FACTS
Luke is an employee of ABC Company. He has been assigned to a construction of an adult entertainment retail store within a neighborhood his brother, Owen, lives in. The development of the retail store has not been made public yet and will be announced one month from today. This announcement will decrease the property values of the surrounding areas significantly. Owen is trying to sell his house. He told Luke that he recently received an ‘okay’ offer. However, in hopes that a better offer might be present itself in a few years after the real estate market improve, he has not taken the offer yet. Luke is very close to his brother, which makes him concerned about his confidentiality obligation to ABC Company.
ISSUE
The ethical dilemma
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The utilitarian approach takes all the stakeholders into consideration and prefers the “…option that does more good than harm to stakeholders”. (Ethics Video 1) In this case, Luke must analyze which decision will create the most value and benefit for the stakeholders which include some of the following: investors, employees, ABC’s reputation and partnerships, Owen, and the person buying the house from his brother.’
Reveling confidential information to Owen will certainly benefit his brother. It’ll most likely prompt him to accept the current offer because he might realize that the sensible decision is to accept the current offer before the announcement decreases his neighborhood’s market value. But by Luke telling his brother, he runs the risk of his standing within the company, the company’s reputation being ruined with negative publicity, or even the possibility of the project getting pulled due to protests from the neighborhood causing finical lost to the company that effects many stakeholders like employees and constructor workers. Additionally, other competitors might get wind of construction plans and could possible affect the company’s competitive advantage in the
Utilitarianism is a teological ethical framework that offers a way to analyze the transistor company’s dilemma. Utilitarianism is consequentialist in nature, meaning that the theory only takes in account the consequences of an action to determine if that action is morally right. More specifically, Kay (1997) explains “utilitarian ethics defines morality in terms of the maximization of net expectable utility for all parties affected by a decision or action” (p. X). For example, it would be acceptable to a utilitarian to kill one person if it meant saving two more people. This is in stark contrast with deontological ethics, which prohibits actions that use people as a means to an end.
I feel it is a person’s choice and it is different than suicide. It has to be well thought out and talked about with a team of people involved including physicians, psychologists, and family. I also think it is based more on
People from all walks of life face many ethical dilemmas. These dilemmas have consequences. Our worldview determines how we deal with these dilemmas, and guides us to the right decisions. In this essay, I will examine an ethical issues through my Christian worldview. I will also present other viewpoints, and compare them to mine.
Ethical dilemmas occur when there is a disagreement about a situation and all parties involved question how they should behave based on their individual ethical morals. (Newman & Pollnitz, 2005). The dilemma that I will be addressing in this essay involves Michael, recently employed male educator working in the nursery, and parents of a baby enrolled at the centre. The parents have raised concerns about male educators changing their child’s nappy as they have cultural practices that do not allow this practice to take place. This situation is classed as an ethical dilemma as there is a dispute between cultural beliefs and legal requirements within the workplace. There are four parties involved (parents, child, educator and director), all
Nurses are faced with ethical dilemmas every day. There are a lot of different beliefs surrounding ethics and the code of ethics. Ethics and ethical issues have always existed, that is why they have put in place the code of ethics. The American Nursing Association (ANA) Code of Ethics isa guideline to help nurses determine which course of action to pursue. Every minute many ethical decisions are made, some may not comply with guidelines and others the patient’s will never understand. In this case study the nurse is put in an uncomfortable position and has two find a way to comply with the family, the patient, and the doctor’s orders.How can she report to the doctor the information the daughter has told her? How she approached
Roger Berg, the Vice President for Planning of the Lake Corporation, had to recommend a subcontractor for the environmental study project in connection with their planned large resort. The contract has been decided in principle to be awarded to Ceil Grant, one of their regular subcontractors. However, after a lunch conversation with Del, who represented a larger contractor firm, Roger changed his mind, now recommending Del’s company to take on the project instead. Faced with a situation of moral dilemma, he has to decide what would be the right thing to
What ethical conditions might be involved with either Sierra Golden or Bottle Time Inc. that would make it impossible to continue to collaborate or to accept the funding? Please indicate which principle of the Prevention Code of Ethics may
To apply utilitarianism to this ethical controversy one has to evaluate which option would benefit society
Let’s start by gaining an understanding of what utilitarianism means. The definition given to us earlier in our textbook, Exploring Ethics, in the article, Strengths and Weaknesses of Utilitarianism, it defines act utilities as an act that, “is right if and only if it results in as much good as any available alternative”. This goes back to the tedious task of trying to analyze countless number of alternatives and figure out which one brings about the most
The health care colleague interviewed, Faith McClure, has about thirty three years experience in the field. She was the Medical/Surgical Director at my facility, and currently a case manager in my office. This is to emphasize her experience and expertise in the medical field. She obviously had strong feelings about pharmaceutical marketing and was happy to contribute.
The problem to be investigated is the conflict that can arise within companies between doing what is right (or moral) and doing what is often viewed as more important the attainment of corporate goals. This conflict is highlighted in the case study involving Fannie Mae (FM). (Jennings, 2009) In this case, corporate executives choose to focus on corporate goals and meeting the market expectations, ignoring any moral issued witch conflicted with the attainment of their goal. (Jennings, 2009) To understand the reasons for the executives actions and learn from their mistakes and misjudgments the following topics are reviewed: 1) ethics and social responsibility, 2) the importance of devolution, 3) the power and value of incentive plans, 4)
In other words, utilitarianism stays that the best decision is the one that would benefit the majority. In this case the stakeholders are Luka, Owen, their families and the company. If Luke decides to take this approach, he would have to analyze each stakeholder’s point of view and come up with the decision that would bring the greatest good for the large number. He will have to ask himself which decision would affect the least at both parties? If by telling his brother would ruin not only the project but also potential employees? On the other hand, the company could go ahead and do the project anyway if he tells his brother not to tell anyone else.
ABC Learning Ltd was an Australian provider of early child hood education services, founded in Queensland in 1988, that through its 18 centres was the largest single operator of early childhood education services in Australia by 1997. Led by founder Eddy Groves, ABC Learning Ltd continued to grow, through the opening of new centres and the acquisitions of rivals i.e. peppercorn Childcare in 2004 in which 450 centres were purchased for $340 million. “By 2008, ABC Learning was the largest provider of childcare, holding around 20 per cent of the long day care market and providing care to over 100 000 children” (Senate education, employment workplace relations committee, 2009).
Luke has been asked to work on a project that involves developing land recently bought by ABC to build an adult entertainment retail store. According to the plan, Luke’s brother, Owen, whom he is very close to, lives in the neighborhood that the adult entertainment retail store plan will be built. Luke knows that as soon as the plans for the store become public, the property value of the homes in Owen’s neighborhood are expected to decrease significantly. Luke is concerned about his confidentiality obligations to the company. Owen has openly expressed to Luke that he has thought about putting his home on the market for sale; this is concerning for Luke. He knows that Owen has received and acceptable offer for his home already, but wonders if the market for real estate in the area will increase in the next few years.
David Jacob should analyze the situation with different interests in mind. Since he was looking for an exit from this business that he built from perseverance and hard work, it would be to his benefit to obtain the maximum amount of money possible from the sale. This makes the strategic buyers more favorable. However, His sons who currently work for the company would probably lose their jobs. Finally, taking in consideration of his age of 70, which is an age where he would probably want to just enjoy his life as much as possible, we would say that he should choose to sell to the strategic buyer and take the higher premium and just leave the business completely.