government. Often throwing responsibility, especially when it comes to the loss of transitional nature.

Whereas the relevance of business ethics that severe exclusion can be seen from the rampant corruption, both in government agencies, private and other institutions. All of this is an undeniable fact. Various official institutions and NGOs at home and abroad have made a variety of data, etc. discussion. What meyimpulkan how badly corruption in this country. We all feel that corruption occurs almost in all fields of activity. From start affairs community social services, government, retail businesses, medium scale businesses, medium and large. To the extent that it is considered a normal thing. Means the morality of our society is already common for bribes to expedite business.
Efforts to prevent corruption that has been running for this and how efforts to promote the success of prevention of corruption.

Business people often collide with many choices, and the most difficult part is having to deal with efforts to balance between business objectives clearly visible, namely financial gain by ethics.
Business ethics is concerned to balance the two, to prevent any conflicts of interest with each other. For it is only with awareness of business ethics can be done alone. Due to very different legal approach, which is forced by a more ethical approach emphasizes the awareness of the perpetrators.
Business ethics is closely related to long-term benefits, so make short-term minded entrepreneurs who are very difficult to understand the ethics of this business, especially if financial gain had been in front of the eye.
Unethical business was also related to the company’s condition and the condition of the people in the company. In this case, the behavior of corrupt behavior that includes cheating, because it did not make proper should be reviewed.

That the circumstances mentioned above can be said to start from a big problem in our business activities across various sectors, which were covered by various measures that reflect the low level of business ethics. That the term corruption is also associated with violations of business ethics that is very elementary. Shame, is felt almost nothing. All seen from the gain material, which is very short-term financial. Because of such business practices reflect this very greed and produce products that are not competitive and resulted in high-cost economy and the resulting output is not very efficient. In more detail can be seen, among others, as follows;
Low Honesty. This is a lot happening in the business travel activities in our country. Many businesses are prioritizing executive fiansial profits in the short term, ignoring the honesty. Not be true, sincere, clear, direct, open heart. In step business tend to cheat, steal, lie, trick consumers, customers, and government.
It has no Integrity. In conducting its business primarily the principle of only money and short-term profits, so the step did not honorable, not just, dare and act with full encouragement deception and deceit and lust and duplicity.
Not Comply with the promise. In not being able to be full of confidence, unable to fulfill a promise, abide by the commitment and did not keep holding on to a letter agreement, often mengintrepretasikan agreement is not reasonable, both policy issues and technical issues within the framework of efforts to rationalize their actions are distorted for their own benefit.
Loyalty to the short-term gains, loyalty only to the short-term gains, in this case money. So it is not compelled to be honest and not loyal to family, friends, bosses, clients, and the state. He will be very easy reveal confidential information, whether in a professional context, or technical, so he was unable to maintain a professional consideration by not trying to avoid bad influences and conflicts of interest.

Management weaknesses have not seen among others from the bank’s internal control effectiveness and information systems is relatively limited so that the implementation of self-regulatory banking that has been launched in recent years has not been well developed. This is reflected in the banykanya violation of prudential regulations increases, liquidity and capital adequacy of banks dropped dramatically, and the dependence of banks on liquidity support from Bank Indonesia increased sharply.
This weakness has contributed substantial irregularities and misuse of authority in the banking system that encourages an increased risk of bank failure. Moreover, these weaknesses also encourage the provision of credit is concentrated only to some borrowers, especially in individuals / groups associated with the bank’s business. Concentration of credit has resulted in excessive dependence on the survival of the debtor referred to the crisis that also hit the business debtor has aggravated the overall banking performance.

In the meantime, has not explained the mechanism of settlement of troubled banks, especially the exit mechanism, has created a moral hazard that leads to high-risk behavior among banks. The lack of deposit guarantee system of society requires the central bank has guaranteed covert (implicit guarantee) on survival of a bank to prevent systemic failure in the banking industry. In addition, supervision and oversight conducted by Bank Indonesia is still less effective mainly due to weak law enforcement and lack of central bank independence. This is exacerbated by the still limited information available to the public regarding the financial condition of a bank so that the public control of banking development is not running properly.

Banking conditions became increasingly vulnerable after the appearance of withdrawal of deposits and interbank funds transfer on a large scale due to the decline of public confidence in the banking sector, especially since the revocation of business licenses of 16 banks in early November 1997.
Developing banking crisis deepened with the emergence of a variety of negative issues regarding the condition of national banks. As a result, the revocation of business licenses of 16 banks and other banking restructuring program which was originally intended to improve public confidence in fact worsen the situation. The fall in ratings (rating) and pessimistic picture of the given international rating agencies to the national banking system also has resulted in the decline of public confidence, both within and outside the country, against national banks.
The panic has led to the withdrawal of public-fund banking cash withdrawal and transfer of substantial funds from banks that are considered vulnerable to the assessed banks strong. As a result, some banks that were previously classified as healthy and is a supplier of funds also affected by the crisis of confidence so as to change its position to the borrower of funds in the interbank money market.
Meanwhile, the credibility of national banks in foreign countries also declined. This is reflected by the increasing rejection of international banks to conduct foreign exchange transactions and on letters of credit issued by national banks.

The experience we state in the past three decades show severe problems in various fields. One is the state of the economy that became so messy cover various respect,. From the start the chain of production, distribution and financially, as well as a financial intermediary, such as banking and other financial institutions in this country experience a pressure and great outstanding problems.
That this economic activity, the whole done by humans, so it can be said that the source of all sources of problems that arise are returned to the human qualities that make these economic activities.

If morality is something that encourages people to do good ethics to act as signs (sign) which is a voluntary agreement of all members of a group. The business world is a moral will be able to develop ethics (standards / guidelines) to ensure business activities are balanced, harmony, and harmony.

Ethics as the signs in a community group will be able to guide and remind its members to an act of commendable (good conduct), which should always be adhered to and implemented. Ethics in business is certainly to be agreed by the people who are in business groups and other concerned groups.

It’s a corporate gift money for suitable volunteers ? Could be attractive in some circumstances, but in general a gift money to corporate volunteers is not the best way forward.

Giving money to volunteers can cause problems in two areas:
1) Legal status of voluntary and non-employee
2) The motivation and productivity of volunteers

First, is the question of definition – if the cash gift to a volunteer who makes the payment for services and then create an employer-employee relationship? If the corporation is a nonprofit organization, payments to volunteers could risk the non-profit status. Read the rest of this entry »

If you look at what is happening in the market, you will see that despite that we want to honesty and plain, yet we are not winning the battle of ethics. Take a look at how people in our culture is no currently trying to solve the problem is.:

Ask others to take responsibility for educating our organizations on Ethics “is to evade punishment. Under U.S. federal regulations, companies that have ethics programs are eligible for reduced fines if convicted of misconduct. ”
Ignored the problems, or insufficiently reprimand the person for behavior unacceptable Another approach is to “treat” offenders ethics when it detects -.
Depending on the laws of the municipality, state or country to address the problem, some companies have completely given up trying to decide what is ethical and instead used what is legal and their is standard for decision making. The result is moral bankruptcy. Read the rest of this entry »