Ethics Game Mgt 216

Ethics Game

MGT/216

University of Phoenix

05th November 2009

Ethics Game

Many companies suffer not only in the public, but financially in the long run because of greed for short term gain. When the FDA requires specific ingredients in a medication that is out on the shelves it is up to the company to both pull the medication off the shelf, and sell it elsewhere to make up the difference the company would lose, place appropriate labels on the medication, or even pull the medication and destroy it. When going over my personal ethics and the company code of ethics it was easy for me to decide that should pull the medication off the shelves and destroy it preventing harm to not just people in the U.S but in other countries where the drug could be sold.

The relationship between concepts of virtue, values, and morals are virtually the same. When speaking about virtue in the business environment it is to be righteousness or goodness. Values would be the rules of the company and morals would be how we judge others at the company. Results from the FDA came back that the medication that was already on the shelves in the stores were no longer safe. It is the virtue in me about doing what is right for the good of the people that would help me make a decision on what to do. The company has rules that serve as the values for the company. Values help make a decision on what is good for the company short and long term. A company will always be in the media when there is an issue with a medication that affects the community. Morals allows the evaluation of judging not just on myself, the company, but also the community, and what the community would want to see happen.

If virtue, values, and morals are not considered together when making a decision that effects not just you as a person and the company in its entirety the company may suffer all the effects of making bad ethical decisions.

In this simulation there were several e-mails sent from...