Cutting corners (as in the case of the peanut factory), cheating on your taxes or using questionable methods is a common practice today. In our business or any business for that matter, the practice of honesty should be applied. Sticking to your agreements or contracts even if things go not as expected, should be upheld. Some may object, but it makes good sense to be honest. It leaves you with a cleared conscience free from fear and stress of being caught in a bad situation. It gives peace of mind, leading to a good night sleep. Therefore, we should not allow our consciences to become insensitive to what is bad.
Someone once said "honesty is like an endangered, if not extinct, species in today's business world". We have all seen what dishonesty produced in the form of bad loans and unethical conduct on the part of some. It had a domino affect which ultimatelyresulted in an economic crisis. If people learn that we have deceived them even once, we will lose their trust and their business. On the other hand if we are truthful and honest, we will build reputations to last a life time. So then, it makes good business sense to be honest, be straightforward and honorable in our dealings with others.
A climate of trust and confidence develops when we pratice the golden rule "All things, therefore that you want men to do to you, you also must likewise do to them." And once an agreement has been signed, "let your word Yes mean Yes, and your No, mean No."