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Ethical Issue in Business

   

Added on  2022-11-26

9 Pages2590 Words473 Views
Running head Ethical Issue in Business 0
Ethical issue in
Business
Ethical Issue in Business_1
Ethical Issue in Business 1
Contents
Introduction......................................................................................................................................2
Ethical issues...................................................................................................................................3
What is the ethical issue in this scenario?....................................................................................3
What should Michael do? Justify your answer using at least two ethical theories......................3
Do you perceive Michael boss to be ethical or unethical? Explain your answer in detail...........4
Should Michael blow the whistle? Define whistleblowing. Explain what motivates whistle-
blowers and under what circumstances whistleblowing is justified?..........................................5
Based on the case study, provide four reasons why ethics is relevant to business?....................6
Conclusion.......................................................................................................................................7
Reference.........................................................................................................................................8
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Ethical Issue in Business 2
Introduction
Ethics plays an important role in running the business. Ethics means doing the right
things to meet the challenges without using any wrong path. When the ethical decisions are
taken it should be made on the basis of trust and integrity. As in the case study, Michael
Vasquez is a product manager of a technology startup company, who loves the challenges and
always stays in ethics while doing his job with integrity and honesty. His boss has handed him
over some documents which include the competitor’s confidential information which he hacked
in an unethical manner. Now Michael Vasquez is in a situation whether to use the information or
not as this is against his ethics. In this report, ethical issues will be explained along with the
theories and the report also makes the focus on the concept of the whistleblowing and provides
the reasons why ethics are important to any business.
Ethical Issue in Business_3

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