As ethical standards are not codified, dilemmas about proper behaviour often occur at the time of taking decisions by the managers nowadays (L.Daft 2006. 157). As a consequence managers encounter many problems when making decisions. An ethical dilemma arises in a situation concerning right or wrong when values are in conflict. Right and wrong cannot be clearly identified, so the manager need to analysis the effect of using each types of ethical decision making. The Australia Corporation’s manager was negotiating a profitable business deal with the manager who was come from the Asian country. The Australia corporation manager received the information, purchased an expensive gift will ensure to get the contract. Therefore, the company need to …show more content…
If the manager purchases the gift to gain the contract, it will be more beneficial for the primary stakeholders and secondary stakeholders. Primary stakeholders are typically directly linked to company’s survival and impacted company directly. Primary stakeholders include shareholders, employees, customers, suppliers, retailers. These groups of stakeholders have the strong and direct connection with a company. Stakeholders or shareholders will gain the target of the growth in the value of company stock and may increases the income of the dividend. Employees will be stable at a fair rate of pay and working in a safe and comfortable environment. Customers get the “fair exchange”, a product or service of acceptable value and quality for the money spent.The company prompt payment for deliveries goods to the suppliers on time. The retailers also can deliveries the quality products on accurate time and at a reasonable cost. Secondary stakeholders only an indirect stake in the corporation but who are also affected by corporate activities. There are media, special- interest group, and non- governmental organisations (NGOs). The company only survive and growth rapidly if they have the potential to make the benefit. (Parboteeah et al. 2013). But, the company may in trouble in breach …show more content…
The company have a duty to be fair and treated equitable to employees, customers, and other stakeholders. Procedural justice, or ethical due process refers to fair decision- making procedures and agreements. The stakeholders want to know that their performance has been evaluated according to a fair process. The stakeholders give their votes to purchase or not purchases the gift. The manager should decide the decision-making by the stakeholders, and took all factors into consideration and weighed them carefully before making a decision. It is hard to decide because each of the stakeholders have their own expect consistency. Everyone should be treated equally. Distributive justice, refers to the distribution of benefits and burdens. If the stakeholders agreed to purchase gift to gain the benefits, they should enjoy the benefit equally. But, this decision may breach the bribery act. Then, the punishment of breach the bribery also should be bear together, not only the manager or other
McCloy tried to argue that political donation is part of political participation which is protected by implied freedom of political communication. His argument has been rejected by all judges based on the model of representative government. because of the high risk of corruption the joint judgement argued that discrimination between property developers and general public in terms of political donation is legitimate. Despite the ICAC report on cases of corruption of property developers and the fact that the property developers directly benefit from the decisions made by government, Nettle raise the discrimination factor to argue that the restriction on property developers should be
The offer made by Alina would give rise to a unilateral contract, if Ben execution of required conditions of the offer would leave Alina’s promise executory at the time of the formation of the binding agreement. Consideration in such cases also arises when a quid pro quo exists, which means the promise made by the offeror would be valid only in return for completion of the conditions. Thus, Ben’s act of refraining from bidding at the auction may be construed as an acceptance by conduct, despite not replying to Alina’s email, and valuable consideration as Alina’s promise to sell Chris the car was made in return for Ben’s withdrawal from the
The overriding issue presented in this scenario is one of bullying experienced by the less fortunate scholarship student on the grounds of his “scruffy” appearance. The NSW Department of Education and Communities (2016, 1.1) has a zero tolerance to any form of bullying within the learning environment, whether it be physical or psychological. This is exhibited within this scenario as the other students are misusing their more fortunate socio-economic position to bastardize this student who falls outside their circle of acceptance. However, despite their meaningful intentions, educators must take the appropriate steps to ensure that ethical conundrums do not present themselves, whilst bearing in mind both the students wellbeing and maintaining
In reality, it has been very successful in its goal to introduce an anti-bribery law that could uphold in court. Nonetheless, the law
A number of problems surround the second question; the most obvious of which are limited time, the limited capacity of human foresight to calculate the maximum number of happiness, and the inability of the theory to advise on the time frame utilitarianism is to be applied to; how do you know the maximum number of happiness for the next 10 years doesn’t mean greater overall unhappiness in the next 50 years, so what time period should one keep in mind when considering an issue from a utilitarian stand point, 1 year, 5 years, 10, 20? This lack of clarity further adds to the impractical nature of the ideology. There are a myriad number of situations which seem very difficult to resolve without employing utilitarian principles and a very good example is the widespread use of utilitarian principles in bioethics. The best example here would obviously be the famous case of the conjoined twins Mary and Jodie. The facts in front of the court indicated that Mary was the parasitic twin who shared a heart with Jodie.
