A Global Commerce

Ethics in general have become an essential part in global commerce, and they established the boarder lines for corporation and governments behavior. Far from the basic principles of ethics, for instance integrity and credibility, there are more vital concepts that managers and executives should be aware of, for example Karma and the law of giving. In our materialistic world today, especially in business, many ethical concepts have become hackneyed and just things to remember once in wile. Numerous executives and CEOs were sentenced to many years in jail, even for life for briberies and unethical conducts. Most of them, if not all, are educated, and they understand ethics and know the law very well, but the question is do they believe in it? Do they understand the consequences of breaking them on their lives, even if no entity identifies it?

One of the major concepts individual in high positions should be aware of is the law of giving which is basically “you will not receive if you don’t give”. A real example from Saudi Arabia can illustrate this concept, the biggest oil company in the world, ARAMCO. Saudi ARAMCO has been operating for more than 80 years, and it’s well known nationally by efficiency and integrity. Every individual lives in the East region of Saudi Arabia can touch its educational and infrastructural contributions. This company built more than 400 efficient schools, hundreds of roads, more than 20 neighbors, was and still offering free medical treatment for its employees and their families and parents. It was not forced to do so, the company wanted to share its success with the society. Children who grew up in these neighbors, studied in these schools, received free medical treatment, became an important part of the company later and they believe in this cycle. Almost 70% of the company’s employees went through this cycle and they believe that their work will be reflected on the future of their children and society. The company understood

...