management science tools and solutions are capable of fundamentally changing the structure and operation of business organizations and the societies in which they operate and of significantly changing, for good or ill, the lives and fortunes of every stakeholder. As a result, management science has raised significant ethical issues since its inception. For example, the introduction of scientific management in the first part of the twentieth century significantly increased the productivity of workers and helped fuel a dramatic rise in the standard of living. At the same time, it ushered in an era of regimented, mind-numbing assembly-line work; generated an uninspiring stream of cheap, standardized products; and, some might say, contributed to the creation of an excessively materialistic and wasteful society. One might reasonably expect that the incredibly powerful management science tools being introduced today will have as large an impact on society as the tools introduced more than a century ago. By considering what these impacts might be, one would hope that we can avoid being caught unprepared by some of the ethical issues these tools may create. choose the currently emerging management science trend (big data, machine learning, deep learning, etc.) that you believe raises the most significant ethical issues for the future. Respond to the following: Describe what you believe these issues to be. Explain why you think they are the most significant issues to be concerned about. Discuss how you believe these issues should be resolved or mitigated. Be sure to explore the impact of the trend you have chosen on all the stakeholders that might be affected by the implementation of the management science technology you have selected.
management science tools and solutions are capable of fundamentally changing the structure and operation of business organizations and the societies in which they operate and of significantly changing, for good or ill, the lives and fortunes of every stakeholder. As a result, management science has raised significant ethical issues since its inception.
For example, the introduction of scientific management in the first part of the twentieth century significantly increased the productivity of workers and helped fuel a dramatic rise in the standard of living. At the same time, it ushered in an era of regimented, mind-numbing assembly-line work; generated an uninspiring stream of cheap, standardized products; and, some might say, contributed to the creation of an excessively materialistic and wasteful society.
One might reasonably expect that the incredibly powerful management science tools being introduced today will have as large an impact on society as the tools introduced more than a century ago. By considering what these impacts might be, one would hope that we can avoid being caught unprepared by some of the ethical issues these tools may create.
choose the currently emerging management science trend (big data, machine learning, deep learning, etc.) that you believe raises the most significant ethical issues for the future. Respond to the following:
- Describe what you believe these issues to be.
- Explain why you think they are the most significant issues to be concerned about.
- Discuss how you believe these issues should be resolved or mitigated.
Be sure to explore the impact of the trend you have chosen on all the stakeholders that might be affected by the implementation of the management science technology you have selected.
Trending now
This is a popular solution!
Step by step
Solved in 5 steps
