In the average person’s daily life, we constantly encounter situations where we have to choose between two things, or persuaded by the people we encounter or our loved ones to do certain things or think a certain way. In the business world, this happens more often than not. The video titled “Conflict of Interest” and “Conformity Bias” in the series of videos titled Ethics Unwrapped produced by the University of Texas and narrated by Robert Prentice, they touch on the incentives that are presented upon us that may hinder our ability to perform our professional duties, responsibility and our ability to be independent and stand out.
In a Conflict of Interest, The University of Texas discusses how personal interest and gain is appealed to by companies …show more content…
Regardless if the majority is wrong and you know deep down its wrong, you are often compelled by those around you (the group) to agree on the fear of being casted out. Because there are more heads in a group to come to a decision matters that are more extreme and important are often decided by the group rather than one individual who thought otherwise is also known as “group think”. In not succumbing to conformity in the group, you are seen as not one with the group or the team. An example of this would be conformity of the Ford employees to sell the Ford Pinto to the public despite the warnings and dangers posed by the gas tank placement. Someone from the group of Ford employees must’ve thought that the placement and dangers of the gas tank were not worth the risk but could not speak out because they overcome the influence of the group and the group thinking surpassed his effect on the entire …show more content…
Have you ever read something or seen something and thought, that is JUST LIKE ME! That was the crazy part about “Conflict of Interest” and “Conformity Bias” by the University of Texas. I was appalled by how accurate the research on Ethics was! To start, “Conflict of Interest” covers the individual incentives and bribery of sorts to do something for personal gain, while “Conformity Bias” was about how a group can take away your individuality and independent judgment from decision making. In a way aren’t we all conforming to a group decision because personally we want to keep/gain friends rather than stand out and be alone? I sort of saw the two as being loosely related. I would give “Conflict of Interest” a 5 out of 5 stars because with all the examples and testimonies in the video, it really made me realize that people are generally out there to find ways to benefit for themselves and will find ways to gain something in a decision. Finally I would give Conformity Bias a 5 out of 5 stars because it explored the challenge and courage it takes for someone to stand up for themselves against a group decision. It also featured several very relatable scenarios and examples that make perfect sense and can really help people with standing up for their decisions, regardless if they are
In a Conflict of Interest, The University of Texas discusses how personal interest and gain is appealed to by companies …show more content…
Regardless if the majority is wrong and you know deep down its wrong, you are often compelled by those around you (the group) to agree on the fear of being casted out. Because there are more heads in a group to come to a decision matters that are more extreme and important are often decided by the group rather than one individual who thought otherwise is also known as “group think”. In not succumbing to conformity in the group, you are seen as not one with the group or the team. An example of this would be conformity of the Ford employees to sell the Ford Pinto to the public despite the warnings and dangers posed by the gas tank placement. Someone from the group of Ford employees must’ve thought that the placement and dangers of the gas tank were not worth the risk but could not speak out because they overcome the influence of the group and the group thinking surpassed his effect on the entire …show more content…
Have you ever read something or seen something and thought, that is JUST LIKE ME! That was the crazy part about “Conflict of Interest” and “Conformity Bias” by the University of Texas. I was appalled by how accurate the research on Ethics was! To start, “Conflict of Interest” covers the individual incentives and bribery of sorts to do something for personal gain, while “Conformity Bias” was about how a group can take away your individuality and independent judgment from decision making. In a way aren’t we all conforming to a group decision because personally we want to keep/gain friends rather than stand out and be alone? I sort of saw the two as being loosely related. I would give “Conflict of Interest” a 5 out of 5 stars because with all the examples and testimonies in the video, it really made me realize that people are generally out there to find ways to benefit for themselves and will find ways to gain something in a decision. Finally I would give Conformity Bias a 5 out of 5 stars because it explored the challenge and courage it takes for someone to stand up for themselves against a group decision. It also featured several very relatable scenarios and examples that make perfect sense and can really help people with standing up for their decisions, regardless if they are