Ethics
- Submitted by: hmb2204
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- Category: Other
- Date Submitted: 09/08/2010 03:40 PM
- Pages: 12
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The purpose of the reflective journal for the ethics game simulation is to define
and defend decisions made in the simulation, describe the relationship between
concepts of virtue, values, and morals in the simulation, provide examples of how concepts in this simulation relate to my workplace, and explain ways in which external social pressures influence business ethics in the simulation.
The first step in the simulation was to figure out the problem and the issue. My analysis of the problem was whether to warn consumers and what information to provide consumers about the contaminant. Accurately defining the issue makes analysis of the problem easier.
Having to decide questions which are not clear cut is the most difficult task we face. We have now determined that the question we will answer is what information or warning you should give the consumers. We have also identified the primary stakeholders whose interests will have to be considered as you decide what to do.
The Rights/Responsibilities Lens helps you identify your obligations—your duties—as well as your rights in this situation. The idea is that as we think carefully about our choices we will know our rights and responsibilities, no matter what anyone else says.
The first step is to identify your duties to the various stakeholders. This lens requires that we treat people the way they have agreed to be treated . . . either because of our stated agreements (contracts) or our implied agreements.
Below is a list of the duties that you might owe the stakeholders. Three of the six of them are actually your responsibility. Considering your leadership role in the company, check those which you believe apply to you in this situation.
Who are the primary stakeholders in this problem?
The Shareholders
(Correct) The stakeholder theory acknowledges the importance of shareholders and that maximizing shareholder value is one of the company's primary purposes. The shareholders are always...
and defend decisions made in the simulation, describe the relationship between
concepts of virtue, values, and morals in the simulation, provide examples of how concepts in this simulation relate to my workplace, and explain ways in which external social pressures influence business ethics in the simulation.
The first step in the simulation was to figure out the problem and the issue. My analysis of the problem was whether to warn consumers and what information to provide consumers about the contaminant. Accurately defining the issue makes analysis of the problem easier.
Having to decide questions which are not clear cut is the most difficult task we face. We have now determined that the question we will answer is what information or warning you should give the consumers. We have also identified the primary stakeholders whose interests will have to be considered as you decide what to do.
The Rights/Responsibilities Lens helps you identify your obligations—your duties—as well as your rights in this situation. The idea is that as we think carefully about our choices we will know our rights and responsibilities, no matter what anyone else says.
The first step is to identify your duties to the various stakeholders. This lens requires that we treat people the way they have agreed to be treated . . . either because of our stated agreements (contracts) or our implied agreements.
Below is a list of the duties that you might owe the stakeholders. Three of the six of them are actually your responsibility. Considering your leadership role in the company, check those which you believe apply to you in this situation.
Who are the primary stakeholders in this problem?
The Shareholders
(Correct) The stakeholder theory acknowledges the importance of shareholders and that maximizing shareholder value is one of the company's primary purposes. The shareholders are always...