Wednesday, February 20, 2019
Resolving Ethical Business Challenges
1. What are the potential honorable issues faced by blossom Corp? red hot from summit meeting corp. is supplement his personal relationship and offering bribes and kickbacks to Otis of Thermocare to increase bribe contracts. This could potentially be a large problem if Thermocare becomes aware of such practices. The purchase of product should be warranted w/ quality of products and price structures, not because it gets you tickets to baseball games and Cancun. If ACME is competitive, there is nothing wrong with these kick-backs. If there is a burst option for Thermocare, however, and Otis is choosing ACME for kickbacks alone, this becomes an honest problem. If other customers of ACME or general public discovered these practices, they could damage their infrastructure thru lost gross or sustain their public image.Related reading Disadvantages of Ethics in the Workplace2.What should ACME do if there is a desire to brand ethics a part of its core organisational values?If ACME w anted to adapt Ethics as part of its core organizational values, they should start in the same approach as the structure of the air, top-down. atomic number 79 may be heels boss but does business no more ethical than brusk does. Instead of warning of ethical issues, she re-enforces the practice of bribing the client. Therefore, Amber requires ethical training as much as forthright does. Her manager likely needs Ethical training as healthy as anyone up the chain.3.Identify the ethical issues of which Frank needs to be aware.Frank needs to be aware of ethical issues of bribery. He should determine that his personal reputation as well as ACMEs is at risk when conducting business in this manner. Frank should start by asking himself if Thermocare would be as interemaindered in ACMEs product if Otis was not able to squeeze kick-backs out of Frank and Amber. Frank should also be aware that Amber, despite being his manager, is as un-ethical as Frank is. She specifically tells Frank t hat no one volition find out about the funding for season tickets as well as the trip to Cancun.4.Discuss the advantages and disadvantages of each decision that Frank could make.The easiest thing Frank could do is continue the bribery, say by funding Otiss night at the Adult Entertainment venue. This would keep Otis dexterous and coming back for more kick-backs. Otis, Frank, Amber and the rest of ACME corp. would materialistically benefit from this continued business practice. It is unknown whether or not Thermocare is benefitting from this relationship. It is clear, however, that soulfulness is paying for this.The disadvantage of continuing this bribery is clear. If the kick-backs become exposed to the rest of Thermocare, the client may terminate Otis and further sales with ACME Corp. If the rest of ACME Corp. found out about Amber and Franks methods, there would likely be disciplinary action. Additionally, if this matter became public, Frank and Amber could have jeopardized ACM Es reputation and severely hurt future sales with anyone.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment