SEC 575 Week 6 Assignment Business Ethics Simulation
WEEK 6 Business Ethics Simulation
1. What should CEO Werner say to the Division Chiefs? Is the decision ethical? Why or why not? I think from looking at and seeing the three choices, I would tell the Division Chiefs that: "With what is going on a lot of companies are doing business with China right now. How do you be different and get around the problem?" I don't think that this decision that was given is ethical because it is the senior officers of the company that are making the ethical decision that would greatly affect all of the subordinates in the company and the company itself, but having said this I believe that this would be the best decision. With more and more companies that are turning to China to do business it is mainly because of their low production costs. China has a huge population and it creates a mass market for selling things. I believe the CEO may have felt that if other companies are doing business in China, that he should be doing the same thing because there was no harm no fowl in it. The main thing I see as a problem is that China could perhaps have some policies and regulations that are not the same as we have here in the United States. It is known by the CEO and senior officers that they are aware of the rules and regulations in China, and by knowing this they went ahead with the decision to set up shop and market in Hong Kong. China believes that in doing this that there are no ethical implications to doing this type of stuff.
2. How are you enjoying the new position in Hong Kong? Do you keep your job? Why or why not? I personally would have to be saying "It is great to be in Hong Kong, but having seen a problem with the payments I would personally like to research this further and see where there may be some problems down the road in this implication of this practice!." I would be so totally excited for this position and location, but knowing what is going on I feel a little uneasy even though the CEO
1. What should CEO Werner say to the Division Chiefs? Is the decision ethical? Why or why not? I think from looking at and seeing the three choices, I would tell the Division Chiefs that: "With what is going on a lot of companies are doing business with China right now. How do you be different and get around the problem?" I don't think that this decision that was given is ethical because it is the senior officers of the company that are making the ethical decision that would greatly affect all of the subordinates in the company and the company itself, but having said this I believe that this would be the best decision. With more and more companies that are turning to China to do business it is mainly because of their low production costs. China has a huge population and it creates a mass market for selling things. I believe the CEO may have felt that if other companies are doing business in China, that he should be doing the same thing because there was no harm no fowl in it. The main thing I see as a problem is that China could perhaps have some policies and regulations that are not the same as we have here in the United States. It is known by the CEO and senior officers that they are aware of the rules and regulations in China, and by knowing this they went ahead with the decision to set up shop and market in Hong Kong. China believes that in doing this that there are no ethical implications to doing this type of stuff.
2. How are you enjoying the new position in Hong Kong? Do you keep your job? Why or why not? I personally would have to be saying "It is great to be in Hong Kong, but having seen a problem with the payments I would personally like to research this further and see where there may be some problems down the road in this implication of this practice!." I would be so totally excited for this position and location, but knowing what is going on I feel a little uneasy even though the CEO