ETHICAL CASE STUDY #3
In this article, Sameer Hopskin, an assistant manager working at a company for Anil Baba is so much convinced that the company ought to sponsor him for an MBA to enable him become more useful to the company. After various deliberations and extensive consultations, Sameer is finally granted the opportunity he wished for and a contract is signed giving him one year to finish his education, come back to his company and work for at least three years before making any decision. Once at school, Hopskin is hunted by Cloudskim Company, which reviewed his resume. He is approached and promised lucrative deals better than what he could get at his previous company.
In my opinion, Sameer should not take the new job offer from Cloudskim
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Sameer is not being realistic. His actions will only hinder other employees like Patrick an opportunity to grow as he did. His failure to return to the company will also make it difficult for others to get the similar opportunity as he did. In the case study, it is evident that Anila and Baba were far much interested in making Sameer grow. They saw something unique in him and took the risk of sending to study. Cloudskim Company on the other hand is a schemer; they only wait till another organization sends an individual to study and do anything in their power to take him. They too should have sponsored one of their own for further studies.
Sameer could have taken an advantage of the fact that their agreed contract was never reinforced through a legal procedure. It is important for a person to uphold his or her morality at all times. Resources were spent by the company to ensure that his MBA was a success. Therefore, it’s only fair enough that they enjoy the fruit of their labor. In spite of making a reimbursement to the company, it will not equalize to the time they left the position as they waited for Sameer’s
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An obligation to honor a promise is based on one’s trust and interest. An individual must keep promises because once invoked, they have to be obeyed. Doing contradictory to the promise is tantamount to tricks. Sameer should be made to go back to his former company and abandon his thirst for money. Should he fail to legal action has to be taken against him and made to pay heavily for breaking an agreement they had signed. Time and resources got involved; hence it’s a matter that Alina and Baba should take with a lot of seriousness. Staying with the company for three years before deciding to leave or not would make his reputation rise as he will be seen to a person of high integrity and offer him various opportunities to grow
In Laduzinski v. Alvarez & Marsal Taxand LLC, plaintiff was looking for a job with defendant, Alvarez & Marsal Taxand LLC. Plaintiff, Laduzinski, claimed that he was lured away from his job under false pretenses since defendants hired him to get access to his contacts. Nine months later, after plaintiff had given all his contacts, the manager of the Alvarez companies fired him because there was no work for him. Laduzinski brought a claim to recover damages for fraud in the inducement.
Ans. 7 From my point of view I would have reported the scheme to senior management. The scheme would have proved very harmful for the whole company and the harm of the company is bad for each and every employee of the company. Many people may have lost their jobs due to this scheme.
Moncrief Company agreed to pay Jim Lester 20% of the gross profit made from the 2013 sales of the Zelenex. Between January 1, 2013 and December 28, 2013, Moncrief’s total available units for sale were, 50,000 units of Zelenex for $30.00 per unit ($1,500,000). Also in addition to the former activities, Moncrief sold 35,000 units for $60.00 per unit ($2,100,000). Moncrief Company uses periodic LIFO inventory method as a result, Jim Lester was to receive $210,000. (Textbook pg.469)
Similar to Matthew 7, in the Twelfth Book of Matthew, verse 33, he states “Make a tree good and its fruit will be good, or make a tree bad and its fruit will be bad, for a tree is recognized by its fruit” (2015). If Ramona disapproves of the CEO’s behavior and actions during the pep rally, she should not sign the contract simply to earn “big bucks” and represent a company with conflicting values. Ramona should not accept the position with Next Step due to its questionable business practices, the dismissiveness of the Next Step recruiter when questioned regarding the company’s ethics code and the CEO exhibiting non-ethical and immoral
Healthcare ethics is defined as a system of moral principles that guide healthcare workers in making choices regarding medical care. At its core lies our attitudes regarding our personal rights and obligations we have to others. When an unprecedented situation comes into play, we rely on medical ethics to help determine an outcome that would be the best case scenario for all involved. In order to appropriately review this case study, we must first identify the key stakeholders, the ethical principles, policy implications at the federal, state, and local levels, financial implications, and a viable resolution for the situation.
requirement for strategic ethics, which increases the likelihood that business will fail. The company does not appear to have any respect for the intrinsic good of their employees, their customers, or their distributors. Based on the premises of virtue ethics, strategic ethics, or the basic fundamentals of good corporate governance, there is no reason for Benji to sign the contract and accept the job offer.
Competition, tyranny of goals and money are three more traps violated in this case. Competition has more to do with the company rather than Chantale the person. Chantale can empathize why her superiors’ want to ignore the situation, because they are a smaller company and in competing against larger companies, they would not be able to m...
