Business Ethics Report: Ethical Dilemma at ISI, University Name

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This report examines the ethical implications of a satellite launch delay at International Satellite Images (ISI). The case study focuses on the ethical challenges arising from a subcontractor's failure to meet deadlines, specifically a delay in developing a thermal stabilizer. The report delves into the problem statement, providing background information on the situation and its impact on the company's launch dates. It explores the overlapping concerns within the business execution of technology and imagery companies, particularly the potential for stalled international negotiations and loss of venture capital funding. The report applies Goleman's theory of moral development to analyze the leadership styles and their impact on organizational culture and productivity. It concludes with recommendations for balancing business ethics through transparent communication and advance planning, emphasizing the importance of maintaining ethical standards to gain a competitive advantage and secure capital.
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Running head: BUSINESS ETHICS
Business Ethics
Name of the student
University name
Author’s note
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1BUSINESS ETHICS
Table of Contents
Introduction......................................................................................................................................2
Problem statement and background information.............................................................................2
Concepts and overview of the business process..............................................................................2
Application of Theories...................................................................................................................3
Conclusion and recommendations...................................................................................................3
References........................................................................................................................................4
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2BUSINESS ETHICS
Introduction
The current topic focuses on the importance of implication of ethical principles within the
realms of a business organization. Therefore, meeting up with the business ethics helps in the
prevention of conflicting situation within the execution of the organizational procedures. The
ethical practice of the business tactics also helps in customer retention along with prevention of
any legal disputes on the part of the organization.
Problem statement and background information
The current topic addresses the ethical challenges faced within in the context of meeting
up with the actual dates of the product delivery. In this context, USA based International
Satellite Images (ISI) has been taken into consideration. The ISI had been building a satellite for
producing high definition satellite images of the world at a resolution of one meter. However, the
subcontractor had a problem in the development of a thermal stabilizer for the instrument. It was
found later that to fix the problem there could be a delay amounting to 18 months. This further
resulted in an ethical challenge in front of the organization regrading the launch dates of the
satellite to be out into the proposal. However, Jim the vice president was advised by his boss to
the maintain the original launch dates in his proposal knowing that they would not be able to
conduct the launch on time. This further resulted in the development of an ethical concern for the
organization.
Concepts and overview of the business process
There are a number of overlapping concerns in the business execution of the technology
and imagery companies and organizations. In this respect, an organization revising its launch
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dates would result in stalling or termination of much of international negotiations. As
commented by Chell et al. (2016), meeting up with the ethical concerns would mean that the
company has less chances of gaining a competitive advantage over other organizations.
Additionally, the sponsors were achieved from venture capitalists, which relied upon advance
contract acquisition. Therefore, the company losing out on the launch dates of the could be
pulled down from the sponsored lists (Hartman, DesJardins, & MacDonald, 2016).
Application of Theories
The present scenario could be evaluated further with the help of the Goleman’s theory of
moral development. As mentioned by Corvol et al. (2016), the different leadership styles
present within an organization often result in the development of conflicting situations. Most
often the conflict within the commanding, pacesetting leadership styles with the visionary
attributed possessed by an employees can hamper the organizational culture and the productivity
enhancement (Graf et al. 2007).
Conclusion and recommendations
In this context, a number of ethical recommendations could be suggested over here such
as the balancing of the business ethics by mutual agreement within the organization. The present
situation of distress in ISI could have been handled by advance planning and transparent
mention of the charters within the proposal. This helps in gaining a competitive advantage by
pulling off much of the capital requisites from the venturists.
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References
Chell, E., Spence, L. J., Perrini, F., & Harris, J. D. (2016). Social entrepreneurship and business
ethics: does social equal ethical?. Journal of Business Ethics, 133(4), 619-625.
Corvol, A., Moutel, G., & Somme, D. (2016). What ethics for case managers? Literature review
and discussion. business Ethics, 23(7), 729-742. doi:10.1177/0969733015583182
Graf, C., Wager, E., Bowman, A., Fiack, S., Scott-Lichter, D., & Robinson, A. (2007). Best
Practice Guidelines on Publication Ethics: a Publisher’s Perspective. International
Journal of Clinical Practice. Supplement, 61(Suppl 152), 1–26.
http://doi.org/10.1111/j.1742-1241.2006.01230.x
Hartman, L. P., DesJardins, J. R., & MacDonald, C. (2014). Business ethics: Decision making
for personal integrity and social responsibility. New York: McGraw-Hill.
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