Question

Question Regarding the MBA Related with Class of Strategic Management ///////////

“We know that how we present data often can affect the audience’s conclusions about the data. In a recent article from Travel Weekly on the Department of Transportation’s on-time stats for airline arrivals, the argument is made that the airline industry pads its own statistics in order reap cost benefits, which may or may not be passed on to consumers. Is the reporting difference an ethical breach of confidence between the consumer and the industry?”

Answer 1

Yes, the reporting difference is an ethical breach between the industry and the consumers. The consumers rely on the statistics and the researches conducted to decide on a variety of factors affecting their travel itinerary. When an industry misleads consumers by padding its data represented to the consumers, there is an ethical breach of the trust the consumers put on the companies and the overall industry.

Also, the industry does this to bring down their own costs without benefitting the consumers in any manner. This is a pure capitalist move that facilitates and benefits the big companies without any trickled down benefits to consumers. Therefore, the swapping statistics is an ethical breach in every manner.