Read the following text to answer question
Dishonesty Only Provides Short-Term Benefits
Dan Ariely
Dan Ariely is the James B. Duke professor of psychology and behavioral economics at Duke University and the coproducer of "Dishonesty: The Truth About Lies." He is on Twitter.
Updated September 29, 2015, 3:22 AM
Is honesty for suckers? If by “suckers” you mean people who care about others and the social good, then yes, it is. If by “suckers” you mean people who care about the long-term aspects of their business (see the drop in stock price of Volkswagen) then yes, it is. And if by “suckers” you mean people who care about the meaning of their brand (I own a Volkswagen Golf and I don’t think I will ever be able to look at it again in the same way) than yes again. Any business with long-terms plans needs a culture of honesty to deter cheating and help maintain the pool of social trust. The bottom line is that dishonesty can be a good strategy for someone who is trying to maximize short-term profits. So, if you plan to stay around just for a short while, maybe it can be a profitable approach. But, if you have any long-terms plans it is important for your business to create a culture of honesty that will help the employees overcome short-term incentives for dishonesty and keep them in line with the long-term best interest of the company and society.
company and society.
And there is one more thing to consider, which is that when an individual or a company acts dishonestly, they
pollute the trust pool -- they erode the social trust we have in one another -- and we are all worse for it. This is why
we are, and need to be, outraged with Volkswagen, and why their act is not just about their cars – it is a betrayal of
the social trust, and the trust fallout I suspect will have an impact on all German manufacturers and all car makers.
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Topics: Culture, corruption, morality
Source: benefits> (Adapted)
Is honesty for suckers? If by “suckers” you mean people who care about others and the social good, then yes, it is. If by “suckers” you mean people who care about the long-term aspects of their business (see the drop in stock price of Volkswagen) then yes, it is. And if by “suckers” you mean people who care about the meaning of their brand (I own a Volkswagen Golf and I don’t think I will ever be able to look at it again in the same way) than yes again. Any business with long-terms plans needs a culture of honesty to deter cheating and help maintain the pool of social trust. The bottom line is that dishonesty can be a good strategy for someone who is trying to maximize short-term profits. So, if you plan to stay around just for a short while, maybe it can be a profitable approach. But, if you have any long-terms plans it is important for your business to create a culture of honesty that will help the employees overcome short-term incentives for dishonesty and keep them in line with the long-term best interest of the company and society.
company and society.
And there is one more thing to consider, which is that when an individual or a company acts dishonestly, they
pollute the trust pool -- they erode the social trust we have in one another -- and we are all worse for it. This is why
we are, and need to be, outraged with Volkswagen, and why their act is not just about their cars – it is a betrayal of
the social trust, and the trust fallout I suspect will have an impact on all German manufacturers and all car makers.
Join Opinion on Facebook and follow updates on twitter.com/roomfordebate.
Topics: Culture, corruption, morality
Source: benefits> (Adapted)
company and society.
And there is one more thing to consider, which is that when an individual or a company acts dishonestly, they
pollute the trust pool -- they erode the social trust we have in one another -- and we are all worse for it. This is why
we are, and need to be, outraged with Volkswagen, and why their act is not just about their cars – it is a betrayal of
the social trust, and the trust fallout I suspect will have an impact on all German manufacturers and all car makers.
Join Opinion on Facebook and follow updates on twitter.com/roomfordebate.
Topics: Culture, corruption, morality
Source: benefits> (Adapted)
According to the Webster's College Dictionary (2001, p. 1222), one of the informal meanings of the word sucker is "a person easily cheated, deceived, or imposed upon". Despite its meaning, it is correct to state that the word sucker in the first paragraph is associated with:
