Tittle: Decision Making
Choose Topic: Writing
Select number of pages: 2
Question Description: View this Ethical Dilemma to learn more about Bill and Joe’s relationship.
Joe has scheduled a meeting with his management team for next week to talk about the Peninsula Hotel chain contract. He hopes that he will be able to work with them to draft a contract favorable to Peninsula that will ensure its renewal for another year. He is reasonably sure that the contract renewal will ensure his continued success and employment with UWEAR. Bill invites Joe and his family to join them on his yacht for the weekend.
Joe is relieved to get the invitation from Bill because their relationship has been strained lately due to the contract negotiations.
Joe must decide how he will answer Bill’s invitation to join him and his family on their yacht.
Using ethical principles that you have learned thus far to justify your answers, please respond to the following questions in a paper of 500–700 words:
What are some reasons why Joe should turn down the invitation?
What are some reasons why Joe could accept the invitation?
Does Joe’s relationship with Bill meet the definition of a conflict of interest?
Ethical behaviors are essential in every business transaction as it increases demand from positive supporters and improves business recognition and awareness. The main reason why Joe should not accept the invitation is his independence when it comes to business and understanding what’s best for everyone (Oluoch, Odundo, Mwangi, & Oyier, 2018). He should look at the contract issues from a practical perspective which is important in business transactions. In business, ethical decisions should produce the greatest good for all people involved; hence, the invitation might get in the way of making ethical decisions, influencing his ability to make unbiased decisions in the company’s best interests. For Joe to be offered such a luxurious service might compromise his situation hence making the wrong decision.