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Ethics in Management



             competition. Is that ethically wrong? That is a very hard call to make. .
             I recently had an experience of buying a new car. I shopped around Altus and also in Florida while on a .
             recent trip. I was in the market to buy a Ford Explorer. The prices seemed to be about the same in these .
             two markets. My wife and I decided to drive to Oklahoma City to look further. When we got there, the .
             first dealership that we saw had over thirty Explorers on the front lot with a recent shipment of more in the .
             back. Compared to the Altus dealership which had two. Immediately, I noticed that the price at that .
             dealership was $1,300 less than the same model with the same package in Altus. Both stickers said the .
             price quoted was the manufacturers suggested retail price. Already over $1,000 to the good, we decided to .
             look further. We found four Explorers that had an additional mark down of $2,000. This was because of .
             an engine style in the process of being phased out that had an additional rebate. Looking at the two .
             different model from Oklahoma City and Altus, we! .
             would save $3,300 by buying here. We decided to look no further. We selected the color and bought our .
             car. .
             Overall, we had a very pleasant experience but what about the people who buy from the Altus dealership .
             and spend over $3,000 more? Are they being unethically taken advantage of? That's a hard call to make. I .
             teach an equal opportunity class on base and during that class someone inevitably brings up car prices in .
             Altus as being unfair. Are these prices unfair or is it just the law of supply and demand? Two thousand .
             dollars that I saved in Oklahoma City were because that model car wasn't available to the dealership in .
             Altus. That difference can be easily excusable. The other $1,300, I have a harder time with. I took .
             detailed notes and both stickers were basically identical with the exception of price. Each indicated a .
             different manufacturers suggested retail price.


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