My intension with this assignment is to take an in depth look at business bluffing. I want to determine why it takes place and if it is ethical or not. Various people has various perceptions about business bluffing, my plan is to investigate these different perceptions and to form my own.
Definition
Bluff: When you deceive someone about something and give them a false impression about it. http://www.google.co.za/search?hl=en&defl=en&q=define:bluff&sa=X&ei=xeOITPflF4jO8wS77ODgDg&ved=0CBQQkAE
Business: Organizations that sells products or provide a service to consumers. http://www.google.co.za/search?hl=en&defl=en&q=define:business&sa=X&ei=A-SITLqRGYP49AS5u83gDg&ved=0CCMQkAE
Business bluffing: To deceive someone and get them to buy a product or service from the business by providing them with false information.
People deceive others for the sake of the organization; most people will do anything so that their organization can benefit from it.
Discussion
Bluffing in business may be ethical. Bluffing (deceiving) in certain situations may be more acceptable than in others. On the other hand, there is a true benefit from a reputation of honesty in business, as well.
While it may be true that the closer a businessman comes to the truth, the more respect he deserves, Carr suggests that most bluffing in business may be regarded simply as game strategy. Similar to bluffing in poker, Carr maintains that this business bluffing does not reflect the morality of the bluffer. Carr maintains that the ethics of business are game ethics, which differ from the ethics of religion or those of private life. http://www.helium.com/items/1227445-business-ethics-albert-carr-business-bluffing
The nature of business is comparable to poker: while both have a large element of chance, the winner in the long run is the individual who plays with steady skill. The ingredients necessary for ultimate victory are the same in both:
*Intimate knowledge of the rules
*Insight
References: Anon 2003. Profits Before People. Canada & the World Backgrounder; vol. 68, issue 6, May 2003, pp. 24-28. http://listing-index.ebay.com/cars/Ford_Pinto.html http://resources.metapress.com/pdf-preview.axd?code=v065406475345u26&size=largest http://www.google.co.za/search?hl=en&defl=en&q=define:bluff&sa=X&ei=xeOITPflF4jO8wS77ODgDg&ved=0CBQQkAE http://www.helium.com/items/1227445-business-ethics-albert-carr-business-bluffing http://www.helium.com/items/1227445-business-ethics-albert-carr-business-bluffing?page=2 Sherefkin, R. 2003. Lee Iacocca 's Pinto: A fiery failure; Exploding gas tanks killed and maimed hundreds and wrecked Ford 's reputation. Automotive News, 15 June 2003.