Thank you for sharing your ethical dilemma, Marie. A similar incident occurred at my workplace, where a nurse did not do round her patients until shift change. The patient has expired during the night without her knowledge. As nurses, our reputation, integrity, honesty, and ethical principles are always on the line. As stated by Harris (2015), the foundation of the nursing code of ethics is based on compassion, respect, accountability, commitment and advocacy, as nurses, we use these qualities to promote health, safety, competency, integrity and professional growth.
My Everest concern: is corruption influenced by the imposed sense of
Introduction Mr. Ahmad has just been diagnosed with stage 4 lung cancer and his family has requested the healthcare team not to reveal the diagnosis to him, as well as not to treat him. The ethical dilemma encountered by the health care professions in this case scenario is whether, to tell the truth, or hide from him when he asks about his condition. Therefore, this assignment aims to discuss the ethical issue and dilemma with four principles involved such as autonomy, veracity, beneficence and non-maleficence. In addition, I will be discussing the legal issue based on SNB Standards of Practices, “Standard 2: Responsibility and Accountability”
It is essential for individuals and those representing an organization to understand what is an ethical dilemma. Wells Fargo financial corporation was involved in a dramatic ethical issue due to millions of unauthorized bank account openings. As explained in The PLUS Ethical Decision-Making Model, “many organizations battle to develop a simple set of guidelines that make it easier for individual employees, regardless of position or level, to be confident that his/her decisions meet all of the competing standards for effective and ethical decision-making” (n.d). The Wells Fargo scandal is evident prove that employees lacked ethical judgment and management supervision. The seven ethical decision-making steps foster straightforward thinking that
Definition and Description of Procedural Justice Procedural justice is the act involved in decision making. It incorporates the process of involving transparency and fairness in making decisions. The incorporation of justice in this process is equally essential it entails that all parties allowed to give their views before decision are made concerning a given matter. Some theories state that restorative and distributive justice might not be met but for as long as there is a fair and justice procedure, there is always the possibility of having outcomes that are equitable (Jason &Tyler, 2003).
This essay aims to explore two key theoretical concepts of ethics: utilitarianism and deontological theories. These theories will then be applied to Landmark on a case-study like basis. Further critical analysis will take place to provide recommendations to ensure ethical management practices are undertaken
Ethical Dilemmas in the Workplace Business ethics issues are evolving. New issues come up and organizations must give guidance to employees about those issues. Ethics starts where the law and regulations end, so individuals are confronting the situation where no regulation or law exists. Moral dilemmas happen around our daily life, in the office, community, and in our society. Within any workplace, the codes of conduct will shape the ethics of the organizations.
Suppliers provide products and services in return for payment on time, repeat orders and respect but
One of those most challenging areas I have experience during my current placement is ethical decision-making. We studied many possible scenarios during our Values, Ethics and Professional Issues class, and discussed the various types of decision-making models to help guide us when having to make difficult decisions. While the class was invaluable, because it helped me identify my own biases, and also shed light on how I have made decisions in the past and how I can possibly make decisions in the future, I knew that having to make real-life decisions would not be so cut and dry. This placement has been challenging for me, because my ongoing assignment with one of my supervisors requires constant ethical decision-making, sometimes even in the
• Ethical Responsibilities Even though economical and legal responsibilities exemplify about fairness and justice, ethical responsibilities cover those activities and practices that are expected or prohibited by members of society even though they are not codified in law. Ethical responsibilities represent those norms, standards or expectations that reflect a jest of what employees, consumers and shareholders regard as just, fair or in keeping the protection or respect of stakeholders’ moral rights. They are important to perform in a manner consistent with expectations of societal and ethical norms. The firms should recognize and respect the ethical moral norms adopted by society from time to time.