Submitted by: Submitted by dzyabb
Views: 242
Words: 962
Pages: 4
Category: Philosophy and Psychology
Date Submitted: 10/14/2012 10:44 PM
Internal stakeholders:
Employees
Shareholders
Board of direction
External stakeholders:
Pacemaker Company
Doctors
Patients
Other companies that use our transistors
Obligations:
The obligation our company owes to the internal and external stakeholders is to make sure we
have enough supply. Since we are the sole remaining supplier of the transistors, we need to make sure
we have enough quantity of the products, which is very important. Also, our company needs to develop
the transistors, by spending time on researching and developing the new technology. And we will try
our best to bring up the transistor’s stronger capacity and longer lifetime model. Also, we need to
maintain some product quality control. We will make sure to have safety standards for our products,
and test the transistors to make sure that they work well. During the production of the transistors, our
company will set up stricter rules of quality control. In order to reduce the chance of product failure,
our company will pay more attention to the last procedure before the products get off the production
line.
Relevant Issues:
Moral Issues:
Will our company supply or not? Applying the theory of Egoism and Utilitarianism, continuing to
supply will result in more risks, increasing the dissatisfactions of our shareholders. Also, does our
company have a moral duty to continue supplying the transistors? Back in 1975, there were more errors
in the medical field because of less advanced technology. From a moral view, can our company sell to
the pacemaker company considering this fact? Also, how many lives are at risk if we don’t sell, and if we
do sell? People will die if we do or don’t sell, so which option is better to prevent the least number of
deaths?
Legal Issues:
Our company will be subjected to lawsuits and liability if we do or don’t sell. If we do sell our
transistors, and people die as a result of faulty pacemakers, we will be sued. If we don’t sell, and...