Futuristic Electronic Technologies (FET) recently released a new advanced electronic micro system to be used by financial institutions, large corporations, and governments to process and store financial data, such as taxes and automatic payroll payments. Even though FET developed the technology used in the creation of the product, FET's competitors are expected to possess similar technology soon. To beat the competition to the market, FET introduced its new micro system earlier than originally planned. In fact, laboratory testing had not been fully completed before the product reached the market. The tests are complete now, and the final results suggest the micro system might be flawed with respect to how some data are retrieved and processed. The tests are not conclusive, though, and even if additional testing proves a flaw does exist, according to FET, it is of minuscule importance because the problem seems to occur for only one out of 10 million retrieval and processing attempts. The financial ramifications associated with the flaw are unknown at this time.

Assume that you are one of FET's senior executives whose annual salary is based on the performance of the firm's common stock. You realize that if FET recalls the affected micro system, the stock price will suffer; thus, your salary for the year will be less than you expected. To complicate matters, you just purchased an expensive house based on your salary expectations for the next few yearsexpectations that will not be realized unless the new micro system is a success for FET.

As one of the senior executives, you will help determine what course of action FET will follow with respect to the micro system.

In own words Don't use answers already out there. Don't use the same answer to each answer question. Answer thoroughly and elaborate

Assigned answer NO to #2

1. What is the ethical problem (dilemma)?

2. Should FET discontinue the distribution of its new micro system until further laboratory tests can be completed(NO) and why? No is my assigned answer

3. What action do you think FET should take? Why?-Why is the most important, elaborate and explain well