Johnson Printed Case Summary

1. The ethical issue that they have is that they don’t know if bankrupting PLB and not paying Johnson Printed is a great idea. If Johnson Printed is going to pursue legal actions against PLB for the money that they owe and PLB declares itself bankrupt they will probably make Johnson Printed go to bankrupt as well. This is an ethical issue because the owners of PLB, Jon, Rick and Bell have to make a decision and pick one of the choices: if Johnson Printed pursues legal actions against PLB, the will declare PLB in bankrupt or explain them that PLB is going to do business with them and recover the money that PLB owes Johnson Printed.

2. Jon, Rick, Bell, PLB and Johnson Printed. Jon, Rick and Bell are impacted by the ethical issue because they have to make a decision about what they do with PLB and whatever decision they pick is going to affect Johnson Printed Company. Each of them
The first step that Rick should take is evaluate if recovering the $250,000 of debt it`s worth it for his company and if they think that they are going to make profit after paying the debt. If he thinks that they can do it, the second step that he should take is go and talk with the manager of Johnson Printed. His company PLB owes them $250,000 and they might agree in finding a solution that benefits both companies. If they find a solution, the third step would be start running the company and making money and that would benefit Johnson Printed company because they would have more chances to recover the money that PLB owes them. The risks are that if PLB doesn’t succeed as their owners thought and they are not able to recover the money, Johnson Printed would not gain the $250,000 that PLB owes them. Anyway, Johnson Printed should take the chance because at least they would have more options to recover the money than if they pursue legal actions against PLB. If Johnson Printed pursues legal actions against PLB, their owners will declare PLB in bankrupt and the third step would not