Question: it is a question from Business law. Using a framework for ethical decision-making, discuss what you should do. You are employed by a company that,
it is a question from Business law.
Using a framework for ethical decision-making, discuss what you should do.
You are employed by a company that, among other things, manufactures new medical devices.
You are in the production area for this business. There are others in this area as well. All of you report to Mr. Slippery. Mr. Slippery tells only you that the companys brand new device has been checked by a lab and everything is fine. He tells you to deal with his good friend at the lab and launch the product.
You start dealing with Mr. Slipperys friend. He tells you everything thing is great but some of his statements just dont sound right. Further, this friend gives you tickets with great seats to a Bruno Mars concert.
You actually call another lab you have dealt with before. You find out, much to your surprise, that this lab has already evaluated this new product and had significant concerns that it might actually seriously harm the people it is supposed to help. You are worried about your firm being sued by injured people for a defective product and incurring significant liability.
Your company is experiencing loss of revenue and desperately needs more revenue. There is a push from senior management to increase revenue. All performance reviews, raises, promotions and bonuses will be tied to this. Your company does not have the best reputation in the industry.
You also observe Mr. Slippery abusing a fellow female employee. He is making lewd and suggestive comments. You have seen this employee crying and are very concerned about her.
Your company has a code of ethics, a policy against sexual harassment as well as conflicts of interest and all legal and ethical violations are to be reported to the Chief Compliance Officer. The Chief Compliance Officer reports directly to the CEO and is extremely close to Mr. Slippery and the CEO.
Using a framework for ethical decision-making, discuss what you should do.
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