Read a scenario Resolving Ethical Business Challenges in the text on page 177 and then answer the discussion questions below. I am looking forward to some great discussions! 1. Describe Saul’s ethical dilemma?
Saul is facing two types of ethical challenges: an ethical dilemma and an ethical decision. An ethical dilemma is a morally problematic situation in which you must choose between two or more alternatives that aren’t equally acceptable. The dilemma is characterized as a “right-versus-right” decision. Ethical decision entails a “right-versus-wrong” decision in which an individual is faced with one a right (ethical) choice and a wrong (unethical or downright illegal) choice (Collins, 2008). Saul’s dilemma is dealing with the ethical challenge that is currently facing.
2. Why would Medicare fraud be a white-collar crime?
White collar crime refers to those offenses that are designed to produce financial gain using some form of deception. This type of crime is usually committed by people in the business world who, as a result of their job position, are able to gain access to large amounts of other people’s money. White collar crime does not involve violent, drug-related, or overtly illegal activities, they typically involve lawful businesses and may individuals hold respectable positions in the community prior to the discovery of their fraudulent schemes. White collar crimes are investigated by the Federal Bureau of Investigations in which they have jurisdiction over both federal and private insurance programs. Once identified using coordinating efforts through various federal, state, and local agencies, white collar crimes are prosecuted by The United States District Attorney’s office. Medicare Fraud is considered a crime against the United States government and stealing of government money FBI.gov 2010).
3. How should Saul approach the situation?
It’s in Saul’s best interest to act ethically and trustworthy. Business ethics is the application of ethical behavior in a business context (FFF, 2015). In my opinion, acting ethically in business means more than just obeying laws and regulations. It also means being honest, doing no harm to others, competing fairly, and declining to put your own interests above those of your employer and coworkers which is something that Dr. Robert Smith did not do. To act ethically in business situations, you need a good idea of what’s right and wrong, which is not an easy task. It comes down to personal integrity and conviction to do what’s right even if it means doing something that’s difficult or personally disadvantageous. If he cannot make this choice, he can also just leave.
Best Regards,
Mr. Mario Nerey
References:
Collins, K. (2008). Exploring Business. Upper Saddle River, NJ: Pearson/Prentice Hall.
Ferrell, O., Fraedrich, J., & Ferrell, L. (2015). Business Ethics: Ethical Decision Making and Cases (Tenth ed., p. 177). Stamford, CT: Cengage Learning.
F.B.I. (2010, April 16). Retrieved April 13, 2015, from http://www.fbi.gov/about-us/investigate/white_collar/health-care-fraud
References: Collins, K. (2008). Exploring Business. Upper Saddle River, NJ: Pearson/Prentice Hall. Ferrell, O., Fraedrich, J., & Ferrell, L. (2015). Business Ethics: Ethical Decision Making and Cases (Tenth ed., p. 177). Stamford, CT: Cengage Learning. F.B.I. (2010, April 16). Retrieved April 13, 2015, from http://www.fbi.gov/about-us/investigate/white_collar/health-care-fraud
You May Also Find These Documents Helpful
-
Ferrell, O. C., Ferrell, L., & Fraedrich, J. (2011). Business ethics: Ethical decision making and cases. (8th ed.). Mason: South-Western CENGAGE Learning.…
- 1614 Words
- 7 Pages
Better Essays -
References: C., O., John Fraedrich, and Linda Ferrell. Business Ethics: Ethical Decision Making and Cases. South-Western Pub, 2010. Print…
- 1087 Words
- 5 Pages
Good Essays -
Fieser, J. & Moseley, A. (2012). Introduction to business ethics. San Diego, CA: Bridgepoint Education, Inc. Retrieved from https://content.ashford.edu/books/AUPHI445.12.1/sections/sec1.3…
- 360 Words
- 2 Pages
Satisfactory Essays -
Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2005). Business Ethics Ethical Decision Making and Cases. Boston, MA: Houghton Mifflin Company.…
- 1496 Words
- 6 Pages
Powerful Essays -
References: Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2008). business ethics ethical decision making and cases. (7 ed.). boston: houghton mifflin.…
- 1256 Words
- 6 Pages
Better Essays -
One example of the Rigas family using the company as a personal piggy bank was the purchase of an almost thirteen million dollar golf course built on the Rigas family property. Another example of the Rigas family using the company as a personal piggy bank was the use of company jets for personal use. On one occasion a company plane was used to deliver a Christmas trees to John Rigas’ daughter in New York. After that tree was not good enough for her, John Rigas used the company plane again to deliver another one. (Barlup, Hanne, & Stuart, 2009) A company jet was once used for an African safari. (Markon & Frank, 2002) Ellen Rigas, John Rigas’ daughter, not connected to the company in any way, received millions of dollars to fund her personal ventures. A couple more examples of the use of company money for personal use were the purchase of timber rights for the family and funding of a local hockey team. Examples such as these were not mentioned in any of the financial statements; however some of the amounts were later added as a small footnote in the company filings. (Barlup, Hanne, & Stuart,…
- 1654 Words
- 7 Pages
Powerful Essays -
Fieser, J. & Moseley, A. (2012). Introduction to business ethics. San Diego, CA: Bridgepoint Education, Inc. Retrieved…
- 357 Words
- 2 Pages
Satisfactory Essays -
Stanwick, P. A., and Stanwick, S. D. (2009). Understanding Business Ethics (Vols. 1 - 1, pp. 8-12). Upper Saddle River, NJ: Pearson Education, Inc.…
- 2516 Words
- 11 Pages
Better Essays -
Fieser, J. & Moseley, A. (2012). Introduction to business ethics. San Diego, CA: Bridgepoint Education, Inc. Retrieved from https://content.ashford.edu/books/AUPHI445.12.1/sections/sec9.7…
- 332 Words
- 2 Pages
Satisfactory Essays -
References: Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2009). Business ethics, ethical decision making and cases. (7e, 2009 update ed.).…
- 1477 Words
- 6 Pages
Better Essays -
the role of external stakeholders in member identification. Business Ethics: A European Review, 15(2), pp. 171-182.…
- 1293 Words
- 6 Pages
Powerful Essays -
The husband hopes the probation officer will consider his military service and POW experience, as well as the PTSD. Accordingly, the husband hopes the probation officer recommends treatment and probation or some form of community corrections.…
- 1531 Words
- 7 Pages
Better Essays -
1. When operating a business in the current environment, holding on to a promise to run an ethical business can be very challenging.…
- 945 Words
- 4 Pages
Better Essays -
The FBI defines white collar crimes as lying, cheating, and stealing. The Department of Justice defines them as non violent illegal activities that involve deception. White collar crimes falls under the purview of Criminal law. They are usually committed for financial gain. They are committed by means of deception used by people who are in an entrepreneurial professional or semi professional position. Not all people that commit white collar crimes are semi or professionals or have special technical knowledge as once thought by the government (Strader, J. K., 2002).…
- 432 Words
- 2 Pages
Good Essays -
and could be illegal. Bank of America is one of our nation’s largest banks that has throughout its…
- 2027 Words
- 9 Pages
Powerful Essays