Chapter reading - 500 word Synopsis and Case questions

User Generated

nvjtvt

Business Finance

Description

Review Chapters 4 and 5 in the course textbook - Business and society (I will share soft copy of this book).

Chapter 4, Ethics and Ethical Reasoning

Chapter 5, Organizational Ethics

Along with the chapter readings, pay particular attention to the following case in Chapter 4:

Chiquita Brands: Ethical Responsibility or Illegal Action?

Prepare a 500-word posting identifying the major points from the chapter readings. Conclude the post by considering the following case questions:

  1. Do you agree with the 11th U.S. Court of Appeals ruling that cleared Chiquita of any liability for the victims killed by the paramilitary group that Chiquita funded? Construct an ethical argument that supports your view.
  2. Using each of the four methods of ethical reasoning, see Figure 5.6, was it ethical or not for Chiquita to pay the terrorist organization when payments were demanded in the early 2000s?
  3. Should the U.S. ban against supporting terrorist groups, imposed after the September 11, 2001, attacks in the United States, be applied in this situation? Why or why not?
  4. Is there anything that Chiquita could have done to protect its employees adequately without paying the terrorists?

This initial post should be completed in next 4 days. Once i receive this post, i will send you posts of 2 classmates and you need to provide a meaningful comment or question (150 words minimum) to the postings of two classmates.

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Attached.

Title: Business ethics
Thesis statement: Ethical principles guide how employees should behave in their working
positions.
Topic
I.

Chapter 4

II.

Chapter 5

III.

Whether it was ethical for Chi quite company to fund the terrorist group

IV.

Ethical reasoning in four methods described in table 4.6

V.
VI.

Whether the US ban against supporting terrorist groups is applicable in this case
Options Available for Chiquita to protects its employees


Running head: BUSINESS ETHICS

1

Business Ethics
Institutional Affiliation
Date

2

BUSINESS ETHICS
Chapter 4 Synopsis
Managers and employees frequently encounter business ethical issues. It is essential for
the managers and employees to realize and learn how to handle ethical issues on the business. It
is equally necessary for individuals to recognize how their own character influences ethical

behavior in the business. According to Lawrence, & Weber, (2017), ethics revolves on what
is morally right or wrong. Ethical principles are a set of rules that guide a particular group of
people moral behaviors. Ethical principles are applied in the business environment. Ethical
principles guide how employees should behave in their working positions. It is essential for a
business to be ethical. According to Lawrence, & Weber, (2017), business ethics involves
applying general ethical ideas in the business environment. There are various reasons why
businesses should be ethical. There are various reasons why companies promote the high value
of ethical behavior. First, business promotes ethics to meet the demand of its stakeholders. The
busin...

Related Tags