The term “ethical business” is seen, by many people, as an oxymoron. This is because a business’s main objective is to make as much money as possible. Making the most money possible, however, can often lead to unethical actions. Companies like Enron, WorldCom, and Satyam have been the posterchildren for how corporations’ greed lead to unethical practices. In recent times however, companies have been accused of being unethical based on, not how they manage their finances, but on how they treat the society that they operate in. People have started to realize that the damage companies have been doing to the world around them is more impactful and far worse than any financial fraud that these companies might be engaging in. Events like the BP oil
Depending on which option John decides to pursue it could really change what is at stake for not only himself, but also people that are in disagreement with him. First off for the company, it could risk losing valuable employees that are hard workers because they do not agree with the unfair treatment. These employees are unlikely to stay working at the company if they are dissatisfied with not inly their pay but the way they are treated as well. Likewise, if any customers were to find out that John and the company were not applying the most ethical business practices it could lose the trust and business from its customers. These customers could choose John’s company’s competition to do business at, which could be very detrimental to the business. For the employees their right to fair pay and treatment are at stake depending on which option John goes about. However for Jeff, he has his dignity at stake, the other employees that are irritated with Jeff’s higher wage could take out that frustration on him and cause a hostile environment for Jeff to work in. Lastly, John, the main key party has a great deal at stake; for example, it is very possibly that he could lose his authoritative figure and respect from his employees. If that were to happen it would take a lot for him to sincerely gain it back and make things right. Being that ethical conflicts that involve family members are touchy, John could lose the respect and loyalty of Jeff or his other family
Many ethical dilemmas are philosophical in nature, an ethical issue can be described as a problem with no clear resolution. In order to solve the issue or dilemma a consensus between the parties involved must be reached. There are several reasons to come to an agreement over an ethical dilemma, it is the basis for all aspects of personal and professional dealings. Each one of us is part of a civilized society and as such it is our responsibility to be rational, honest and loyal in our dealings with others. (Alakavuklar, 2012) states that individuals make decisions for different situations in business life involving various ethical dilemmas. Each time either consciously or unconsciously individuals may follow some ethical approaches
The Facts: Kermit Vandivier works for B.F. Goodrich. His job assignment was to write the qualifying report on the four disk brakes for LTV Aerospace Corporation. LTV purchased aircraft brakes from B.F. Goodrich for the Air Force. Goodrich desperately wanted the contract because it guaranteed a commitment from the Air Force on future brake purchases for the A7D from them, even if they lost money on the initial contract.
According to the scenario, Jacob and Krystal worked in an ad agency that started five years ago in Topeka, Kansas. The ad agency was barely making a profit and needed a large client, which led the agency to put in a bid for a city government contract. Due to Jacob’s son being sick, he was preoccupied with taking care of his son and left Krystal with most of the work. Krystal prepared the presentation and got with Jacob the day before the final meeting with the client. Krystal knew that Jacob has good speaking skills and they both decided that Jacob would do the presentation. Jacob’s presentation was a success and they successfully sealed the contract. The owners of the company were so impressed and gave Jacob a bonus check of $10,000. Jacob saw this opportunity where he could use the money for his son’s medical bills. However, he knew that Krystal did most of the work and deserved the bonus money. Jacob is disappointed and his situation has left him with a decision on what to do with the money. This case study will pinpoint Jacob’s ethical dilemma and what ethical action he should take. Also, the roles and responsibilities of an employee dealing with an ethical situation as well as the ways of an organization to maintain ethical practices in the workplace
When the internet was considered a global information system in 1995 millions of Americans participated in virtual communication. People began to communicate with each other and personal information began to be placed online by the stroke of the fingertips to their own computer. So the question is the privacy of individuals trusted online? Can people snoop around and see personal information? Of course people can if guidelines are not set in place to protect them. Public and private information can be complex when some individual(s) do not expect their communication to be read outside of their online community. What will be discussed are some ethical responsibilities that need to take place in the United States. Respecting the individual privacy and honor confidentiality is a must in this country.
It all began with his son, who had no passion in his father business field but was obligated to work with him due to his father stroke; Although Plummer Jr was trained for this job from nine years and was also named an s successor by his father. The death of his father has revealed that the company sales have declined by 24%. The poor financial management of the company managed by his father and his drive by helping his employees financially has caused a swollen pay roll. Money was also paid to employees who literally didn’t do anything. Recruitment was made not according to skills but according to relations, Plummer Sr hired his friends instead of hiring employees who have skills and
After almost two years in this new country, Greg came to Victor with another proposition of opening an office in Houston, Texas. According to Victor that was his most important career accomplishment to date and he was finally able to fulfill his childhood dream of living in the United States. Once our visas got approved our family head up north to land in the south of Texas. After a few years at the company, my dad decided to leave and once again start teaching math. My dad states that he loved his position at the company he felt like he wasn’t severing his new community