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Introduction |
Concepts |
Exercises |
Resolution |
Case |
Discussion
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So what should Andrew do? How can he decide which ethical priority is most important, his obligation to CanGo or his desire to respect Gail's confidentiality? Since ethics is grounded in philosophy and not science, there is no one correct or overriding answer to the question "Is this ethical?" Rather, there are different views of ethics that can be used to evaluate whether a particular decision or behavior is ethical. Let's briefly review the major ones now.
Andrew could use any of these three perspectives as a starting point for his analysis. They may not lead to a clear resolution, but at least they would provide him with some guidelines. In a sense, Andrew faces a problem all business managers must deal with on a daily basis: how to balance the rights of different groups of stakeholders. Just as Andrew must decide which is more important, his obligation to CanGo or to Gail, all managers must evaluate their actions in the light of the interests of investors, employees, customers, and society in general. This is no easy task. In fact, the conflicting interests of stakeholders present managers with some of their most difficult ethical dilemmas.
There are no easy answers to these questions. Moreover, the examples given above are relatively simple. Managers must often respond to conflicts involving all four groups of stakeholders. Now that you've reviewed some of the underlying issues of business ethics, let's apply what you've learned to Andrew's problem.
© 2002 by Prentice-Hall, Inc.
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