Joe Raymond is a sales manager at Granite, Rock and Sand, and is in jeopardy of losing his job if he does not improve his unit’s sales performance. Joe cannot afford to lose his job because he will not be able to pay his mortgage on his new home. He began to interview candidates for a vacant position in this unit, where he is approached by a candidate, Jessica Morris, a former employee of Granite’s competitor, Silt, Sand and Such. She offered Joe inside information on Silt, Sand and Such that would help solve his problems on the condition that she is hired for the job. Joe is now faced with an ethical dilemma -- accepting her offer to save his job and home, or refuse it and hire someone more suited for the vacant sales position.
Joe’s
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Consequences such as, the information offered by Jessica if used will violate the property rights of Silt, Sand, and Such and if it is found that the trade secret was handed over and used by Granite, Granite may face a lawsuit. An ethical egoistic decision may also lead to hiring someone who is not valuable beyond the information that is traded and a decision will have to be made to fire her later on. She might then take Granite secrets to other competitors to acquire another job. This will affect the company negatively, resulting in loss of credibility and profits. As a result, Joe Raymond will lose his job, reputation and possibly his home.
By making his decision based on virtue ethics Joe will be able to establish a positive moral character by exhibiting characteristics of a honest, true and fair individual. By doing what is virtuously right Joe will hire someone more suited for the job, who hopefully will help boost his unit’s sales. Joe will have a clear conscience and not be worried about information being leaked on him acquiring stolen property. Joe Raymond will avoid having a tarnished reputation. With virtue ethics Joe will be able to think logically, rationally, and objectively. He will put the needs of the organization first in the most ethical manner which will hopefully be beneficial to himself and the company.
Making ethical decisions in is very difficult especially when faced decisions
Past research has discovered that managers react to ethical dilemmas according to the situation. If specific values that are related to ethical behavior can be identified, they would offer strong tools for managers who want to retain high standards of ethical behavior in their society.
Murrin, J. M., Johnson, P. E., McPherson, J. M., Fahs, A., Gerstle, G., Rosenberg, E. S., & Rosenberg, N. L. (2012). Liberty, Equality and Power (6th ed.). Boston, MA: Cengage.Last Name, F. M. (Year). Book Title. City Name: Publisher
| * Transgression of Preference: Equality chooses International 4-8818 as his friend * “The laws say that none among men may be alone, ever and at any time for this is the great transgression.” * Transgression of communication: Equality speaks to Liberty even though Liberty is from different trades. * Transgression of Preference: Equality prefers to be placed into the House of Scholars
William H. Shaw & Vincent Barry, . Moral Issues in Business. 11 th ed. California: Wadsworth Cengage Learning, 2010-2007. 211-219. Print.
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
Ethics involve an individual's moral judgments concerning what is right and/or wrong. Individuals or groups of people are responsible for making decisions in an organization (shaw, 2008). Decisions within the organization are always emanate from the company's culture. However, the decision to act ethically and morally requires an individual judgment. Thus, members of staff are obligated to make decisions that reflect their right course of action (shaw, 2008). This involves rejecting the option that could lead to the greatest short-term gain. The leadership of most organizations stresses the need to adopt ethical behaviors and corporate social responsibility. Ethical dealings can earn the organization various benefits. For instance, it may attract more clients to the business thus boosting sales; employees could be motivated to stay longer in the organization thereby reducing recruitment expenditures. Ethical behaviors could also earn the business a favorable reputation that could attract investors. Categorically, a lack of social responsibility or unethical behavior may hurt the firm's reputation and scare away investors. Sales and profits could fall in the process.
(Panza & Potthast, n.d.) Ethics is very important to a company’s success. Ethical behavior can bring benefits to a business. They can attract customers, which can lead to a boost in sales and profits. It can attract the right employees and increase productivity. It can also attract investors and keep the company’s share price high. Unethical behavior on the other hand can damage a company’s reputation and make it less appealing to stakeholders. It could also result in lower profits.
