Thursday, May 7, 2020

Albert Carr, Milton Friedman and Immanuel Kant - 970 Words

Ethics is related to an individuals principled judgments about right and wrong. The decision that is made by the individual will influence the business environment ethical circumstance. Therefore, every decision that is made by the employees must use their moral judgment to decide what they think is the right actions to behave. Wherein this action may possibly involve rejecting the primary focus of the company, which is to maximizing the profit. In addition, Albert Carr, Milton Friedman, and Immanuel Kant did a good job of explicating about a theory of business ethics. However, what theories are appropriate and whose behaviors become the standard ethics? Albert Carr, who wrote â€Å" Is Business Bluffing Ethical?†, believes that bluffing is a natural way of business. He argues that when people are in business, they should follow a different moral code than they would in ordinary circumstances. In his perspective lying is acceptable if it can bring benefit and profit into the business. As he indicated â€Å"most bluffing in the business might be regarded simply as game strategy†(p.136). In fact, achievements are considered as a good action even though they may violate ethical norms in the society. In that case, Carr’s theory gives people the impression that it is okay to bluff or lie if that actions can bring a high profit to the business. Moreover, Carr believes that being perfectly honest in business atmosphere would be harmful to its success.. He demonstrates his point of

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