Question
Hello, can someone help me with these business and ethical dilemmas and behaviors to apply in these scenarios and find solution to it. I did
Hello, can someone help me with these business and ethical dilemmas and behaviors to apply in these scenarios and find solution to it. I did first 2, but I am not sure if I am on good path or not. I need help with last two. Please provide your feedback. Thank you!
Scenario`s - Ethical Behaviors and Dilemmas
Scenario #1
After the company enjoyed a good year in 2019, Robert was thinking about giving bonuses of 15% for all members of his staff. Early in 2020, Robert received an e-mail from his cousin, Nancy, who graduated from Baruch College with a BBA in accounting in June 2020. Nancy is in the United States on a student visa. She tells Robert that if she does not get a permanent job in the United States within two months, she will have to return to her country of birth where there is little work for American-educated accountants. Although Accountants LLC was not specifically looking for an additional accountant, and after thinking about it for some time, Robert decides to hire Nancy as a entry-level accountant in order to allow her to remain in the United States. To find funds for hiring her, Robert decides to forego awarding the 15% bonuses he was considering and instead orders a bonus of 12%.
Scenario #2
One day, Robert learns that New York City has started a program to help small businesses. The program provides tax breaks and other benefits for Manhattan-based businesses that have fewer than 15 full-time employees. Since Accountants LLC has 15 full-time employees, it would be ineligible for the program. Robert decides to fire Michael, the most junior accountant at the firm, which now makes the firm eligible for the program.
Scenario #3
Ron Jones, VP of a large construction firm, receives in the mail a large envelope marked "personal". It contains a competitor's cost data for a project that both firms will be bidding on shortly. The data are accompanied by a note from one Ron's subordinate saying: "this is real thing!" Ron knows that data could be a major advantage to his firm in preparing a bud that can win the contract. What should he do?
Scenario #4
Kay Smith is one of you top performing subordinates. She has shared with you the desire to apply for promotion to a new position just announced in a different division of the company. This will be tough on you since recent budget cuts mean you'll be unable to replace anyone who leaves, at least for quite some time. Kay knows this, and in all fairness, has asked your permission before she submits an application. It is rumored that the son of a good friend of your boss is going to apply for the job. Although his credentials are less impressive than Kay's, the likelihood is that he will get the job if she does not apply. What will you do?
The first scenario presents an ethical dilemma because Robert is hiring Nancy for personal reasons rather than business. Despite the fact that Accountant LLC does not require an additional accountant at the moment, Robert hires her as an entry-level accountant so she can remain in the United States. If someone approached Robert about working as an accountant for his company, he would most likely dismiss them. However, after his cousin expressed concern about leaving America and returning to her homeland, where there is little work for American-educated accountants, he put more thought into it. He cut his staff's bonuses from 15% to 12% once she was hired, something that would not have happened otherwise.
Taking current workers' wages to fund an extra, new accountant job is both wrong and unfair. The solution to this ethical dilemma would be to not offer Nancy a position and instead provide her with other resources to help her find work and stay in the US. Offering Nancy advice or referring her to other firms in need of an accountant are two possible methods to assist her. Simply offering her a job due to personal reasons and family ties is unfair, making it truly an ethical dilemma.
The second scenario also presents an ethical business dilemma because it presents the issues of letting clients go. In this scenario we are told that Robert learns that there is a program in New York City that wants to help small benefits, the only catch is that in an LLC there has to be fewer than 15 full-time employees. Once Robert learns that in his small business less than 15 employees can be hired he decides to fire his junior accountant at the firm which is wrong from an ethical and business standpoint. Another issue that is shown in this scenario is that Robert is choosing to fire Michael who is the only junior accountant working at the firm. This could mean that Robert wants to keep all of his new employees as opposed to his junior accountant who was there for a longer period of time.
A solution to this scenario would be for Robert to find another alternative and to have a larger business that allows more employees and to hire more people to help out within the business. Another solution that could also be done is for Robert to help his junior accountant, Michael, find another job as an accountant rather than to just fire him altogether. Firing one of your employees to acquire benefit over your own business is immoral and wrong because they didn`t made mistakes where it would be a justifiable reason to fire someone which makes this an ethical dilemma.
There is no reffernce to this, its only based on this scenarios .
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