Selling Sub-Optimal Products
Webcast Q&A: Sunday, 15 April 2012, Question 4
In the live broadcast of Philosophy in Action Radio on 15 April 2012, I answered a question on selling sub-optimal products.
What should a businessman do if he decides that his product or service is not really good? More specifically, what should a businessman do if he's rises up in the business world on promoting a particular product or service, only to learn decades into the ventures that there are better alternatives? As a fictional example, let's take a mattress manufacturer CEO. He has spent decades of his life trying to make the most comfortable mattresses possible, but then read scientific studies that concludes that there is no healthier sleeping surface than the solid floor, and in using his honest judgment he agrees. Being so high up and so long involved in the mattress world, what are the moral range of options for him?
My Answer, In Brief: Morality in business does not requires producing optimal products, but only good products for honest trade. In this case, the businessman has a range of options, including some moral pitfalls to avoid.
Tags: Business, Ethics, Perfectionism
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- Philosophy in Action: Overcoming Perfectionism
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About Philosophy in Action Radio
I'm Dr. Diana Hsieh. I'm a philosopher specializing the application of rational principles to the challenges of real life. I received my Ph.D in philosophy from the University of Colorado at Boulder in 2009. My dissertation defended moral responsibility and moral judgment against the doubts raised by Thomas Nagel's "problem of moral luck."
My radio show, Philosophy in Action Radio, broadcasts live over the internet on Sunday mornings and Wednesday evenings. On Sunday mornings, I answer four meaty questions applying rational principles to the challenges of real life in a live hour-long show. Greg Perkins of Objectivist Answers co-hosts the show. On Wednesday evenings, I interview an expert guest about a topic of practical importance.
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