(a) The
main ethical concerns are independence, integrity and objectivity. The facts
seem to indicate that it is an all-expenses paid trip to Los Angeles for Mr
Smith and his family. This could give the impression that the trip is a gift
that could influence the software chosen. When making the software decision, Mr
Smith may feel textbook solutions Ltd. because of the trip. From a third party
viewpoint, there could appear to be a conflict of interest and a lack of
independence. On the other hand, it would be a great opportunity to gather more
information about the software.
There could be an opportunity to meet users of
the software, to hear clearly what the future development plans of the software
are and it would save Practical Solutions Ltd money as they wouldn’t have to
pay for the trip. However, ovterall, the suggestion of taking textbook solutions and of
having a trip to Disneyland seems to indicate that the trip is more of a gift.
The appearance to
third parties and
the impact on independence, integrity and objectivity may be too great. I would
advise Mr Smith not to take the trip.
(b) The
trip would save textbook solutions Ltd money and it would help gather
information that could be useful in making a purchase decision. However, there
are the ethical considerations as discussed in part (a) and the effect the trip
would have on other employees and other software vendors. Maybe Practical Solutions
Ltd could set some conditions to enable an employee to travel to Los Angeles to
gather information without having the appearance of favouring Dogto Ltd.
test bank shop could include:
(c) Yes, it
is probably worthwhile for the company to develop its own code of conduct.
The
advantages are that it would send a message to employees about acceptable
behaviour and help promote an aura of trust and credibility around test bank shop
dealings. It would strengthen the professionalism of the company and even help
the management team to foresee any ethical dilemmas. The disadvantages are that
a code can’t possibly cover all situations and employees may think that it sets
down the minimum standard and it could be costly and time consuming to develop.
The Johnson & Johnson credo lists all stakeholders as important to
the mission of the enterprise. This reflects well with today’s stakeholder
philosophy. Further, it has been discussed that the philosophies of companies
such as Johnson & Johnson, Cadbury, Du Pont, and other companies that
started in the early twentieth century were such that they considered and
believed in test bank shop benevolence of people. It was only in the latter
part of the twentieth century that the management of firms took the self
interest principle to the next level. Even Freidman and Smith, advocates of
this principle believed that there were ‘rules to the game’. With credos such
as Johnson & Johnson there may not be a need for excessive regulation.
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