Case Summary:
Major League Baseball is one of the oldest sports leagues in the U.S. Commissioner BS was a commissioner from 1998 to 2015. He took control of all the activities related to the sports league like the official website, statistics, schedules, etc. He hired B, who was given autonomy to run MLABAM. He gave maximum profit to the league. It generates hundreds of millions of dollars annually. The sport became the envy of all the sports. Although B gave millions of profits, he conducted bad behavior towards his fellow mates. He used to party and engaged them in alcoholic habits, he was having sexual affairs with colleagues. He misconducted everyone. All his behavior was ignored as he gave profit and business to the league. Later, complaints were done against him, and was accused of misconduct. He apologized for the behavior and left the league.
Interpretation:
Whether BS was to be inducted into Baseball Hall of Fame in 2016 or not.
Want to see the full answer?
Check out a sample textbook solution- How would a stakeholder approach, if taken by the companys top leaders and board of directors, have possibly prevented the crisis?arrow_forwardAs the Chief Executive Officer of your company, you must make sure that you take care of your stakeholders and their interest. However, during this pandemic, this responsibility has become harder for you to do- 1. the shareholders are expecting more profits from the company 2. the customers are expecting lower prices of your products 3. the employees do not want to lose their job 4. the owners are expecting more stable business. Questions: 1. As a CEO, who will be your first priority stakeholder. Why?arrow_forwardWere there any other legislation or initiatives that came into being after the Sarbannes Oxley Act was passed? Yes or No if yes please explain?arrow_forward
- Please read the case and answer the questions at the end. Please respond to two of your peers. Do you agree or disagree? State University employs a large number of graduate students to work as teaching assistants. The teaching assistants often complain about their work. They feel that faculty and administrators demand too much. A common complaint is their low wages. The graduate students frequently point out that they do much the same work as faculty members, yet they receive only a very small percentage of the pay that faculty members receive. They also claim that faculty members frequently treat them unfairly. Teaching assistants are often asked to do large amounts of grading in very short time periods. Many also feel that faculty members are not very good at communicating expectations. In response to the dissatisfaction of the teaching assistants, a local union representing public workers has begun efforts to organize a labor union. Union representatives have obtained campaign card…arrow_forwardWhat was Purdue Pharmaceuticals’ Role Behind the Opioid Epidemic? What was the ethical dilemma that Purdue Pharmaceuticals faced? Should the Sackler family corporate executives, been sent to jail? Were the fines sufficient?arrow_forwardFilm subject Justin Rosenstein says, “ You look over at the other [political] side, and you start to think, ‘How can those people be so stupid? Look at all of this information that I’m constantly seeing. How are they not seeing that same information?’ And the answer is: they are not seeing that same information.” Do you think it’s important for everyone to have the same set of facts? Do you follow people and sources you disagree with? Why or why not?arrow_forward
- 1. Describe the truth, principle and concept that have impacted you the most from this Ethics course. 2. How has this Ethics course clarified your role as an ethical/moral decision maker? List and describe 3 most important changes this course has brought to your life and leading? 3. Tell us 3 ways you are going to apply to change how you live and lead as a result of this course.arrow_forwardWhat is the relationship between Ethics and Business? Please use examples from current events as it relates to business, economics, and society. Is ethics necessary for leadership or is leadership necessary for ethics? Why do we need to be able to convincingly explain why something should be viewed as right and fair?arrow_forwardFred is a friend of yours and works with you at the same company. He is a well-respected and trusted employee. He has two young children and is a leader in his community. You have discovered that Fred has embezzled $3,000 over a period of several years. Although this is not much money for such a large company, you suspect that if you do not report him, the problem may get worse. On the other hand, he has young children, and he has done so much good in the community. If you report him, he may be fired and go to prison because your company has an aggressive anti-fraud program and fraud prosecution policy. Should you report him or are there any other alternatives to deal with this problem available to you?arrow_forward
- How can a top management team lower the chances that key managers will pursue their own self-interests at the expense of stockholders? At the expense of the employees? At the expense of other key stakeholders?arrow_forwardRefer to Case 1: Monsanto Attempts to Balance Stakeholder Interests Investors have been complaining about Monsanto’s philanthropic initiatives because they believe they are costing Monsanto valuable resources and do not contribute value. As an executive of Monsanto, how would you explain the value of these initiatives from a stakeholder perspective? Be sure to address: Monsanto’s ethical culture Monsanto’s ethical responsibility, specifically in their use of products such as Rounduparrow_forwardApply all six ethical perspectives presented in the chapter to one of the chapter’s case studies.Keep a record of your deliberations and conclusions using each one. Did you reach differentsolutions based on the theory you used? Were some of the perspectives more useful in thissituation? Are you more confident after looking at the problem from a variety of perspectives?Chapter Two: Personal Ethical Development2. Analyze a popular television drama or movie from an ethical perspective. Identify the issuesraised by the program/movie, the values it promotes, and the virtues and vices demonstrated bythe important characters.Chapter Three: Ethical Decision-Making3. Select a moral issue, and evaluate its level of moral intensity using the components described inthe chapter. Or choose an ethical dilemma that you think deserves more attention. What stepscould you and other take to increase this issue’s level of moral intensity?arrow_forward