The Total Paper Company manufactures waste paper throughout the United States. As part of the manufacturing process,
Question:
The Total Paper Company manufactures waste paper throughout the United States. As part of the manufacturing process, they use a chemical known as Licodrol, which is safe for the environment.
However, its Board of Directors is proposing a switch to a new chemical, Adascotrol, to maximize shareholder value. This new chemical would save the organization a significant amount of money in manufacturing costs, but it can be harmful to the environment.
As the plant manager, you will decide whether or not to switch to this new chemical. You will meet with your manufacturing management team and review documents and images to assist in the decision-making process.
Once the decision is made, you should contact the Board of Directors of the company. Hopefully, you will make ethical decisions while preserving shareholder value!
- Required
- Analyze a business problem.
- Assess available options and stakeholder impacts
- Choose an ethical solution
- Build an effective message communicating an ethical decision
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw