We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

An Ethical Dilemma - Essay Example

Comments (0) Cite this document
Summary
[Your full name] [Instructor’s full name] December 09, 2011 An Ethical Dilemma Business professionals need to have an understanding of business ethics because ethics play a considerable role in making a business successful. Although ethics are relevant at individual level but its value becomes more critical when the managers are doing something wrong at the managerial level…
Download full paperFile format: .doc, available for editing
Polish This Essay96.4% of users find it useful
An Ethical Dilemma
Read TextPreview

Extract of sample
"An Ethical Dilemma"

Download file to see previous pages It was a new company in the field of product manufacturing. Therefore, in order to draw more customers towards the newly manufactured products, the company used to deliver gifts and discounts to the customers. Such strategies used to work well for the company, as they were able to attract a large number of customers. The reason was not only the discounts and gifts that the company offered to the customers but also the quality of the products manufactured by the company was very high. The ethical dilemma, which I am going to relate, occurred when the operation manager of the company left the job due to some personal reasons and the company hired a new manager, James Ferrel. The new manager had a different and less professional approach towards the business. An ethical dilemma occurred when he used the strategy of buy one get one free for a newly manufactured product of the company. The scheme was that if a customer buys a LCD TV from the company, the company would provide the customer with a free DVD player of the same quality. The scheme proved successful in the start as a large number of customers opted to buy the company’s products. ...
He told me about the situation. He told me that the new manager gives importance to profits more than quality and for that, he planned to attract customers by providing them with a free product. However, the strategy resulted in losing the customers’ confidence in the company’s products. The ethical issue involved in this example was that the company should have provided the customers with excellent quality not only in the product that intended to buy but also in the product that the company used to provide them as a gift. The company went against business ethics, which not only resulted in loss of customers’ confidence but also affected the image of the company in the minds of the customers. The company faced huge criticism, which ultimately led to dismissal of my friend and his manager. According to Ferrell and Gresham, ethical decision making in business is a key towards a business success. Had I been at the post of my friend, I would have informed the top management about the manager’s approach towards business. I would have also asked the manager to use some other way to increase the company’s sales instead of cheating the customers by providing them with a low quality product. “Ethics are standards of conduct” (Smith). I would have used an ethical decision making model to tackle the situation. I would have proved my words of delivering the free item of the same quality. I believe that the Trevino and Nelson's eight-step model to ethical decision making would have helped me in taking suitable decisions. Being in the situation of my friend, I would have gathered the facts at first in order to know the exact position of company in the market. Next, I would have defined the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“An Ethical Dilemma Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
An Ethical Dilemma Essay Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/management/1439583-paper-week
(An Ethical Dilemma Essay Example | Topics and Well Written Essays - 750 Words)
An Ethical Dilemma Essay Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/management/1439583-paper-week.
“An Ethical Dilemma Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/management/1439583-paper-week.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Ethical dilemma
Logics and ethics are often influence the decision making process of promotions. However, which should be given more preference; logics or ethics, is a big question the top management should address while taking such decisions. Some of the candidates who are seeking promotions may have more experience while the others may have more abilities.
6 Pages(1500 words)Case Study
Analysis of an Ethical Dilemma
The paper will seek to find out the best way for the group and its management to solve the dilemma issues, and plan for future occurrence. This paper will also analyze specific dilemmas in virgin group, the forces behind the dilemma and the group code of conduct.
6 Pages(1500 words)Essay
Analysis of an Ethical Dilemma
The midwife who had already examined her and was satisfied with her overall health condition, immediately offered her services for a sweep and told her how expert she was at doing this procedure. Since the client was not willing to undergo IOL, the option of a sweep appeared attractive.
8 Pages(2000 words)Essay
Abortion - An Ethical Dilemma
Every child in the world has a right to live whether they are born out of wedlock or love. Considered as the little angels, they are blessings from above. Every person, every child has to experience life's pleasures, may it be happy or sad. Although each and everyone came from different race, families and country, each has their own right to live in the community.
8 Pages(2000 words)Essay
Honesty, Justice, Due Process, and Crime Control: An Ethical Dilemma
Honesty should always serve justice, and due process should never be allowed to be an opponent of crime control. Unfortunately in modern society, this is not always the case; in fact, it is often not the truth. As discussed below, the juxtaposition of honesty to justice can demonstrate enormous ethical dilemmas.
5 Pages(1250 words)Essay
A written analysis of an ethical dilemma in health care ethics
Some businesses and organisations have begun to develop their own codes of ethical behaviour as well. Some of these codes are steadfast regulations-setting the stage for ethical behaviour that must be followed. Other organisations have chosen to implement a set of guidelines-used to help individual employees make a choice when faced with an ethical dilemma.
10 Pages(2500 words)Essay
Analysis of an ethical dilemma
Several sectors clamored and demanded for immediate punishment like contract termination even before the court verdict is released. The companies or organizations holding the contracts are putting off the
3 Pages(750 words)Essay
Case study of an organization that has experienced or is experiencing an ethical dilemma
Its marketing strategies have been condemned for their misleading nature and harmful effects on those who placed trust in their products. Denunciations of Nestlé’s business practices culminated in 1977 with the commencement of a widespread boycott of its
7 Pages(1750 words)Essay
Banking; an ethical dilemma
the banking industry, Sarbanes Oxley act addresses not only behaviour of the corporate executives, but also of all employees, including tellers, accountants, loan officers, marketing directors and customer service executives. It has been observed that in each employee group,
10 Pages(2500 words)Essay
Analysis of an Ethical dilemma part #3
However, the dilemma is the extent that a patient can practice autonomy, and whether nurses are obligated to assist in suicide. The American Nurses Association (2013) puts it clear that assisted euthanasia is against the nursing code of practice. As such,
1 Pages(250 words)Essay
Let us find you another Essay on topic An Ethical Dilemma for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us