Question
A Pepsi executive tells you he was approached by a Coke executive. The Coke executive says that someone from Coke is unofficially willing to sell
A Pepsi executive tells you he was approached by a Coke executive.
The Coke executive says that someone from Coke is unofficially willing to sell Pepsi the Coke formula and the Coke marketing plan for $25 million. The individual at Coke has access to both the vault and the bottling equipment so they can get the formula and marketing documents with nobody at the Coca Cola Company knowing.
Discuss fully your concerns.What is the ethical dilemma?Is it illegal to purchase the Coke formula and marketing plan?Explain fully your point of view. Classify the purchase of the Coke formulas as one of the followingANDexplain fully your point of view.Ethical and Legal, Ethical, but Illegal, Unethical, but Legal, Unethical and Illegal.
As a consultant to Pepsi, what is your recommendation? What should the Pepsi executive and PepsiCo do?
Listed below are some relevant ethical concepts that can help you reach a point of view.You can provide an summary of a relevant ethical concept as part of your response.
- Utilitarianism
- Moral Idealism
- Personal benefit: acknowledge the extent to which an action produces beneficial consequences for the individual in question.
- Social benefit: acknowledge the extent to which an action produces beneficial consequences for society.
- Principle of benevolence: help those in need.
- Principle of paternalism: assist others in pursuing their best interests when they cannot do so themselves.
- Principle of harm: do not harm others.
- Principle of honesty: do not deceive others.
- Principle of lawfulness: do not violate the law.
- Principle of autonomy: acknowledge a person's freedom over his/her actions or physical body.
- Principle of justice: acknowledge a person's right to due process, fair compensation for harm done, and fair distribution of benefits.
- Rights: acknowledge a person's rights to life, information, privacy, free expression, and safety.
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