Morality of Competition in Business

Topics: Morality, Ethics, Aesthetics Pages: 2 (614 words) Published: April 16, 2010
Dennis Lennon
MGT 350-02
Alan Malachoski’s paper “Morality and Competitive Advantage” has a very interesting outlook on competition in the business world. The business “world” tries to describe its competitive behavior using evolution. Malachowski’s view on the evolutionary paradigm sheds light on the how business’ use their evolutionary beliefs to turn a blind eye,if not completely ignore moral behavior. This evolutionary idea believes that in order to be a successful business in today’s market you have to evolve and do whatever necessary to succeed. As a result society as a whole will view companies that have a competitive advantage as being better than others in the same business line. With this principle our society viewed business health as being won by using all legally necessary means to gain an advantage. The costs of using these principles were morals and ethics. One of Malachowski’s points dealt with morality within the nature of business. Past believes held that the business markets should be viewed a natural entity and they will change and evolve based on given situations. These ideas also held that putting moral constraints on business would produce high unnecessary costs. The next of Malachowski’s points was that the evolutionary paradigm encourages business’ to hide from moral responsibilities using their evolutionary beliefs and metaphors like “survival of the fittest”. The belief behind this idea is that moral responsibility is something that cannot be afforded in the “jungle of business”. Malachowski’s final point on how the evolutionary paradigm can show that the immoral side of human nature can be controlled and create beneficial results within the marketplace while operating at the most efficient point. He goes on to point out that it hard to believe that immoral behavior that is deemed as acceptable in the business world would not filter into peoples personal lives as well. Overall, Malachowski’s ideas state that the business...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Business Competition Essay
  • Essay about Business
  • Business Essay
  • Essay about morality
  • Business Essay
  • Essay on Morality
  • Business Essay
  • business Essay

Become a StudyMode Member

Sign Up - It's Free
Graphene Theme | Let's Eat Dinner Together | Marie Madeleine French DVDrip xvid