To What Extend Should Companies go with Business Bluffing in Order to Maximize Profit?

To What Extend Should Companies go with Business Bluffing in Order to Maximize Profit? Essay example
Undergraduate
Essay
Philosophy
Pages 5 (1255 words)
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[Student’s Name] [Instructor’s Name] [Course name and code] 10 June 2011. To what extent should companies go with business bluffing in order to maximize profit? In the present age, when the people have become very conscious regarding the environmental issues and the health and safety aspects of business, businessmen are exposed to a lot of challenges…

Introduction

Bluffing in business is essentially a strategy of the like which is used in games like poker. The game strategy has no reflection in the bluffer’s morality. To a certain extent, bluffing increases the profitability without damage to the society whereas after that extent, damage to society is more than profit earned by the businessman. This paper determines that extent. When a businessman respects truth, he/she essentially considers it “the basis of private morality” (Carr). A businessman deserves respect for respecting the truth. Bluffing has become an essential component of many kinds of businesses. For example, in court, when a lawyer fights a case for a client, his/her job is to prove that he/she is not guilty regardless of what the truth is, and this is fully understood by the judge and everyone who is involved in the jury down the line. It is commonly said that the court is blind, which means that a judge can not take a decision if he/she believes one of the parties is right unless that party provides the judge with sufficient evidence against the criminal party. This is perfectly consistent with Henry Taylor’s statement, “falsehood ceases to be falsehood when it is understood on all sides that the truth is not expected to be spoken” (Carr). ...
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