Ethical Issues and Dilemmas
1.) Describe a business/organizational example that experienced an ethical issue or dilemma. (Ethical issue includes bribery, discrimination, conflicts of interest, or lying) Choose only one ethical issue.
a. Choose the example from your personal experience or research
b. Describe it,
c. Explain how the issue was resolved or how it could be resolved.
2.) Explain whether ethics in business are over regulated or not regulated enough. If you think ethics are over regulated describe a specific law or regulation that you would repeal or weaken. If you think ethics are not regulated enough, describe a new law or regulation that you would write or how you would strengthen one of the existing laws or regulations. In either case, be specific about the changes you would make and explain how your proposals would result in a better balance.
Law or regulation covered in course material include Sherman Antitrust Act, Clayton Act, Robinson-Patman Act, Lanham Act, Consumer Goods Pricing Act, FTC Act, Trademark Counterfeiting Act, Fraud Enforcement and Recovery Act. Please use one of the provided laws or regulation to answer question #2.
* Note: Answer each question with 150 to 200 word count. Use APA format for in-text citation and reference. Provide a source for each question, total of 2 or more sources.
Answer PreviewWhen I was working with Beautiful Textile Company there was an ethical issue and dilemma experience that took place. There was a chance for hiring new employees in the organization and many people who were interested were welcomed. The manager at the time was required to select the people who he thought qualified for the positions. Amongst the interested people was the manager’s cousin who was not the most qualified for the position. The manager was in a dilemma whether to fix his cousin in the position or to act as expected for the organization by employing the person who qualified the most for the position…