28 Aug 2022

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Ethical Issues in Business: A Framework for Analysis

Format: APA

Academic level: College

Paper type: Case Study

Words: 407

Pages: 1

Downloads: 0

In "Exporting Pollution," what points could be considered morally objectionable? 

The fact that Americhem wants to locate its new chemical plant in a third world country is morally offensive. Especially since this part of the world already suffers from pollution. Such a move to add to the proportion is more harmful. Another offensive observation is that the risk of liver cancer from the plant's emission would be lower in a third world country since most of its populations die prematurely from other causes like hunger. This is a setback in morality by taking advantage of another group's predicaments. Cost-benefit analysis is applicable in the sense that it provides a rational decision-making tool cutting through ethics and personal feelings. It is crucial for the plant to adopt measures that are ethically appropriate in as much as they are meant to increase productivity while lowering the costs thereof. 

In the case "Conflict of an Insurance Broker," would A&A be ethically responsible in its role as a broker by permitting the museum to make the poorer choice? 

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Ethically speaking, A&A is responsible for presenting insurance proposals with the best interest of the client at heart. It is their duty, moral obligation as well, to provide the museum with insurance firms of reputable conduct, and allowing the museum to be covered by a poorer choice is in conflict with this ethical responsibility if I were the broker, I would not present the lowest insurance bid because of the low quality of services involved therein. By so doing, I would be failing in my duty to protect the institution's best interests. I would instead provide an average performing firm that is relatively qualified to handle the client's needs while helping to cut down on the cost. The ethical theory in question in the case is acting in the interest of the client; cutting down on the costs while being able to provide quality service. 

In the case "An Auditor's Dilemma," what ethical theory covered in Chapter 3 would you use in your critique of Allison's assessment? 

Morally speaking, it is improper to manipulate by falsifying documents of operations to reflect a specific desired aspect. Providing false information is unethical, and so is manipulating the overall data of productivity. In as much as Allison may be correct in observing that the systems are tolerable since they do not hurt any individual in the end, it goes against the codes of ethics for businesses. And any operation that is unethical, whether they hurt an individual or not, is morally objectionable and should not be tolerated under any circumstance. This is in line with the ethical theory of the utilitarian search for consequences probing deeply to find even the less obvious harms. 

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StudyBounty. (2023, September 16). Ethical Issues in Business: A Framework for Analysis .
https://studybounty.com/ethical-issues-in-business-a-framework-for-analysis-case-study

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