Human Life Worth: Business Ethics Human Life

HUMAN LIFE WORTH: Business Ethics

Human life is immensely important and thus business must seriously consider the impact of their product or services on human lives. However there are instances where people take unnecessary risks and thus lose their lives. In that case, we cannot hold the companies liable because it was not due to their faulty products or services that a person lost his life. Government must step in with regulations etc. To make it easier to see the difference between recklessness and responsibility.

Businesses generally have a very high responsibility towards their customers. They are required to ensure maximum protection of their consumers by making sure that everything is completely safe and properly tested before it enters the market. We cannot place a price tag on human life because each life is worth protecting. However if a person wants to do something reckless, then holding a company responsible would be completely unfair to the business concern and it would also give everyone a reason to abdicate their responsibility and instead blame others for their actions.

A good example of this would be over-speeding. A person who chooses not to follow the speed limits and instead goes over limit not only endangers his own life but also jeopardizes the lives on others on the road. But if instead of blaming that person, we blame the makers of his car for this problem then not only are we being unfair to the maker, we are also giving others an excuse to go over limit since they know that they won't be held responsible.