Six Basic Business Minimums

Question 1

What are the six basic business minimums?

Answer 1

Reflect Christ in your business practice, be accountable, provide a quality product at a fair price, honour your creditors, treat your employees fairly, treat your customers fairly.

Question 2

How can you be accountable?

Answer 2

Have an accountability group that keeps you in check and gives you another opinion that is perhaps not preferable to your bias.

Question 3

What does it mean to be fair to customers?

Answer 3

Keep word, honour your practice. Don’t do things out of selfishness or conceit, take action out of humility.

Question 4

What is an example of treating employees unfairly?

Answer 4

Regarding them as below you if they have a lower income or lesser education. Do not show partiality.

Question 5

What is an example of treating customers fairly?

Answer 5

What you say to them should be in their best interest. Do not try to get a sale out of them even if you know it is not best for them.