Best Answer

The answer is completely situation-dependent.

-In many situations it is important that information be kept confidential. Damage may occur to the company if it is thoughtlessly shared, even within the company.

-In other situations employees treat knowledge as power and use it or withhold it in their own best interests rather in the interest of the enterprise.

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Q: In business is withholding information for your own advantage the same as lying why or why not?
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Related questions

In business is withholding information for your own advantage the same is lying why or why not?


How did Ananias die?

A believer of Jerusalem struck dead for lying and withholding money he had pledge to the church.

What is the act of telling an untruth?

Lying is the act of telling an untruth with the intent to deceive or mislead others. It involves deliberately providing false information to create a false impression or gain an advantage.

How can people be dishonest?

People can be dishonest by lying, manipulating information, withholding the truth, or engaging in deceitful behaviors for personal gain or to avoid consequences. Dishonesty can stem from various motivations such as fear, insecurity, selfishness, or a lack of integrity.

What is the difference between lying and hidding the truth?

Lying involves deliberately providing false information, while hiding the truth involves withholding information that is relevant to a situation. Lying is an active form of deception, whereas hiding the truth is a passive omission of information. Both can lead to a lack of trust in relationships.

Can a cop be charged with perjury when testifying or are his statements just inconsistent?

ANY person who knowingly lies under oath can be charged with perjury. Note that just being wrong isn't enough. The person must be deliberately lying or withholding truthful information that they are required to provide.

What is the definition of dishonest practice?

Dishonest practice refers to any deceitful, unethical, or fraudulent behavior aimed at gaining an advantage or deceiving others. It can include actions such as lying, cheating, or misrepresentation, especially in a professional or business context.

Why are you lying?

Lying (speaking false intentionally) is to get something you want or avoid something you don't want, or want to happen. It could be to gain approval or material advantage. Lying down is something different. You are recumbent. Lying down is the usual way to sleep.

Why does Gene tell Phineas and Brinker the truth about leper?

Gene tells Phineas and Brinker the truth about Leper because he feels guilty for withholding information that could have prevented Leper's breakdown. Additionally, Gene realizes the importance of honesty and transparency in their friendship, leading him to come clean about what he knows.

What are the advantage and disadvantages of polygraph machine?

advantage: you come to know who is lying disadvantage: the principle is based on the human skin resistance, is the person who is subjected to the test is lying confidently then it will be difficult for the lie detector circuit to catch a lie because in this case you wont be sweating or feeling nervous

What features does business class airline travel have?

Business class air travel can offer a variance of amenities depending upon the airline being used. These can range from flat-lying seats, upscale meals, warm towels, plush pillows, upscale beverages, and many more. For the most accurate information, contact the airline you are considering for the information.

Is withholding the truth as bad as lyingWhy or why not?

I have had the truth withheld from me. The person who withheld the truth did not come clean, I discovered it by accident. I find it harder to know the truth was withheld (vs outright lying). I am confused. Do I really now know the whole truth now or is there more being withheld? If he withheld once, what's to say he isn't still withholding more? There is no resolution. I will always wonder. To withhold truth is taking away someone's options. You are designing the outcome of the situation by steering them with incomplete information. This is selfish.