Given scenario:
Person X is the owner of the small company which provides heating oil to business customers and residential customers in the rural country. Person X is a respected member of the community. Due to energy efficiency and a move away from oil heat, the profits are cut down to nothing. Person X hired Person H for the post of marketing manager. During the prior heating season, due to increase in the oil prices, customers are comfortable to pay more than $2.60 per gallon. However, Person H stated that providing the special offer (pricing $2.40 per gallon) helps to give more profit.
To determine: The underlying ehtical issues in the given scenario.
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Chapter 1 Solutions
Business Esentials, Student Value Edition Plus 2017 MyLab Intro to Business with Pearson eText -- Access Card Package (11th Edition)
- Why all ethical decisions can be covered by political, economic legal, or company rules and regulations.arrow_forwardWhich Stakeholders directly affected in ethical dilemma?arrow_forwardWhat are the ethical considerations that organizations should be cognizant of for their future business endeavors? At the strategic level, what are the top challenges and concerns? Why?arrow_forward
- Identify 6 classical ethical principles. Briefly explain each of them.arrow_forwardDiscuss the ethical challenge of working and ethical responsibilities in Organization, explain: The type of ethical challenge: Unrealistic and Conflicting Goals Why do 'Unrealistic and Conflicting Goals' become unethical What are your suggestions to resolve this ethical challengearrow_forwardWhy is it crucial to address ethical issues in business?arrow_forward
- How can a business company or organization solve unethical issues? Alternatively, how would you solve it? Justify your answer using at least two ethical views or theories.arrow_forwardWhat does Self-regulation involve?arrow_forwardWhat unethical practice is taking place in the above image?arrow_forward
