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I was reading
an advertisement for a car a few years ago and it was described
as being in excellent condition with one owner, how mileage and
a price that I couldn't believe. I thought it would be a perfect
car for my daughter so we ran over to the car dealer to take a look.
When we got there, there was a hoard of salespeople coming to assist
us. We asked for the car listed in the paper, and they informed
us it already sold - but pointed us to a similar make and model
at the same price - what a piece of junk it was and needless to
say we ran from that car lot and sales people.
This is an unethical
business practice known as bait and switch. It basically means that
something is advertised at a very appealing price. A buyer gets
"sucked" in (that's called the bait) on what the advertisement
said. When you get there, the advertised items has been sold, but
they just happen to have a similar (that's called the switch) product
that you would fall in love with in it's place. The switch is usually
of a lesser quality than what was advertised.
It's not an
ethical business practice. So, what is "ethical" for a
business or organization? Conscience is the basis of ethics. Conscience
is our "inner voice" of guidance. Both "conscience"
and" ethics" are abstract concepts and difficult to define.
Both are also human traits and require cognitive activity in the
brain. Therefore, for a business to be ethical, the individual human
leaders,as well as those under them, must have a well-developed
conscience. They are the business, you are the business. Any ethical
business starts with a leader with conscience, standards and values
and is carried down to the employees.
Think of a retailer
or restaurant that has two sets of books, you see it sometimes when
a register rings "no sale". This person is bending the
rules and this unethical practice recently brought two major companies
down: Enron and WorldCom. The leaders of each company were tried
in court and sentenced to time in prison. Their problems began with
the accounting firm that managed their books. The unethical practices
found a way right up to the top - and those individuals paid the
price.
Conscience is
the mechanism that helps an individual to distinguish right from
wrong and judgment from responsibility. The individuality a weak
conscience may lean toward weak ethics also. Technalign wants to
make certain that we all follow a code of ethics at the highest
standards. This code serves as our guide for dealing with business
and consumers. It's a protective shield for all of our customers.
In order to maintain customer goodwill it is important to maintain
an impeccable reputation combined with the ability to remain above
reproach.
We have become
a global company, mainly resulting from the needs of the business
and consumer communities. Conscience must prevail as the interaction
of the individuals representing Technalign. This is a tall order
and the successful individuals will be the ones who are accommodating
and ethical in all aspects of business dealings.
Yes, ethics
and business must be packaged together for the good of the community
- and the world. As we gain new understanding and appreciation of
the members of our global community, businesses will be able to
make many more ethical decisions which will be for the benefit of
all people.
Together at
Technalign, we need to show our good community standing and practice
the best in ethical behavior!
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