Verified Document

Ethical Issues And Dilemmas Essay

Resolving Ethical Business Challenges: Elaine Business managers and executives usually face several ethical challenges that require them to demonstrate ethical leadership in resolving. Elaine's situation is an example of some of ethical business challenges that these leaders experience with regards to the advantage and disadvantage of each decision. The first decision relates to Graphic, Inc. loan, which was engaged in litigation about promotion of its products to children (Ferrell, Fraedrich & Ferrell, 2012, p.177). The advantage of Elaine's decision in this case is that she did what was morally acceptable while the disadvantage is that she lost a money-making opportunity and had no reason to doubt the firm's ability to repay the loan.

In the second situation involving the Canadian firm that was importing cigars from Cuba, the advantage of her decision is that it was based on clear policy guidance i.e. The 1996 Helms-Burton Act. The disadvantage is that her decision relatively discriminated the Canadian-based company because of its dealings with Cuba. The advantage of her decision in the third scenario is the evidence of illegal and unethical business practices by Electrode International. The demerit...

For the Brazilian firm, the advantage of her decision was the demonstration that UBC was protecting the environment whereas the disadvantage is that it lost a business opportunity to one of its competitors. Elaine's stand in the final is advantageous because of the likelihood of making huge profits through commissions. However, the decision could result in her husband's loss of job, which could hinder the education of their child and loss of their home.
The ethical and legal considerations for Elaine include the need to make a decision on something she considers morally wrong while the company considers it right. For company, the major challenge is related to the best probable decision to make given that Elaine's moral stance continues to have negative impacts on its profits. For Dennis, the ethical and legal consideration relates to the most appropriate course of action to stop further decline of his commissions and impact on the company.

There are two moral philosophies that are relevant to this situation i.e. utilitarian and deontology. Under the…

Sources used in this document:
References:

Crain, W.C. (1985). Kohlberg's Stages of Moral Development. In Theories of development

(Prentice-Hall, Chapter 7, pp.118-136). Retrieved from http://faculty.plts.edu/gpence/html/kohlberg.htm

Ferrell, O.C., Fraedrich, J. & Farrell, L. (2012). Business ethics: ethical decision making and cases (9th ed.). Mason, OH: Cengage Learning
Cite this Document:
Copy Bibliography Citation

Related Documents

Ethical Issue on Abortion
Words: 3142 Length: 9 Document Type: Term Paper

Ethical Issues Surrounding Abortion Notwithstanding the laws being passed in various states against a woman's right to chose to terminate her pregnancy, the position of this paper is that Roe v. Wade is the law of the land and a woman has the ethical and moral right to decide to have an abortion. There are many positions for and against Roe v. Wade, and there are many ethical issues that may

Ethical Issues in Group Counseling
Words: 4046 Length: 12 Document Type: Research Paper

The more experience a facilitator has with a minority group, the greater the likelihood the facilitator will be able to help those members feel included, rather than excluded from the group process. This is critical, because inclusion is an important social phenomenon. "Communities who are strong and inclusive lead to better quality of life, stronger sense of identity and belonging, sharing mutual respect and equality. It is further recognised

Ethical Issue of Assisted Suicide
Words: 1305 Length: 4 Document Type: Research Paper

Ethical Issue of Assisted Suicide The American Society of Registered Nurses [ASRN] ( 2010) defines "physician-assisted suicide" as the facility to a patient by a medical health professional of the means of ending his or her own life. Assisted suicide is an issue of great importance to nurses. This issue echoes their values and beliefs as a commonality. In the same time it calls for a clear and precise response as

Ethical Legal Dilemma in Advanced Practice Nursing Case Study
Words: 2822 Length: 9 Document Type: Case Study

Ethical-Legal Dillema in Advanced Nursing Practice Ethical-Legal Dilemma involving a Patient in Emergency Department (ED) The case study discussed in this paper presents ethical-legal principles in nursing which protects patient's privacy, confidentiality and security. Nurses have a professional obligation to protect the privacy of patients. Nursing Law and confidentiality define privacy as the right of patients to have their personal, identifiable medical information kept discrete and only accessible to the physician of

Ethical Issue in Financial Market:
Words: 1173 Length: 4 Document Type: Term Paper

" The code also states when communicating investment information care must be taken to ensure that it is fair, accurate and complete as well as make full and fair disclosure of all matters that could reasonably be expected to impair their independence and objectivity or interfere with respective duties to their clients, prospective clients, and employer. Evidence indicates Lehman's senior financial executives knew of the Repo 105 transactions and certified the

Ethical Issues in Family and Marital Therapy
Words: 3218 Length: 10 Document Type: Research Paper

Ethical Issues in Family and Marital Therapy It has been mentioned that insufficiencies of the APA ethical standards for marriage and family therapy have not been appreciated fully. Guidelines that are in regards to the therapist accountability, confidentiality, and informed consent can really just sometimes turn out to be unclear with individual clients, nevertheless they are even more complex when multiple family associates are observed together when they are in therapy.

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now