The Ethical Issue Of Raider Inc.

The purpose of this paper is to examine an ethical dilemma faced by a company who manufactures critical components for a pacemaker developer. The consequentialist ethical theory of utilitarianism will be used to evaluate the moral implications this company has in continuing further manufacturing for their pacemaker client. An overview of utilitarian ethics will be discussed, focused primarily around 17th century philosopher Jeremy Bentham’s ideas about ethics. His framework will be used to present factors that influence the transistor company’s business decision. Finally, the Utility Test and Common Good Test will be applied to the company’s predicament to help determine the correct ethical course of action for this

Ethics is defined as moral principles that administer a person’s behaviour. It is the basic perception and essential principle of decent human conduct. Issues concerning unethical approach are known as ethical issues.

Luke is an employee of ABC Company. He has been assigned to a construction of an adult entertainment retail store within a neighborhood his brother, Owen, lives in. The development of the retail store has not been made public yet and will be announced one month from today. This announcement will decrease the property values of the surrounding areas significantly. Owen is trying to sell his house. He told Luke that he recently received an ‘okay’ offer. However, in hopes that a better offer might be present itself in a few years after the real estate market improve, he has not taken the offer yet. Luke is very close to his brother, which makes him concerned about his confidentiality obligation to ABC Company.

Target Corporation is an American retailing company, founded in 1902 and headquartered in Minneapolis, Minnesota. It is the second-largest discount retailer in the United States. The company is ranked 36th on the Fortune 500 as of 2013. The first Target store was opened in 1962 in Roseville, Minnesota. Today Target operates 1,934 stores in the United States with over 347,000 team members worldwide.

This paper will look at an ethical dilemma regarding the Barton Company (as seen below). First Federal Bank has denied the Barton Company a loan. However, the comptroller paid some outstanding bills and then the loan was approved by the bank. The dilemma is, was the comptroller correct in his actions and should the bank loan them the money. Now, to look at what the text asked.

As with much of Enron, their outward appearance did not match what was really going on inside the company. Enron ended up cultivating their own demise for bankruptcy by how they ran their company. This corrupt corporate culture was a place whose employees threw ethical responsibility to the wind if it meant financial gain. At Enron, the employees were motivated by a very “cut-throat” culture. If an employee didn’t perform well enough, they would simply be replaced by someone who could. “The company’s culture had profound effects on the ethics of its employees” (Sims, pg.243). Like a parent to their children, when the executives of a company pursue unethical financial means, it sets a certain tone for their employees and even the market of the company. As mentioned before, Enron had a very “cut-throat” attitude in regards to their employees. This also became one Enron’s main ethical falling points. According to the class text, “employees were rated every six months, with those ranked in the bottom 20 percent forced to leave” (Ferrell, 2017, pg. 287). This system which pits employees against each other rather than having them work together will create a workplace of dishonesty and a recipe of disaster for the company. This coupled with the objective of financial growth, creates a very dim opportunity for any ethical culture. “The entire cultural framework of Enron not only allowed unethical behavior to flourish,

In the 1980s, discount retailer began taking over the market share and Sears, Roebuck, and Co. began to experience financial difficulties. To counter these issue Sears developed an incentive plan to increase profit in its auto centers. The incentive plan lead to many complaints of mechanics misleading and charging customer for repairs that were unnecessary. These allegations were denied by Sears and an action plan was created to resolve any isolated errors that may have occurred. Chuck Fabbri, a Sears mechanic from California, wrote a letter to US Senator Rich Bryan stating that Sears claims of improvements of their incentive plan are not true. Fabbri stated Sears may call the compensation a piecework, but it is

The current issue involves Luke, an employee of company ABC (ABC), and his conflict between obligations to work and to family. Luke is responsible for developing land purchased by ABC to construct an adult entertainment retail store. The future building is located at the corner of the neighborhood near where Luke’s brother, Owen, lives. Being an insider, Luke knows that the presence of the business will diminish values of surrounding houses considerably. The company plans to announce this plan publicly a month from today.

Potential Solutions The Carlson Company has two potential solutions for their dilemma of whether or not to expand. The first one being they can reject the expansion and let this business opportunity slip away from them. Obviously, there was some conflict internally between the board and higher executives at the company which would lead to a tough expansion. When a business opportunity is this advantageous and consequential there needs to be cohesion among executives to ensure smooth expansion.

The corporate raiders will target companies with high value, and this is perfectly logic because nobody will attack a company that has a value less than the expenditures to be incurred or is so well protected that the takeover is impossible.

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.

2. Ethical Issues in Business. It seems that every day in the news we are hearing of new company that has acted at least unethically and possibly illegally in the operation and financial reporting of their company's business dealings. There are many ethical issues in business. One major issue that we see is over and under reporting net income. Companies like to show that every quarter the net income of the business has an increase or profit. In order to show this they adopt unethical or illegal means in the operation and financial reporting. One such method is the indiscriminate use of stock options for employees that enable companies to take employment costs off balance sheet and inflate earnings. With the recent ethical issues we have

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

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 something that is very important to have especially in the business world. Ethics is the unwritten laws or rules defined by human nature; ethics is something people encounter as a child learning the differences between right and wrong. In 2001, Enron was the fifth largest company on the Fortune 500. Enron was also the market leader in energy production, distribution, and trading. However, Enron's unethical accounting practices have left the company in joint chapter 11 bankruptcy. This bankruptcy has caused many problems among many individuals. Enron's employees and retirees are suffering because of the bankruptcy. Wall Street and investors have taken a major downturn do to the company's unethical practices. Enron's competitors