Ethics

Game Simulation that helps to have a view on new threats and opportunities. Many companies lack of unethical acts and behaviors, which results in the loss of stakeholders shares. Rethinking a company’s purpose in terms of societal needs can help to differentiate from competition, promote public trust, and increase stakeholder value. A company needs to have their mind set to do “good”, not just to do “well”. This leads to the decision, which the simulation experience changes the existing shelved products that contain the harmful substance in protecting the company of any legal lawsuits. Values and morals are the existence of everybody’s daily life. At the extent of services to others our values are tested daily based on the circumstances. This simulation was useful to see how hard it is to consider many others and what all needs to be considered. Furthermore, considering external influences it was hard to make easy decisions sometimes. In the first scenario the main outside influences were the customer’s health and the reputation. Since there was an issue that could have created severe health problems the social pressure from the customers was a big issue. In the second scenario the law and regulations were the outside influence. Would the company just ignore the new FDA standards or did not research the foreign country’s ethics; it could have caused many problems. So those social pressures are always a main point with a company.

Ethics Game: Reflective Journal

Introduction:

In this paper, we will analyze two cases: the Case of Fair Warning and the Case of Stringent Standards. First, we will need to identify the stakeholders involved. In both cases, the stakeholders include the various members of G-BioSport such as the Chief Executive Officer (CEO), operations director, quality control manager, director of public relations, shareholders of the company and also the consumers of the company. These are the groups of people who will be directly affected by any...