Business Law and Ethics Essay Example | Topics and Well Written Essays - 1500 words

Business Law and Ethics - Essay slipThe next question will be what should be the ideal state with respect to working condition, and step assurance. The next question involves what is the minimally accepted state with respect to working condition and quality assurance. The future(a) question I will ask is what steps and procedures should we put in place to ensure that we importantly improve our present situation to the minimally accepted state. The last question is what procedures we should use to raise from the minimally accepted state to the ideal state. I will use utilitarian theory of business ethics. I prefer utilitarian theory because it lays high emphasis on ethical decisions that advance the most foster to all the stakeholders magical spell at the same time limiting amount of damages to the minimal emergence of participants as possible. Because I want well for the majority, my ethical decision should cause less harm to the stakeholders of Delectables Corp. while at the s ame time increasing value for everyone. The decision of whether to blow the blab or non is one of the most challenging because it involves a lot of thinking. I will first thinking close the impact of blowing the whistle on the future performance of the union. ... The stakeholders model recognizes the role and contri exception of different individuals towards victory of the organization especially the customers, employees, suppliers, government, and creditors. It is undoubtedly that a wide range of take chancess is associated with blowing the whistle. The first risk associated with whistle blowing is deprivation of employment (Trimborn). I will not only put my job at risk but also of other employees. This claim can be justified by the fact that boycott of go with products- peanut butter in the market will force the play along to reduce its production, which in debate translates to job cuts to allow the company from insolvency owing to large salary and wages payout. The next major risk associated with whistle blowing is dissolution of the company. A company can lose its competitive edge owing to unethical and illegal practices, which can consequently lead to closing down of the company. Whistle blowing also put the company at the risk of losing its revenue. This can happen when the company is charged hefty fines for illegal practices or when the company loses its market share owing to unethical practices in manufacturing of peanut butter. Customers tend to shy away from companies that do not observe stipulated ethical and legal standard by industry the regulators, bylaws, or laws. Whistle blowing is not only risk as it also comes with a wide range of benefits. The first benefit of whistle blowing is the fact that it brings sanity in the operations of Delectables Corp. by ending wrongdoings such selling of peanut butter with questionable quality. Whistle blowing also protects the interest of key stakeholders especially customers especially if consumptio n of the service or product can lead to bodily harm or chronic