Question: Evaluate one actual organization from the below list that faced a difficult ethical decision. This decision can be limited to one specific act, but it
Evaluate one actual organization from the below list that faced a difficult ethical decision. This decision can be limited to one specific act, but it can also be an ongoing policy or plan. In your writing,
1. Describe the ethical considerations related to the decision.
2. Identify the stakeholders affected by this decision and discuss how the decision affected them.
3. Then evaluate the organizations actions from an ethical point of view. Explain why the organization has or has not acted ethically and explain what, if anything, the organization should have done differently.
Be sure to write in complete sentences.
Organization list:
- Enron Questionable accounting practices and manipulation of the energy supply brought down this company. Enron: The Smartest Guys in the Room is an excellent documentary movie that explains the scandal. Check out an excerpt from Enrons Code of Ethics.
- Monsanto Monsanto has been criticized for its mega-size. Critics fear they are taking over the food supply as well as creating negative environmental issues. Check out Monsantos Code of Ethics for Chief Executives and Senior Financial Officers.
- Arthur Andersen Arthur Andersen is known for its unethical auditing practices. Check out The Fall of Arthur Andersen for more complete details.
- WalMart Studies have shown that WalMart may save people money but they may also negatively impact communities. Their low prices may also hurt suppliers. The company received criticism when leadership announced they wanted to hire healthier, more productive employees. WalMart has been accused of being anti-union and has survived sweatshop and discrimination scandals. Check out WalMarts Statement Regarding Code of Ethics.
- Countrywide The company offered subprime loans that later resulted in default. Critics have claimed that Countrywide employees told clients that their properties would increase in value and that their loans would be able to be refinanced when market values rose. The market values declined causing many to lose their homes. Check out Countrywides Code of Ethics.
- Beechnut Beechnuts ethics came into question when it was discovered that they were selling apple juice to foreign countries that contained something less than apple juice. For more information on this scandal, check out Beechnuts History and Apple Juice Scandal.
- Starbucks Clustering strategy may force smaller companies out of business. There were so many Starbucks on street corners that movies like Best In Show made fun of how there might be one Starbucks right across the street from another. Check out Starbucks Code of Ethics for CEO and Financial Leaders.
- Nike Manufacturing practices included producing shoes offshore to save money. Nike has used its share of sweatshops in manufacturing. They have come under fire for human rights violations. Check out Nikes Code of Ethics.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
