“The Case of the Sole Remaining Supplier” demonstrates one of the many instances where individuals must contemplate their moral standards in reflective issues. In the situation disclosed in the case, readers are presented with a layout of facts where they are on the board of directors for a company that makes transistors and supplies them to other companies, one of which includes a business where the transistors are used to make pacemakers. Your company has now become the only remaining supplier of transistors since other companies would not sell to them. Because a company that sells malfunctioning products are held accountable for consequences caused by defects, risk is at hand.
Ethical affairs, less clearcut than business issues,
…show more content…
This would result in transistor supply cut off to the Pacemaker Company.
The fourth approach, the Common Good Approach, contributes the the ideals of community. Its focal point is that “interlocking relationships of society are the basis of ethical reasoning...respect for all others - especially the vulnerable - are requirements of such reasoning” (Velasquez 5). Here, the option that best serves the community and its welfare as a whole is the best. So the transistors would continue to be sold to make pacemakers since they could promote the wellbeing of the community as a whole in the long run, especially since heart patients are vulnerable.
At the end of the day, most individuals are most concerned with the impact of decisions on him/herself and his/her ethics. This is why The Virtue Approach calls for the best decision to be the one that leads the decision-maker to act as the sort of person, the sort of human being they aspire to be. The highest potential of our character comes into play here since morals are in role, and no one wants to admit to poor morals. With the Virtue Approach, the contract with Pacemaker company would persist due to the consideration of heart patients and the Board of Directors’ good intentions towards them.
Out
A philosophy of an organization helps differentiate themselves from their competitors and set a foundation for future success. It also helps shape an organization by presenting the goals they want to accomplish with specific activities. To improve this, many organizations understand the important of sharing values and goals and realize employee recognition. This helps staff from moving forward toward success of the organizations. Chapter 4 introduces “Codes of Ethics in Health Services.” Code of ethics is a guideline for healthcare professionals to accomplish and serve as a member of a society. Similar to other professions, managers have their own code of ethics in maintaining their duties and responsibilities. They also use the codes for ethical decision-making in dealing with ethical issues. Chapter 5 deals with “Organizational Responses to Ethical Issues.” It provides assistance for managers and organizations in their decision making. It is manager’s duty to figure out the problem and resolve it (Darr, 2011,
“If you don’t have integrity, you have nothing. You can’t buy it. You can have all the money in the world, but if you are not a moral and ethical person, you really have nothing”. –Henry Kravis - The American healthcare system delivers some of the finest care in the world. However, despite the high level of achievement delivered from the American healthcare system, it is afflicted with problems. Ethical issues that occur in the healthcare delivery system are indeed common. Almost every decision that is made in a healthcare organization has ethical implications. These ethical implications are towards the patient, provider and the leader of the organization. Ethics tend to determine which actions will contribute to an individual fulfillment of happiness. Ethics are very powerful and tend to presuppose freedom and responsibility in the organization. In my current place of employment the care of patients is integrated with medical research, which in return allows for the healthcare practices to continuously be studied and improved. As a healthcare leader or worker, decisions will be made when the common good of both the patients and organization must be taken into consideration. As an effective healthcare leader one must practice adhering to the ethical standards and codes of conduct for his or her individual place of employment. According to Rae (2009), there are 7 steps in making moral decisions. The seven
industry, is a proud one. Starting from its earliest pacemakers, which had to be carried outside the
Every day people make decisions that may have profound effect on their personal and/or professional lives as well as the lives of others. The decision people make have a foundation on their personal, cultural, and perhaps organizational values. When these values are in disagreement, an ethical dilemma occurs.
Management constitute amongst major components of a company, organization or a business. As such, management oversees employees interactions with their supervisors and also control of people within a particular organization. Also, it includes critical and ethical decision-making process so as to address various ethical dilemmas experienced by employees while undertaking their respective assigned duties within the company. Ethical dilemmas are hereby to stay as issues usually arise now and then and place a variety of options that bear different repercussions. Therefore, it calls for ethical and critical decision-making skills so as to make the most appropriate option that bears more benefits in comparison to other options presented. While making ethical decisions, it 's substantially important to play heed to a certain ethical decision-making theory. This would enable an individual making the decision to ripe best possible consequences rather than living to regret. Moreover, ethical decision making is typically important in business as making a wrong decision may result not only in huge losses but also poor relationship amongst colleagues and miserable life for employee(s) working in a particular company or business in question.
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.
Today, employees can be considered as the greatest strength of the company. They are the ones who help build the reputation of the company, it is their job to ensure the success of the business, which is why it is very important to keep them satisfied. A recent statistic shows that an American worker has an average of eight jobs in his career (Rudman, 2003). This stat shows how difficult it is to retain a core strength of a company. In this essay, an analysis of a case study is made. The case includes at first, a discussion between Chip Brownlee and Arch carter, the CEO and lead director of Galvatrens respectively. During this conversation, they discussed a lawsuit that a former employee sent to the company for being wrongfully relieved of his duty. Also in the case study after investigation the board of Galvatrens and their CEO made a meeting in order to tackle the problems and know what really happened. In this essay, it will explain the main ethical dilemmas in the case study, and according to these dilemmas a comparison will be made between utilitarian, libertarian, deontological and virtue ethics perspectives. Finally, as a form of an ethical point of view will be used to be the best solution to solve the dilemma of the recommendation.
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.
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.
Ethical behavior is virtuous and beneficial for business in any type of organization. In healthcare, the outcomes are improved patient care, dedicated staff and healthcare providers, and amplified market share. It obliges leaders, managers, directors, and supervisors to have a comprehensive interpretation of the role of ethical decision making (Winkler, 2005). Ethical health care organizations have incorporated and combined ethical practices and values, continuing education on ethics for everyone involved, successful ethics substructure, and morally spirited and dauntless leaders (Winkler, 2005). These organizations have a vision and statements that directs behavior and decision making.
In this case, the alternative that maximizes good for this and future situations is the decision to continue distributing/producing the product, but making sure that it is a great product. Finally, Step D is to draw a conclusion. Since I have come to the same conclusion that it would be beneficial to continue selling the transistors to the pacemaker company for the good of the their organization and its customers, it is safe to say that this is an ethical action because it will produce the most good rather than harm in the future.
Virtue ethics is a normative theory whose foundations were laid by Aristotle. This theory approaches normative ethics in substantially different ways than consequentialist and deontological theories. In this essay, I will contrast and compare virtue ethics to utilitarianism, ethical egoism, and Kantianism to demonstrate these differences. There is one fundamental aspect of virtue ethics that sets it apart from the other theories I will discuss. For the sake of brevity and to avoid redundancy, I will address it separately. This is the fundamental difference between acting ethically within utilitarianism, egoism, and Kantianism. And being ethical within virtue ethics. The other theories seek to define the ethics of actions while virtue ethics does not judge actions in any way. The other theories deal with how we should act, while virtue ethics determines how we should be.
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,
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.
ethical approach can be taken in the best interests of the company. Again, to maintain a strong