Virtue ethics are focused on a person showing values such as dependability and honesty. Brad would be dependable by ensuring the customer’s safety and honest by correcting what had to be done instead of ignoring what was right. However, he would not be showing loyalty by going against the customer’s wishes, but that could be corrected if Brad informs the customer. Virtue ethics are concerned about the inner person and an individual’s intent; it was Brad’s intent to protect the customer from potential injuries. Brad was more in the right in terms of virtue ethics.
Ethical issues have greatly transformed in our lives since the great Enron, Xerox and other huge corporations proposed big profits showing earnings of billions of dollars and yet in reality facing bankruptcy. These corporations faced great trouble with the federals and state for manipulating financial statements. But not only corporations can be blamed on this, accounting firms were involved in this as much as the corporations were. With the business stand point, ethics comprises of principles and standards that guide behavior. Investors, traders, customers, and legal system determine whether a specific action is ethical or unethical. Ethical issue is a vast subject, but we will look at the niche
Ethics is the guiding force in any respectable organization. With a moral compass, especially in the leadership of organization, a company can become compromised and fall into a quagmire of legal issues, a tarnished reputation, and devaluation of company stock if it is a publically traded company. In pursuit of examine my own ethical lens I will analyze the ethical traits of an admired leader, my own traits as exhibited in the Ethical Lens Inventory, and how I make a decision concerning a particular ethical dilemma.
Jean McGuire works as a sales representative for Sunrise Land Developers selling land to potential customers (hot prospects). Jean’s role as a land salesperson is to help the prospect make a decision to buy the property. When she is told by the Sales Director Wright Boazman to use a variety of effective “deal-closing techniques”, Jean realises such techniques are nothing more than a form of psychological manipulation in order to deceive customers into buying land. To make matters worse, due to the lack of sales in the past six months, Jean is afraid of expressing her views and feels pressured to catch up with other employees or else she might lose her job. Jean may have an ethical dilemma to either deceive customers or stay sincere; each choice, potentially affecting her employment. This essay will use a comparative analysis to discuss the characteristics of Jean’s ethical dilemma. In particular, it will explore the ethical issue by using consequentialist and non-consequentialist theories such as egoism, utilitarianism, and kantian ethics. Because most ethical dilemmas are complex. It is useful to look at the problem from multiple perspectives in order to make an informed ethical decision (Corey et al., 2011).
On 5 June, Saudi Arabia, the United Arab Emirates (UAE) and Bahrain severed relations with Qatar. How did it started? The underlying tensions between Qatar and three of her Gulf neighbors have been visible for two decades. This is a region largely of absolute monarchs - kings or emirs - who have in common a very firm grip on politics at home, to head off any dissent which could represent a threat to their individual regime survival. But the emir of Qatar pursues a series of policies which simply don't fit into the rigid orthodoxy expected by most of the others, notably Saudi Arabia, the superpower of Sunni Islam. His unconventional foreign policy is a threat to Sunni solidarity, particularly because the emir and his ministers promote
Developing countries are faced with many different difficulties when trying to become self-sustainable. One factor that can push success in your favor is have a supply of natural, obtainable resources. Countries with larger amounts of natural resources are more successful economically and face fewer difficulties when developing than those who are not.
Moral and ethical integrity is a major factor that affects the success and productivity of an organization because of its impact on the functions of management and the management team. As organizational ethics has increasingly become an issue of major focus resulting in organizations to face huge dilemma, there have been several questions on who should manage ethics and integrity in the firm (Segon, n.d.). In most cases, organizations tend to delegate the ethics function to the human resource management practitioners or department. This is primarily because organizational ethics is largely related to the type of employees within an organization. Notably, the development and establishment of organizational ethics is regarded as a complex
Virtue ethics are focused on a person showing values such as dependability and honesty. Brad would be dependable by ensuring the customer’s safety and honest by correcting what had to be done instead of ignoring what was right. However, he would not be showing loyalty by going against the customer’s wishes, but that could be corrected if Brad informs the customer. Virtue ethics are “Concerned about the inner person and an individual’s intent”; it was Brad’s intent to protect the customer from potential injuries (Newberry). Brad was more in the right in terms of virtue ethics.