The importance of ethics has been highlighted time and again in the context of business. In the twenty first century government and a number of watchdog agencies have been keeping a keen eye on businesses that try to engage in unethical practices. While large businesses mostly act responsibly, sometime they too may feel inclined to indulge in unethical practices just for the sake of profits. From Nike to Walmart, all have faced fierce criticism in the past for unethical practices. From supply chain to HR management and in other areas too including marketing, there is a need for businesses both small and large to follow ethical practices. However, in this crowd of brands, some of the companies stand out for their ethical image.
Contrary to popular belief, ethical decision-making often leads to wealth and success in business. Fortunately, there are many examples of how ethical decision-making can help a business make money. One reason why Costco can attract high-quality employees is its willingness to pay higher than average wages. Costco succeeds because it can attract the best workers.
The factory's emission levels are already within legal limits. However, Jonica knows that environmental regulations for this particular toxin are lagging behind scientific evidence. In fact, a scientist from the university had been quoted in the newspaper recently, saying that if emission levels stayed at this level, the fish in the lakes and rivers in the area might soon have to be declared unsafe for human consumption. But the company's environmental compliance budget is tight. Asking for this new technology to be installed would put Jonica's department over-budget, and could jeopardize the company's ability to show a profit this year.
An ethical dilemma is a situation by which it's difficult to determine whether a situation is can be handled without disappointing both sides. Therefore, an ethical dilemma exists when the right thing to do is clear or when members of the healthcare team cannot agree on the right thing to do. The case study briefly explains a situation between daughter and father regarding the father's. Ethical Dilemma The case of Richard Adessi appears to be a rather simple one at first glance. As he was leaving for work during a snowstorm that kept many others at home, he dropped dead in his garage from an apparent heart attack.