Facts
Luke, an employee of ABC Company has an ethical issue that makes him go and look for advise at the Ethics Department of ABC Company. The department of Ethics Department is dedicated to advise employee and prevent any risks of losing their jobs because of unaware immoral decisions. Now that the company has decided to build an adult entertainment retail store, Luke has come across a big decision. The Department of Ethics needs to help Luke decide to whether, obey his commencement with ABC Company and keep confidentiality until they make it public, or to warn his brother, Owen (who lives in the neighborhood that would be affected) that his house would substantially depreciate and he may lose money if he does not sell the house now
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In other words, utilitarianism stays that the best decision is the one that would benefit the majority. In this case the stakeholders are Luka, Owen, their families and the company. If Luke decides to take this approach, he would have to analyze each stakeholder’s point of view and come up with the decision that would bring the greatest good for the large number. He will have to ask himself which decision would affect the least at both parties? If by telling his brother would ruin not only the project but also potential employees? On the other hand, the company could go ahead and do the project anyway if he tells his brother not to tell anyone else.
Universal Ethics
Known as Categorical Imperative by Kant. This theory stays that one should take into account each individual’s opinion and come up with a decision that would benefit all. Probably the most difficult decision of the three, Luke has to come up with a solution that would help his brother sell the house on time without breaking the company’s moral and confidential code. Luke has to think about what the universe would consider the most moral thing to do? And which decision would benefit each participant.
Conclusion
Luke has a hard decision to make; he wants to be a good employee and a good brother. I do think you have to respect and honor your promises (in this case the commitment you have with the ABC Company) However, I could see myself in the position of wanting to help my
Utilitarianism is a teological ethical framework that offers a way to analyze the transistor company’s dilemma. Utilitarianism is consequentialist in nature, meaning that the theory only takes in account the consequences of an action to determine if that action is morally right. More specifically, Kay (1997) explains “utilitarian ethics defines morality in terms of the maximization of net expectable utility for all parties affected by a decision or action” (p. X). For example, it would be acceptable to a utilitarian to kill one person if it meant saving two more people. This is in stark contrast with deontological ethics, which prohibits actions that use people as a means to an end.
The utilitarian approach takes all the stakeholders into consideration and prefers the “…option that does more good than harm to stakeholders”. (Ethics Video 1) In this case, Luke must analyze which decision will create the most value and benefit for the stakeholders which include some of the following: investors, employees, ABC’s reputation and partnerships, Owen, and the person buying the house from his brother.’
Ethics and moral obligations are issues we all encounter at one time or another. In the professional setting, all people should act in a manner that would uphold the good of society. To be ethical, one has to determine their obligations, moral ideas, and moral philosophy (Boatright, p. 19, 2009). The case analysis involving Jacob Franklin was a perfect example of how an individual can face the dilemma of doing what is right or wrong. Businesses have their own code of ethics, and the employees within the business have to determine whether or not they will follow the company’s code of conduct. I will discuss several ethical issues in the case analysis including; failure to report information, remaining silent regarding faulty equipment,
Management is often faced with ethical dilemmas that have no clear cut correct answer. In our case study, (1)Desperate Air, George Nash, Vice President of Real Estate faces a conflict of values similar to the CEO in Seglin’s article, “How to Make Tough Ethical Calls”. They both want to tell the truth and they want to protect their companies, their investors, their employees, and their own livelihood. Neither Mr. Nash nor the CEO conducted a through examination of the problem they faced. I believe the decision to remain silent made by both Nash and the CEO to be short sighted, based solely on short term profit, and would not have been the route I would have taken.
A newspaper columnist signs a contract with a newspaper chain. Several months later she is offered a position with another newspaper chain at a higher salary. Because she would prefer making more money, she notifies the first chain that she is breaking her contract. The courts will decide the legality of her action. But what of the morality? Did the columnist behave ethically?
The problem to be investigated is the application of business ethics. In the business world, ethics are extremely important. Ethics are prime elements that help a business to grow and to become more productive. It is by applying proper business ethics that a business can operate in a moral or ethical business environment and managed to conduct all activities in a manner that maximizes profits while not compromising all other non-economic concerns(Schwab, 1996). Businesses have over the years failed to nurture business ethics in order to fulfill shareholders' interests and to have a culture that is oriented towards profit maximization and high performance(Jennings, 2012; Sims & Felton, 2006). This has led business to have gray areas in their activities. Gray areas are those situations or problems that do not fit exactly into any ethical analysis. These are the activities which may be represented to be immoral as a result of lying and false representations on the part of the business.
ABC Learning Ltd was an Australian provider of early child hood education services, founded in Queensland in 1988, that through its 18 centres was the largest single operator of early childhood education services in Australia by 1997. Led by founder Eddy Groves, ABC Learning Ltd continued to grow, through the opening of new centres and the acquisitions of rivals i.e. peppercorn Childcare in 2004 in which 450 centres were purchased for $340 million. “By 2008, ABC Learning was the largest provider of childcare, holding around 20 per cent of the long day care market and providing care to over 100 000 children” (Senate education, employment workplace relations committee, 2009).
The movie “Glengarry Glen Ross” presented a series of ethical dilemmas that surround a group of salesmen working for a real estate company. The value of business ethics was clearly undermined and ignored in the movie as the salesmen find alternatives to keep their jobs. The movie is very effective in illustrating how unethical business practices can easily exist in the business world. Most of the time, unethical business practices remain strong in the business world because of the culture that exists within companies. In this film, the sudden demands from management forced employees to become irrational and commit unethical business practices. In fear of losing their jobs, employees were pressured to increase sales despite possible ethical
If he does not take the job, it is decidedly worse for the general good as he would be giving up the job to someone with high aspirations to develop the field of chemical and biological warfare. This is a danger to society. In taking the job, George is providing his family with a healthier living and also, as a result of his lack of enthusiasm, he is slowing down the progress of chemical and biological warfare projects. In this way, utilitarianism is showing that integrity is meaningless. These similar ideas are expressed in Williams' second example.
The damaging nature of this so-called news concerns Luke. To complicate the issue, Owen told him that he received an offer to sell his house recently
Luke’s ethical dilemma is clear: The conflict that Luke faces is between disclosing confidential information about his company to his brother and being 100% and/or remaining loyal to his close family member. Luke is faced with the dilemma of choosing whether or not he should disclose workplace sensitive information about project plans of ABC. In conjunction with such, Luke must also decide if he should revile insider information, against company obligation policy, that the in expectation of the property value in the area is expected to go down drastically to his brother Owen.
It is a relevant ethical dilemma because it is a situation in which an ethical decision needs to be made by a businessman (CFO of Gabriel Resources) where viable options to this case are available which will be judged further in this essay by applying ethical theory and concepts.
The ethical dilemma Bob faces in this case is a transaction that makes Bob question his and the company’s ethics and legal obligations. It’s February, business was slow, the company was $5,000 below their breakeven point, and it appeared as if a
Using 2 different companies as example, analyse and evaluate the ethical decision making process within a business setting.
Penny faces these ethical dilemmas and needs to decide what to do next. The primary stakeholders include Penny, Art, Ron, the Sales Manager Rhonda,