{"id":11196,"date":"2022-06-24T06:15:08","date_gmt":"2022-06-24T06:15:08","guid":{"rendered":"https:\/\/www.booksofall.com\/cn\/?post_type=product&#038;p=11196"},"modified":"2022-06-24T06:17:47","modified_gmt":"2022-06-24T06:17:47","slug":"business-ethics-openstax","status":"publish","type":"product","link":"https:\/\/www.booksofall.com\/cn\/business-ethics-openstax\/","title":{"rendered":"The Business Ethics Workshop"},"content":{"rendered":"<h3>Captive Customers<\/h3>\n<p>Ann Marie Wagoner studies at the University of Alabama (UA). She pays $1,200 a year for books, which is exasperating, but what really ticks her off is the text for her composition class. Called A Writer\u2019s Reference (Custom Publication for the University of Alabama), it\u2019s the same Writer\u2019s Reference sold everywhere else, with slight modifications: there are thirty-two extra pages describing the school\u2019s particular writing program, the Alabama A is emblazoned on the front cover, there\u2019s an extra $6 on the price tag (compared with the price of the standard version when purchased new), and there\u2019s an added sentence on the back: \u201cThis book may not be bought or sold used.\u201d The modifications are a collective budget wrecker. Because she\u2019s forced to buy a new copy of the customized Alabama text, she ends up paying about twice what she\u2019d pay for a used copy of the standard, not-customized book that\u2019s available at Chegg.com and similar used-book dealers.<\/p>\n<p>For the extra money, Wagoner doesn\u2019t get much\u2014a few additional text pages and a school spirit cover. Worse, those extra pages are posted free on the English department\u2019s website, so the cover\u2019s the only unambiguous benefit. Even there, though, it\u2019d be cheaper to just buy a UA bumper sticker and paste it across the front. It\u2019s hard to see, finally, any good reason for the University of Alabama English Department to snare its own students with a textbook costing so much.<\/p>\n<p>Things clear up when you look closely at the six-dollar difference between the standard new book cost and the customized UA version. Only half that money stays with the publisher to cover specialized printing costs. The other part kicks back to the university\u2019s writing program, the one requiring the book in the first place. It turns out there\u2019s a quiet moneymaking scheme at work here: the English department gets some straight revenue, and most students, busy with their lives, don\u2019t notice the royalty details. They get their books, roll their eyes at the cash register, and get on with things.<\/p>\n<p>Wagoner noticed, though. According to an extensive article in the Wall Street Journal, she calls the cost of new custom books \u201cridiculous.\u201d She\u2019s also more than a little suspicious about why students aren\u2019t more openly informed about the royalty arrangement: \u201cThey\u2019re hiding it so there isn\u2019t a huge uproar.\u201d John Hechinger, \u201cAs Textbooks Go \u2018Custom,\u2019 Students Pay: Colleges Receive Royalties for School-Specific Editions; Barrier to Secondhand Sales,\u201d Wall Street Journal, July 10, 2008, accessed May 11, 2011, http:\/\/online.wsj.com\/article\/SB121565135185141235.html.<\/p>\n<p>While it may be true that the Tuscaloosa university is hiding what\u2019s going on, they\u2019re definitely not doing a very good job since the story ended up splattered across the Wall Street Journal. One reason the story reached one of the United States\u2019 largest circulation dailies is that a lot of universities are starting to get in on the cash. Printing textbooks within the kickback model is, according to the article, the fastest growing slice of the $3.5 billion college textbook market.<\/p>\n<p>The money\u2019s there, but not everyone is eager to grab it. James Koch, an economist and former president of Old Dominion University and the University of Montana, advises schools to think carefully before tapping into customized-textbook dollars because, he says, the whole idea \u201ctreads right on the edge of what I would call unethical behavior. I\u2019m not sure it passes the smell test.\u201d John Hechinger, \u201cAs Textbooks Go \u2018Custom,\u2019 Students Pay: Colleges Receive Royalties for School-Specific Editions; Barrier to Secondhand Sales,\u201d Wall Street Journal, July 10, 2008, accessed May 11, 2011, http:\/\/online.wsj.com\/article\/SB121565135185141235.html.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><iframe frameborder=\"0\" allowtransparency=\"true\" allowFullscreen=\"true\" style=\"width: 100%; height: 700px; border: none;\" src=\"https:\/\/online.visual-paradigm.com\/share\/book\/the-business-ethics-workshop-zxvxa8wm2?enforceShowPromotionBar=true\"><\/iframe><\/p>\n","protected":false},"featured_media":11199,"template":"","meta":{"_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"For the extra money, Wagoner doesn\u2019t get much\u2014a few additional text pages and a school spirit cover. Worse, those extra pages are posted free on the English department\u2019s website, so the cover\u2019s the only unambiguous benefit."},"product_brand":[],"product_cat":[172],"product_tag":[],"class_list":{"0":"post-11196","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-business","8":"first","9":"instock","10":"shipping-taxable","11":"product-type-simple"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Business Ethics Workshop - BooksOfAll Simplified Chinese<\/title>\n<meta name=\"description\" content=\"For the extra money, Wagoner doesn\u2019t get much\u2014a few additional text pages and a school spirit cover. 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