$24$SP$-$BUMA$-020$A$-6471$

CH $3$ Discussion: Social Responsibility and Business Ethics

DISCUSSION PROMPTS FOR CHAPTER $3$:

This week we will have two Discussion Prompts. You should answer both of them. Remember to FORMAT!

Topic #$1$: Corporate Officers and the Board of Directors for a large, publicly$-$owned company are generally aware that their new product has dangerous flaws that could lead to catastrophic accidents. Employees and safety managers within the company have filed memorandums that discuss their concerns, although no one in the organization has notified of the government agency that is responsible for certifying the safety of this new product. The competitive pressures to lock in contracts in this competitive industry versus one other primary competitor and to maintain corporate profitability result in ongoing pressure to continue to develop this product. Ultimately there is an implicit calculation that any fines, penalties from lawsuits would be less than the cost of slowing production to review and potentially correct the dangerous flaws.