Discussion topics

According to Albert Carr’s theory there are two factors that drive the business which is legality and profits. Albert Carr says that business is like a poker game and anyone can bluff in business and can reveal or conceal any information which can be used to their advantage. There are no ethics in a business similar to a poker game. We play in the favor of odds in both poker games and business. Being a financial firm Goldman Sachs works on the term speculation and they bluff to their advantage just like in poker. We can name business a mean game where anyone can win or lose and can cheat without following any rules or guidelines of the business or game. The end goal of the game and business is to win or gain profits irrespective of what measures were taken to reach the goal (Varelius, 2006). In a poker game there are certain rules to be followed and yet there is scope to bend those rules and bluff similarly there are rules and guidelines to be followed by a business and yet the business owners consider it as a game and make strategies to bend those rules and gain profits. The Federal trade commission sets some policies and guidelines and most of the companies follow the rules yet there are some companies who violate the rules but are still considered okay as the violation is common but not mandatory. Bluffing is a more common and negotiable way of lying and it makes the business owner position strong.