Focus on the reading \"Is Business Bluffing Ethical?\" by Albert Carr. In your p
ID: 386673 • Letter: F
Question
Focus on the reading "Is Business Bluffing Ethical?" by Albert Carr. In your paper, please include/respond to the follow items:
1) Briefly summarize Carr's justification of bluffing in business.
2) Consider Carr's argument in light of Utilitarian and Deontological (Kantian) ethics:
(a) Would Utilitarian ethics accept Carr's justification for bluffing in business? Why or why not?
(b) Would Deontological (Kantian) ethics accept Carr's justification for bluffing in business? Why or why not?
3) Are you personally convinced that bluffing in business is an ethically acceptable practice? Why or why not?
Explanation / Answer
1) Briefly summarize Carr's justification of bluffing in business.
Albert Carr compares business to poker and provides a justification of bluffing in business. Corporate executives often force the executives to be dishonor to their profession. Business is compared with that of the poker game. Business bluffing refers to bluffing in the game and does not refer to the personal morals and principles. For example, being truthful is being personally moral. However, the strategy of the poker game is to lie which is in contrast to the personal moral and does not define a person. Thus, business is a game.
The Poker analogy states that there are elements of chance to win, knowledge of the psychology of the parties involved is important, knowledge of the rule is very important for the success of the game, the parties should be self-disciplined and take a bold front.
Carr also proposes to discard the golden rule. In other words, the private citizen is not a business game player. The change in role refers to the change in the ethical standards and preferences. Business standards and the context to make decisions are way different from other ordinary moral standards.
To conclude, business does not make laws and the decisions are strategic decisions as they are based on the situation. Lying is different from deception. Hence, in business do not tell malicious lies. Political and business commitments are different from personal integrity. According to Carr, business bluffing is ethical.
2) Consider Carr's argument in light of Utilitarian and Deontological (Kantian) ethics:
(a) Would Utilitarian ethics accept Carr's justification for bluffing in business? Why or why not?
The Utilitarian Ethical Theory views an action as right or wrong based only on the consequences. Hence, the theory takes into consideration of other’s interest rather than one’s own interest. If business bluffing is beneficial to more people rather than one’s own interest, then business bluffing would be accepted by the Utilitarian’s.
(b) Would Deontological (Kantian) ethics accept Carr's justification for bluffing in business? Why or why not?
The Kantian Ethical Theory considers an action as right or wrong without refereeing to the consequences. Since bluffing in business is an ethically wrong act irrespective of the fact that it would benefit others, then Deontological (Kantian) ethics would not accept Carr’s justification for bluffing in business.
3) Are you personally convinced that bluffing in business is an ethically acceptable practice? Why or why not?
Personally speaking, bluffing in business is not an ethically acceptable practice even if it benefits others. This is because it is the violation of the professional code of conduct. Customers and the society believe that the business is truthful and follows the ethical code of conduct. If there is bluffing in business then you lose the trust of the stakeholders. Reputation will be lost in the long-run. Bluffing would be revealed to the world any time. It is difficult for a business to build its regime and gain a stronghold in the industry as before. Hence, bluffing in business is not an ethically acceptable practice.