Skip to main content

Two Schools of thought (Business Ethics)

Image courtesy of winnond 


A 6 year old boy that was going to make breakfast for his Dad on his birthday. While he was trying to toast bread, he spoilt the toaster he had just purchased for $200. Now a school of thought will say the boy should be scolded since he spoilt the toaster, that he should not have touched the toaster. Another school of thought will say his intention was pure so he should not be scolded but thanked for his effort, however should be told in a very nice manner to seek adult supervision in future. Well, I agree with the latter. The boy should be thanked, that way you encourage him to keep doing good. He wanted to put a smile on his father's face. As such, he should be appreciated for it.

P.S Parents do not tell your children they are asking you a stupid question, no question is stupid. If they do not know let them ask and that goes for adults too, if you do not know, ask. I overheard a father telling his daughter she just asked a stupid question and he was scolding her for it. I am thinking she will be like 5 years old or so. You undermine a child when you tell them they are asking a stupid question. You need to start nuturing the confidence of children from a tender age.

Everything happens according to the will of Allah (you have freewill therefore you are responsible for your actions). Everything should be done deliberately for the sake of Allah. Part of doing something deliberately for the sake of Allah means hoping for a reward from Him.

Keep checking my blog regularly. Cheers

Comments

Popular posts from this blog

How can your strategy be successful

Hello readers, today I will be telling you about ways to make your strategy a successful one. The scope is your strategy must be fit, in other words your strategy must be consistent with the environment your business operates in. When I say environment, I am talking about both external and internal environments. Thus, you must understand the political, economic, socio-cultural, technological and legal environments your business operates in. The environmental protection that affects your organisation must also influence you when formulating your strategy. Therefore, PESTEL analysis can be used to understand the external environment of your business. The internal environment also needs to be understood, as your strategy must also be in alignment with the internal environment. Understanding your internal environment will help you know the resources your business has, the capabilities of your business as well as the structure and system. The SWOT analysis can be used to help y...

The Istikharah Prayer

Hello readers , today I will be telling you about the Istikharah prayer. It is a prayer of guidance. When you want to make a major decision in your life, it is best you seek Allah's guidance. You should always pray to Allah to guide you through the right path in your daily activities. Istikharah prayer is recommended for a major decision such as getting married, starting a business and others. How do you perform the Istikhara prayer? Make two rakats (Nafila). During your first rakat, after reciting Surat Fatiha recite Surat Ikhlas, during your second rakat  after reciting Surat Fatiha recite Surat Kaafirun. After saying Asalam Alaykum Waramatullahi to the right and then the left recite this: "Allahumma inni astakhiruka bi-ilmika wa astaqdiruka biqudra-tika, wa as'aluka min fadlikal Azeemi fainnaka taqdiru wa la aqdiru, wa ta'lamu wa la a'alamu, wa Anta Allamul-Ghuyubi, Allahum-ma in kunta ta'lamu anna  [then mention the thing to be decided] khairun ...

How to Make Money from Gold

We used to operate in a gold standard system in the past, it is common knowledge that we presently operate in a dollar based system.  A system where each country measures the value of its currency against the dollar for the dollar based system and the gold for the gold standard system. The gold used to be a yardstick for measuring the value of a currency, although it is no longer used to measure the value of currencies these days, it has maintained it's prestigious value. Gold a very valuable metal, its prices depreciates at times and appreciates other times, but looking at its trend over 100 years, the prices have always appreciated over 10 years or above. From 2006 to 2015, the gold price per ounce appreciated by 200%, while from 2002 to 2015 it appreciated by 300%. So Long term investors go ahead and purchase gold. You must always pay zakat on the value of your gold when it reaches the nisab which is 87.48 grammes. However, you can give charity (sadaqa) from it. Alla...