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Ethical issues at the workplace
Employee ethics
Ethical issues at the workplace
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Fact: An employee of ABC Company, Luke is in charge with a project of developing new purchased land. The company is planning to build an adult entertainment retail store which confidently lay near where his brother, Owen, lives. If the plans are announced to the public, the property of the surrounding neighborhood will drop significantly. What concerned Luke is that Owen just told him about the offer to sell his house at a decent price compared to the current real estate market. However, Owen is considering if he should wait for a couple year and sell his house later at a higher price as the estate value may increase. Issue: Luke is facing with an ethical dilemma about whether or not he should let Owen know about the project he is working …show more content…
So, Luke should question himself about what type of person he wants to be or what virtues make him who he is. Since Luke is an employee of a company, we can assume that honesty and trustworthiness are two possible traits from Luke’s character. If Luke believes honest is the most important value to consider in decision making progress, then Luke should be honest to his brother about the upcoming project from his company, and its impacts onto the area. However, if trustworthiness is Luke’s main principle, then his decision should reflect how he can be trusted. As an employee who is in charge of ABC Company’s project, Luke should be reliable for keeping secret about the confidential information regard to the project. He should not reveal to any outsider of the company, even to his brother Owen. When Luke chooses this decision, he succeeds as a trustworthy employee, but fails as an honesty brother to Owen. Luke’s decision help to bring profit to the company, but in the other way it brings loss to Owen. He knew the value of Owen’s property may drop when the project is announced to public, yet he does not inform Owen about this. His silence will damage the relationship between him and his brother as when Owen finds out in the
John Mortimer controls Watson & Musico Developments and is well known for his abrasive style and aggressive approach in business dealings. His firm is rumoured to have a highly restricted cash flow because of its aggressive leasing policy. Because of the depressed real estate market, Mortimer is refinancing all of its properties to reduce its debt service requirements and to generate cash. Since, the amount that could be borrowed from the bank is positively correlated with the appraised value, Mortimer would like his property to be valued as high as possible. Therefore, he would want Richard to value his property at his requested value of $35 million.
In existence is $150,000, specifically set aside for the purchase of distressed real estate. This essay will outline a detailed strategy ensuring a maximum return in regard to the financial investment made on the home. Including a description of distressed real estate and foreclosure in addition to how utility can play a role in the decision-making process.
In the following case, Luke is involved in a very perplexing conflict, or Ethical dilemma. This situation is an Ethical dilemma, and not just a regular “everyday” problem, because to Luke there might not be an obvious answer. He can also be thinking that both choices, keeping his commitments of confidentiality and telling his brother, Owen, are both correct things to do. If Luke tells his brother about the project, then he might concur with a theory known as Breach of confidentiality. “Breach of confidentiality occurs when someone gives away information that was supposed to be kept private.” (GENB4350 Online Lecture, Ethical Reasoning 1). By Luke breaching information that is supposed to be kept secret, he will betray the trust of his company
Luke has been placed on a project to build an adult entertainment store on a piece of land that is located near his brother’s (Owen) home. It is certain that once the plans for the adult establishment are made public, property values in Owen’s neighborhood will “decrease significantly”. Luke is also aware of the fact that Owen is considering to sell his house. The house can be sold now for an “okay” price, however Owen thinks he may be able to get a better offer once the real estate market recovers.
Some of the realtors are pushing the home owners to sell the house; therefore,
When we discuss morality we know that it is a code of values that seem to guide our choices and actions. Choices and actions play a significant role in determining the purpose and course of a person’s life. In the case of “Jim and the Indians”, Jim faces a terrible dilemma to which any solution is morbid. On one hand, Jim can choose to ignore the captain’s suggestion and let the whole group of Indians be executed. Alternatively, he may decide upon sacrificing one Indian for the sake of saving the rest. Both options involve taking of person’s life. Regarding what should Jim do in this circumstance, there are two approaches according for Jim’s dilemma that should be examined. By looking into the Deontological moral theory and the moral theory of Consequentialism we can see what determines an action that is morally required.
He is the primary individual in the scenario that has the ethical dilemma on whether he should or should not report Michael.
Virtue theory is the best ethical theory because it emphasizes the morality of an individual in which their act is upon pure goodness and presents as a model to motivate others. Aristotle was a classical proponent of virtue theory who illustrates the development habitual acts out of moral goodness. Plato renders a brief list of cardinal virtues consisting of wisdom, temperance, courage, and justice. This ethical theory prominently contradicts and links to other theories that personifies the ideal being. However, virtue theorists differ from their own expression of these qualities yet it sets a tone that reflects on the desire to express kindness toward others.
The ethical issue here is Luke had obligations with his company of keeping the project confidential before it goes public. However, Owen is his close brother and he would get financial damage on his property when Luke’s project announces. Luke is in the ethical dilemma of following company policy and his relative well-being. This is an issue because if Luke tells Owen about the project of developing adult entertainment retail store in Owen’s neighborhood which will decrease the real estate value, Luke goes against company’s obligation and
Of the three main ethical systems discussed in class that I chose was, ethics of virtue. Ethics of virtue is an ethical theory that emphasizes an individual’s character (morals/virtues), rather than following a set of rules. If people focused on being good people then maybe the right actions will follow. Virtue is a skill that cannot be taught, it’s a way of living that can only really be learned through experience. Aristotle stated that, “a virtuous person can be seen as someone who has ideal character traits”. It requires a person to seek the ultimate good according to their moral virtues. I use this ethical system all the time because of how I was raised and it defines the type of person I am. The outcome and motive is
Secondly, the possibility of the right to lie is refuted on the basis of virtue ethics, which maintains that lying is morally wrong though the argument or claim is less strict as compared to Kant’s statement. Virtue ethics generally provides a different approach to ethics by focusing on character development of individuals. As a result, virtue ethicists tend to look at what people should be with regards to their character rather than determining the right or wrong of a behavior simply on the basis of reason and desired and undesired behavior (Mazur par, 5). In this case, virtues are desirable characteristics of individuals that make them act in a specific way. According to virtue ethicists, being virtuous is regarded as being ethical because it is a reflection of the individual traits of fairness and striving towards accomplishment of human potential.
The ethical dilemma in this case is one that Daniel Potter is faced with. Daniel is a staff
No decision procedure – moral decision making is too complicated to have a single criterion for decision
Everyone in this world has experienced an ethical dilemma in different situations and this may arise between one or more individuals. Ethical dilemma is a situation where people have to make complex decisions and are influenced based on personal interest, social environment or norms, and religious beliefs (“Strategic Leadership”, n.d.). The leaders and managers in the company should set guidelines to ensure employees are aware and have a better chance to solve and make ethical decisions. Employees are also responsible in understanding their ethical obligations in order to maintain a positive work environment. The purpose of this case study is to identify the dilemma and analyze different decisions to find ways on how a person should act
In many occasions, taking the correct ethical decision might not be as clear. In The Prince, there are many occasions in which the author states that it is good to keep ones word, but is better knowing how to lie. This applies to politics and many businesses; in which, they promise