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Maldin Mills - Case Study Example

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As the C.EO, Aaron Feuerstein was faced with various decisions. He had to make his mind whether to shut the mill, relocate to a location with less taxation and cheap labor, relocate to the places where…
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Maldin Mills

Download file to see previous pages... After all, he was expected to do what was right and human (Weiss 2014).
When the business went into bankruptcy, the stakeholders should have pulled resources together to secure the business. The business should also have shut down for a while. Alternatively, the company should have put the workers on a half wage for the future of the business.
My recommendation would not have differed as I feel that as much as I would be interested in the profits of the company, there is also a moral responsibility towards the workers who relied on the mill.
Aaron felt like he failed, but he acted ethically. The way he did it was wrong though. He relied on the prospects of a good future that were not assured. If all the stakeholders had a say in the business, I believe it would not have come to the point of losing the vision of the ...Download file to see next pagesRead More
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