Question

Describe in your own words a scenario whereby a good company, with good employees might make near term decisions leading to a major ethical lapse. Pull from the normative theories and best practices discussed in the text (Business ethics william shaw 9th edition) and in class to illustrate your example.

Answer 1

Taking the instance of a great firm like Vodafone.

Vodafone is just one of the leading telecom operators across the world. It is a firm known for its ethical methods, leading executing employees and is a good example for numerous business throughout sectors.

In India the telecommunications sector is undergoing lot of chaos with the launch of JIO. Costs have actually come down and all drivers are hemorrhaging.

Vodafone has actually taken the choice of downsizing. Staff members that have executed all through these years, that have placed in their blood as well as sweat are being asked to leave the company. This is an extremely brief sighted technique since it kills staff member morale, minimizes performance, and breeds mistrust.

This is a major moral lapse because in tough times the business is letting go of people who have brought the company to where it is today. Staff member expenses can have been decreased with lots of other procedures. Morally this was not the right point to do. And also at all if it needed to release staff members it should have offered sufficient parting advantages.