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Business Ethics - Assignment Solved PDF

   

Added on  2021-09-29

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Business Ethics

Table of Contents
Introduction................................................................................................................................3
Discussion..................................................................................................................................3
Ethical issue...........................................................................................................................3
Michael’s actions...................................................................................................................4
Actions of Michael’s boss......................................................................................................5
Whistleblowing......................................................................................................................5
Relevance of ethics to business..............................................................................................6
Conclusions................................................................................................................................7
References..................................................................................................................................8

Introduction
The business ethics are the practices and policies associated with controversial issues like,
discrimination, CSR, bribery, corporate governance and fiduciary
responsibilities[ CITATION PMM13 \l 1033 ]. The rules, laws and regulations help in
establishing the ethics of business and also provide with the framework that can help in
gaining acceptance from public[ CITATION Inv181 \l 1033 ]. The case talks about a
scenario. Michael is a new product manager in a technology start up. He loves his job. One
day, before lunch, his boss came to home and handed him with the private strategic
documents of closest competitor. The strategic documents of the other company were related
to the pricing strategies, product plans and the partnership agreements. He told to Michael
that he had taken the documents from the competitor company’s server through the intranet
and downloaded all the interesting information and documents. The case is analysed in terms
of ethics. The unethical issue that is identified in the case is that Michael’s boss obtained the
private strategic document of the competitor’s company through intranet using the server and
downloaded it, which is unethical as all the documents were private and confidential and are
obtained by him in an unethical manner. The ethical theories and the concepts are
implemented in order to analyse the case in an effective manner. The actions of Michael that
can be performed by him are stated in the analysis and the ethical theories that can be
followed by him to take the actions are presented. The analysis also identified that the actions
of Michael’s boss are unethical.
Discussion
Ethical issue
The ethical issue in the scenario is that Michael’s boss had obtained the private strategic
documents of closest competitor related to pricing strategies, partnership agreements, product

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