Business Ethics
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Business Ethics
You are made aware that the corporation is seriously considering closing the Raleigh operation in the near future
and that the local Raleigh city council is proposing a costly PR campaign promoting your firm's operations in the Raleigh area.
Stakeholder can be defined as "everyone with an interest (or "stake") in what the entity does. That includes not only its vendors, employees, and customers, but even members of a community where its offices or factory may affect the local economy or environment". This closing would most definitely affect the entire community as the plant has been a key economic factor in Raleigh.
You the "manager" are facing several rationalizations for unethical behavior:
a) Pretend the behavior is not really unethical or illegal
b) Excusing it as in the firm's best interest
c) Assuming no one will find out
d) Presuming superiors will protect and support you if something goes wrong
The optimal response to this ethical dilemma is:
a) Recognize and clarify the dilemma should the Raleigh city council be made aware of the potential closing of this operation before they proceed with their planned PR campaign.
b) Gather all the facts - what other options were contemplated before deciding to close the plant.
c) List all the options Is there some sort of "work around" that could be attempted. I would hope that choosing to close the operation was a choice of last resort.
d) Is it legal right beneficial does anyone get hurt?
e) How will I feel if my decision were publicized?
f) If your conscience is clear, take the action
When a business has a good relationship with its community, the success of the community's quality of life is affected in a positive way. I feel that the corporation does have a social responsibility to the community. They need to build a strong relationship between the company and the groups that are represented in the community. Because community involvement has become a huge part of most business...
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- Submitted by: fkingsland531
- Date Submitted: 01/15/2007 08:22 AM
- Category: Social Issues
- Words: 1338
- Pages: 6
- Views: 598
- Rank: 75178