1. What is the ethical dilemma faced by management in this case. Explain fully.
2. What specific problems might Newell face in its downsizing decision?
3. What options might Newell employ in its downsizing decision? Explain fully.

A particular issue in business ethics is, “What exactly does the term ethics mean?” Various writers have described ethics as rules that govern behavior; desired societal values such as respect for justice, or accepted principles of right or wrong. Furthermore, the subject of ethics embraces the study of morals and virtues. One author noted, “While laws concern what we must do, ethics concerns what we should do.”