People are playing a game when they are engaged in a business a A specific form

People are playing a game when they are engaged in a

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People are playing a game when they are engaged in a business aA specific form in role morality. At the heart of ethical failiChapter 38 Action Fever?
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Wanting something that everybody wants- just like in an auction ( we desire things other ppl want)Costanza Fire syndrome?Selfish human way of willing to hurt and sacrfice others for their own goodExample: trying to escape fire and on your way you push someone away to save yourselfEntertainment voting paradox?Like uber Or american idol- want somebody to win but never vote for them We wish for an outcome but not willing to do anything about it Also called the curse of the first year consultant Blind capitalist (Agent of Capital)Companies work primarily to maximize the amount of money they are makingDriving force behind the business is to make moneyWhen a business just want to get money you can almost crash your businessAgents of societyBusiness is concerned about the society and environmental practicesHave great rankings in yelpEngage in charitable actsA successful business is a blend between agent of capital and agent of societyYou can’t just give everything away you should also want to focus also on making profitWe want business to have some regard about society, environment, etcWe cant have just agents of society but can have agents of capitalBust hump syndromeThat you bust your butt more than the person next to you.we over emphasize our prob and minimize other’s Pointing in a holeThere is a hole and no one does anything.Seeing a prob and not doing anything abt it Eg. seeing someone needing 911 and assuming that someone else is gonna callThe quantum psychology2 +2 = 4 , but a business will try to say its 5 , it will use the same info you are funded with and try to prove othewise Stereotypical wall street guyHow you look sometimes defines if you get the jobEx: The manufacturing guy. The gossip amplification effectSometimes gossip can have a big impact
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Ex: Boss going with lunch with someone.. AmplifiesChapter 1. Letter of the Law: how it is writtenSpirit of the Law: intention or contextApplication of the Law:how it applies to your specific circumstancesThe necessity of law (pg 8)Benjamin Rush "where there is no law, there is no liberty"Laws provide a crucial predicate to economic growth. Advantage- functioning legal sys that can with efficiency enforce laws that produce order and facilitates economic exchange.Types of laws needed to protect the markets of wealth include property, contracts, crime, finance, corporations, regulations, antitrust, labor law, taxation, and torts.Law and business strategyThe strategic managers realized that money spent to ensure that the company is complying with the law is not only the ethical thing to do but also a strategic necessity.Because law is an untapped source of competitive advantage that will continue to be
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  • Spring '08
  • BREDESON
  • Law, Common Law, federal court, Personal jurisdiction

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