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ETHICAL DILEMMAS: SPARK CORPORATION CASE STUDY
1
Ethical Dilemmas in Business Negotiations: A Case Study of Shark Corporation
Suzanne Pfau
School of Business, Liberty University
Author Note
Suzanne Pfau I have no known conflict of interest to disclose.
Correspondence concerning this article should be addressed to Suzanne Pfau. Email: sbpfau@liberty.edu
ETHICAL DILEMMAS: SPARK CORPORATION CASE STUDY
2
Abstract
Addressing ethical challenges in business negotiations is paramount to maintaining trust and integrity. This paper examines Coleman's request to mislead regarding a building's structural integrity in Shark Corporation. It explores the ethical considerations, consequences, and professional standards pertinent to this scenario alongside broader ethical implications and guidance from the AICPA Code of Professional Conduct and biblical principles.
Keywords
: Ethical challenges, Misrepresentation, Professional Conduct, Biblical Principles
ETHICAL DILEMMAS: SPARK CORPORATION CASE STUDY
3
Ethical Dilemmas in Business Negotiations: A Case Study of Shark Corporation
Coleman's request to mislead about a building's structural integrity presents Shark Corporation representatives with a significant ethical challenge. Upholding honesty and integrity is crucial in business, as misrepresentation violates trust, which is essential for sustainable relationships. This essay explores ethical complexities, emphasizing transparency, accountability, and adherence to professional standards. Conflicting interests in negotiations often create ethical dilemmas. This scenario, where Coleman advises misrepresenting a building's stability for Shark Corporation's benefit, exemplifies such a challenge. The essay examines this scenario's ethical considerations, potential consequences, and relevant professional
standards.
Response to Coleman's Request
Coleman's request to mislead the other party regarding the building's structural integrity presents a significant ethical challenge. As a representative of Shark Corporation, prioritizing honesty and integrity is imperative. Misrepresentation violates ethical standards and undermines trust, which is crucial for sustainable business relationships. "Misrepresentation of facts and figures by an accountant has a huge effect on the affected organisation and the economy in which
the organisation exists. " (Okougbo et al., 2021, p. 259). Upholding transparency and accountability in negotiations is essential to foster long-term trust and cooperation between parties.
The American Institute of Certified Public Accountants (AICPA) Code of Professional Conduct emphasizes integrity and objectivity in professional conduct. “The development of standards in codes of ethics is the principal way through which professional organizations attempt to communicate and impose the objectives and professional obligations on their
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